Memecoin (MEME) price is on a significant rise. This also applies to other memecoins, most of which are in the green. Check out the technical analysis of MEME token and memecoins in general in this article.

Memecoin (MEME) experienced a price increase of up to 10%! This increase in the price of Memecoin (MEME) is good news for memecoins fans. So, how are the prices of other memecoins?

Let’s see the complete analysis!

Memecoin (MEME) Price Chart Today

Before looking at how the price of Memecoin (MEME) is developing today, let’s take a closer look at the MEME token. If you think MEME tokens are only for entertainment purposes, then you are not quite right.

MEME tokens are designed to be used by various people to exchange goods and services, whether through the Memeland group or others. This memecoin is ERC-20 standard.

Since this article was written, Memecoin price (MEME) has been $0.012487 with an increase of up to 10.24% in the last 24 hours. This price is not the highest price for MEME tokens because MEME was sold at $0.012856 in a similar period.

What you need to pay more attention to is how the indicators on the MEME price chart above are. The RSI indicator for the MEME token is very high, namely 80, which indicates there is an overbuy of tokens.

For the MACD indicator, Memecoin (MEME) experienced an upward spike with a breakup from the line. This means that bullish possibilities are very likely to occur in the future.

The Greeny Memecoins’ World 

The majority of memecoins are experiencing price increases today. It can be seen in the heatmaps screenshot below that major memecoins tokens, such as DOGE, PEPE, BONK, WIF, FLOKI, and of course, SHIB experienced significant price increases.

Price Shiba Inu even rose to 15.53% with the current price being $0.0000196. In fact, in the Bitrue market currently, SHIB has increased by more than 17%. However, the SHIB RSI indicator is also similar to MEME which is overbought with a reading of more than 90.

Conclusion

That is information about the price of memecoin (MEME), which has increased today, complete with an overview of the situation of other memecoins.

Carrying out in-depth research by paying attention to the price graph of the token being targeted, such as Memecoin above, is very necessary. That way, you know clearly what the technical condition of the token is in real-time.

If you want to check other token price charts, you can go directly to the Bitrue website and search for the ticker of the token you are looking for. Enter the indicators you need to be able to carry out a more in-depth analysis.

This press release has also been published on VRITIMES