MemeCore Price Prediction: M Spikes Above $1.70 As Korean Traders Drive Rally

MemeCore is trading at $1.71 at the time of writing, extending its parabolic rally after gaining nearly 30% in a single day. The surge comes as Korean traders drive unprecedented demand ahead of the project’s high-profile appearance during Korea Blockchain Week.

MemeCore Price Explodes After Breakout

The daily chart shows M breaking out of a long-term triangle consolidation in late August, triggering a vertical surge toward $1.70. The move represents a near fivefold increase from its late-August lows around $0.35, highlighting speculative frenzy.

On the 4-hour chart, M has raced above its 20, 50, 100, and 200 EMAs, all stacked between $0.58 and $1.16. Price action is now pressing outside the upper Bollinger Band, underscoring extreme momentum conditions. Immediate resistance emerges at $1.80 and then $2.00, while downside support sits at $1.60, followed by $1.20 and $0.90.

Korean Community Sparks Buying Frenzy

The post MemeCore Price Prediction: M Spikes Above $1.70 As Korean Traders Drive Rally appeared first on Coin Edition.