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 rally has been fueled by unique community-driven catalysts. According to reports, MemeCore rented out Seoul’s iconic Lotte World amusement park for one night during Korea Blockchain Week. The move has captured attention across social media, with speculation that Korean whales and local traders are orchestrating a coordinated push to keep prices elevated ahead of the event.
The scale of this marketing effort is unusual for a memecoin-focused project, reinforcing bullish sentiment in local markets. While the fundamentals remain speculative, the cultural and community-driven hype has become a powerful driver of price action.
Technical Outlook For M Price
Short-term charts highlight a parabolic structure. If $1.80 breaks, $2.00 becomes the next magnet, aligning with psychological resistance and potential profit-taking levels. Above that, speculative targets extend to $2.30.
On the downside, a correction toward $1.20–$0.90 cannot be ruled out if the rally stalls. This would represent a typical retracement toward EMA clusters and could reset funding levels before another move higher.
Outlook: Will MemeCore Go Up?
MemeCore’s immediate future depends on whether the Korean-driven hype cycle can sustain price momentum into Korea Blockchain Week. The project’s cultural presence and unusual marketing strategy have created a rare wave of speculative energy.
As long as M holds above $1.20, analysts see room for extension toward $2.00–$2.30. Failure to defend $0.90 would expose the fragility of the rally and risk unwinding recent gains. For now, the bias remains strongly bullish, though volatility is expected to intensify.
Forecast Table
| MemeCore Price Levels | Outlook |
| Resistance | $1.80, $2.00, $2.30 |
| Support | $1.60, $1.20, $0.90 |
| Indicators | Bollinger Bands stretched, EMAs clustered far below |
| Bias | Strong bullish, high volatility |
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