Predicting the price increase of MEME Coin based on technical analysis can provide an overview of its short-term potential. To determine specific increases, we will consider the following indicators:
1. Nearest resistance level: If MEME surpasses the resistance level of $0.05, the price could reach the next threshold in the range of $0.07 to $0.08. This could be the point where selling pressure increases, affecting its upward momentum.
2. Market momentum: MEME tends to fluctuate strongly according to investor sentiment. If there is positive news or strong investment inflow into the market, the price could increase by about 20-40% from the current level.
3. Price trends and candlestick patterns: If you look at the daily or weekly candlestick chart, patterns such as "bullish engulfing" or "ascending triangle" are signs indicating an upward trend. This could support the hypothesis that the price will increase by an additional 20-25% from the current price level if conditions are favorable.
