Official Melania Meme Price Prediction: MELANIA Skyrockets 18% As Traders FOMO Buy This $69M ICO With Time Running Out
The Official Melania Meme price skyrocketed 18% in the last 24 hours to trade at $1.688 as of 02:51 a.m. EST on trading volume that surged 73% to $202 million. Official Melania Meme Price Aims For A Breakout The MELANIA price chart on the 1-hour timeframe shows a strong initial price surge followed by a prolonged downtrend. Price action for the Official Melania Meme is currently forming a falling wedge pattern, characterized by two downward-sloping trendlines that converge. This pattern is typically bullish, as it often precedes a breakout to the upside. Recently, the price of Official Melania Meme has been consolidating near the upper boundary of the wedge around $1.87, suggesting a potential breakout attempt, data from GeckoTerminal shows. The 50-period Simple Moving Average (SMA) on the 1-hour chart is at $1.5359, while the 200-period SMA is at $1.9843. MELANIA is currently testing the 50-period SMA, which could act as support if broken to the upside. However, the ...