MEME – Memecoin Daily Analysis

March 8, 2025 MEME – Memecoin Daily Analysis MEME – Memecoin Daily Analysis

March 8, 2025 MEME/USDT MEME - Memecoin Daily Analysis
MEME – Memecoin Daily Analysis

Outlook

MEME current price is 0.002898 USDT and the current market cap is 4.637.552 USDT. This chart period started 210 days ago (11 August 2024) with a total of 96 days closing above the opening price and 111 days closing below the opening price. The lowest price was 0.002802 USDT on 07 March 2025, and the highest price was 0.01869 USDT on 07 December 2024. The current price is 3.43% above the lowest price and 84.49% below the highest price.

Moving Average

Moving Averages (Closing Prices):5-Day Moving Average: 0.003010822-Day Moving Average: 0.003794272750-Day Moving Average: 0.00522008100-Day Moving Average: 0.00874274250-Day Moving Average: 0.010849136

Moving Average Analysis

The current price is %3.75 lower than the 5-Day moving average and has been below it for 3 days.The current price is %23.62 lower than the 22-Day moving average and has been below it for 6 days.The current price is %44.48 lower than the 50-Day moving average and has been below it for 35 days.The current price is %66.85 lower than the 100-Day moving average and has been below it for 49 days.The current price is %73.29 lower than the 250-Day moving average and has been below it for 61 days.

Trends

The longest uptrend in the 210 day period is 5 days. It started at 0.01033 USDT on 19 August 2024 and ended by increasing by 26.72% to 0.01309 USDT on 24 August 2024.The longest downtrend is 8 days. It started at 0.01309 USDT on 24 August 2024 and ended by decreasing -29.56% to 0.00922 USDT on 01 September 2024.

Support & Resistance

This review was made for the last 7 daysLast 7 days support levels: Support: 0.00317 USDT on 03-03-2025 Support: 0.00283 USDT on 04-03-2025 Support: 0.002902 USDT on 06-03-2025 Support: 0.002802 USDT on 07-03-2025Last 7 days resistance levels: No resistances found.No support or resistance levels found.

Volume

Fetched 492 data points, less than 500 days of data. Adjusting limit.The previous trading day’s volume (07-03-2025) 2,059,505,469.00 USDT. Highest volume in the last 210 days is 11,211,825,353.00 USDT on 13-11-2024. Lowest volume in the last 210 days is 91,053,155.00 USDT on 08-03-2025. Difference between highest and lowest volume is 12213.49%.

Volume Moving Averages

( Excluding Today)
5-day Moving Average Volume: 3,031,680,335.80 USDT22-day Moving Average Volume: 2,289,259,719.18 USDT50-day Moving Average Volume: 2,766,405,348.78 USDT100-day Moving Average Volume: 2,218,740,768.25 USDT250-day Moving Average Volume: 1,598,091,764.24 USDT

Volume Moving Averages Comparison

Volume of the previous trading day: 2,059,505,469.00 USDT
Previous day’s volume is 32.07% lower than the 5-day moving average.Previous day’s volume is 10.04% lower than the 22-day moving average.Previous day’s volume is 25.55% lower than the 50-day moving average.Previous day’s volume is 7.18% lower than the 100-day moving average.Previous day’s volume is 28.87% higher than the 250-day moving average.

Percentage Differences Between Moving Averages:

5-day moving average is 32.43% higher than the 22-day moving average.22-day moving average is -17.25% lower than the 50-day moving average.50-day moving average is 24.68% higher than the 100-day moving average.100-day moving average is 38.84% higher than the 250-day moving average.

Volume Trend

The longest consecutive volume increase started on 14-12-2024 with a volume of 930,757,422.00 USDT and ended on 19-12-2024 with a volume of 3,684,054,017.00 USDT, lasting for 5 days and representing a 295.81% increase.The longest consecutive volume decrease started on 20-01-2025 with a volume of 6,495,416,613.00 USDT and ended on 26-01-2025 with a volume of 919,004,736.00 USDT, lasting for 6 days and representing a 85.85% decrease.

Price Volume Coorelation

During the longest volume increasing period price decrease from 0.01334 USDT to 0.01038 USDT, which represents a -22.19% change.During the longest volume decreasing period price decrease from 0.00835 USDT to 0.00783 USDT, which represents a -6.23% change.

Strategy

Under sales pressure, we should observe where the decline will end and then reassess. Currently, we do not recommend opening a ‘long’ position.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.

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