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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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MemeCore emerges as a frontrunner among top gainers :
MemeCore edges higher by 5% at press time on Tuesday, extending the uptrend by five consecutive days. The uptrend momentarily peaked at $1.13 on August 30, marking its all-time high.
A potential close above the $0.898 resistance level, marked as the highest close on the 4-hour chart, could extend the uptrend to the $1.00 psychological milestone.
The momentum indicators are fluctuating in bullish territory on the 4-hour chart. The Relative Strength Index (RSI) is at 70, moving close to the overbought boundary line, indicating heightened buying pressure. Still, the RSI signals a bearish divergence as its indicator line forms a lower high compared to the higher price action peaks.
The Moving Average Convergence Divergence (MACD) and its signal line soar higher into positive territory.
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#Are You Bullish or Bearish Today?#