Is MemeCore the Next Crypto Rocket? Bullish Pattern Signals More Gains

MemeCore Surges 24%: Can It Hit $0.77 Next? Elliott Wave Analysis Says Yes

MemeCore has burst back to life, jumping 24.14% in just one day and breaking above a critical resistance level. Traders and analysts are now eyeing a move to $0.77, backed by a classic Elliott Wave bullish structure that could lead to more gains — but only if key support zones hold.

Let’s break down what’s happening, what to watch for, and where the price could go next.

 Why MemeCore Is Pumping Right Now

After weeks of sideways movement, MemeCore has finally broken out of its slumber. It surged past a key range high and is now pushing into major resistance at $0.62, backed by strong market momentum.

Key Support Repeatedly Tested at $0.32

• MemeCore successfully held $0.32 as support multiple times.

• This zone matched the Value Area Low, a common accumulation area for bulls.

• Buyers consistently stepped in, signaling strength and setting up for a potential breakout.

Breakout Trigger: Reclaiming the Point of Control

Once the Point of Control (POC) — the price level with the highest trading volume — was reclaimed, MemeCore launched higher. The impulsive move caught many by surprise and now suggests a larger bullish structure is unfolding.

 Elliott Wave Pattern Points to More Upside

MemeCore appears to be in Wave 3 of an Elliott Wave sequence. For those unfamiliar, Elliott Wave Theory identifies trends in five waves:

• Waves 1, 3, and 5 go with the main trend.

• Waves 2 and 4 are corrections.

Wave 3 = Explosive

Wave 3 is usually the strongest and longest, and MemeCore’s 24% rally fits that profile.

• Wave 1: Early move off $0.32

• Wave 2: Small correction

• Wave 3: Currently unfolding, aiming for $0.77

• Wave 4: Possible correction ahead

• Wave 5: Final push to complete the trend

 Key Levels to Watch

Resistance to Flip: $0.62

• This level is now the battleground.

• It aligns with the Value Area High and Fibonacci Pivot.

• A breakout above this confirms the continuation of Wave 3.

Support if Pullback Happens: $0.52

• If Wave 4 kicks in, $0.52 is the likely zone to hold.

• This area aligns with a standard 1:1 corrective move from earlier waves.

• Holding this level keeps the bullish structure intact.

 Volume Confirms Strength

Trading volume has increased significantly during this move, showing strong market participation — always a good sign in the middle of a bullish breakout. This isn’t just a random spike; it’s backed by real buying interest.

 Price Targets Based on Fibonacci Extension

If MemeCore completes the current wave structure:

• Next Target: $0.77

  • This is a trend-based Fibonacci extension from the early impulse move.

  • It’s a high-probability target if the current Elliott Wave holds.

If $0.62 breaks cleanly, MemeCore could rally straight to $0.77 without a pause. If not, expect a healthy pullback to $0.52 before the next move.

 What to Expect Next

Scenario 1: Clean Breakout Above $0.62

• Wave 3 continues

• Target = $0.77

• Very bullish, fast-paced action

Scenario 2: Short-Term Pullback to $0.52

• Wave 4 begins

• Retest $0.52 as support

• Then Wave 5 completes the move to $0.77

In both cases, the chart remains bullish — unless $0.52 is lost, which would break the structure.

 Is MemeCore Still a Buy?

If you missed the initial move, don’t panic. Smart traders wait for either:

• A break and retest above $0.62

• A pullback to $0.52

The bullish Elliott Wave count remains valid, and price action suggests more upside is likely — especially if volume continues to grow.

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