coinedition.com
56 m
MemeCore price prediction for this week stays bullish above $1.09, the level M needs to hold as a 56.11 million token unlock approaches on November 1.
M is holding above its 0.382 Fibonacci level at $1.09 for now, trading at $1.12 and up 4.87% today, about 69% above the $0.66 low it set earlier this month. Price has also cleared the 20-day EMA at $0.94 and the 50-day at $1.02, which turns both into support.
Point your phone camera to install
4.8 based on 40K reviews in the App Store and Google Play
Overhead, the 100-day EMA at $1.20 and the 0.5 Fibonacci level at $1.22 are the first hurdles, with the 200-day at $1.47 well above. RSI at 64.83 has climbed from oversold readings earlier this month and sits far above its average of 39.71, so the bounce is strong but stretched.
M looks more likely to test $1.20 than to lose $1.09 this week, and a daily close below $1.09 would put the 50-day EMA at $1.02 in play.
Related: Zcash Price Prediction: ZEC Rally Faces Pressure as Co-Founder Proposes Ending Grants Funding
| Type | Price | Why it matters |
| Resistance | $1.20 | 100-day EMA |
| Resistance | $1.22 | 0.5 Fibonacci level |
| Resistance | $1.35 | 0.618 Fibonacci level |
| Support | $1.09 | 0.382 Fibonacci level |
| Support | $1.02 | 50-day EMA |
| Support | $0.94 | 20-day EMA |
DefiLlama lists about 56.11 million M tokens for release on November 1 at 23:44 UTC, which is 5:14 a.m. IST on November 2.
That is roughly 2.45% of circulating supply, and about $62.85 million at today’s $1.12. The tokens go to community, investor, foundation and team allocations. An unlock only makes tokens eligible to trade, so what matters is how much of it reaches the market.
MemeCore’s open interest rose 15.86% to $16.59 million, while derivatives trading volume fell 7.49% to $19.27 million, according to Coinglass. The figures show that the value of open contracts increased even as trading slowed.
Related: Infinity Ground Price Prediction: Token Surges 282% in a Week as Open Interest Hits $86 Million
Liquidations totaled $8.93K over 24 hours. Short positions accounted for $8.16K, or about 91% of that total. On Binance, the long-to-short account ratio stood at 1.51, meaning more accounts held long positions than short positions.
| Metric | Value | What it shows |
| Derivatives volume | $19.27M, down 7.49% | Less trading activity |
| Open interest | $16.59M, up 15.86% | Higher value of open contracts |
| 24-hour liquidations | $8.93K, including $8.16K in shorts | Shorts made up most liquidations |
| Binance long/short account ratio | 1.51 | More accounts held long positions |
M holds above $1.09, closes above the 100-day EMA at $1.20 and clears the 0.5 Fibonacci level at $1.22. That would open the 0.618 level at $1.35, with the 200-day EMA at $1.47 beyond it. A steady market through the November 1 unlock would fit this path.
M closes below the 0.382 Fibonacci level at $1.09 and slides toward the 50-day EMA at $1.02. A close below that level would put the 20-day EMA at $0.94 and the 0.236 Fibonacci level at $0.93 in play. Selling around the unlock would fit this path.
M stays bullish above $1.09 and could move toward $1.20 and then $1.35 if it closes above the 100-day EMA and the 0.5 Fibonacci level at $1.22. A daily close below $1.09 would put the 50-day EMA at $1.02 in play.
DefiLlama lists about 56.11 million M for unlock on November 1 at 23:44 UTC, or November 2 at 5:14 a.m. IST. That is roughly 2.45% of circulating supply, spread across community, investor, foundation and team allocations.
M is up 4.87% today at $1.12, about 69% above its $0.66 low from earlier this month. Open interest rose 15.86% over the same period, but none of the data in our analysis ties the move to a specific announcement.
The 0.382 Fibonacci level at $1.09 is the nearest support, followed by the 50-day EMA at $1.02. A close below $1.02 would put the 20-day EMA at $0.94 in play.
