💥 WLFI Listing Triggers MemeCore Rally—FOUR Token Follows Closely
MemeCore Price Jumps Double-Digit, Bulls Target $1.
The WLFI listing maintains post-listing gains as the community hopes for 100% transaction fee destruction.
Four tokens are poised for a rebound after breaking above $3.00 in a descending wedge pattern.
The top cryptocurrencies gaining the most in the past 24 hours include MemeCore (M), World Liberty Financial (WLFI), and Four (FORM). MemeCore leads the gains, with a double-digit surge, nearing $1.
Shares of Trump-backed World Liberty Financial rallied following its listing, signaling investor confidence. The technical picture for the four tokens suggests asymmetric risk, as a breakdown of the descending wedge pattern could lead to a loss of the psychological support level of $3.00.
MemeCore leads the top gainers.
As of press time on Tuesday, MemeCore was up 5%, extending its winning streak to five days. On August 30, the uptrend reached an all-time high of $1.13.
A close above the maximum resistance level of $0.898 on the 4-hour chart could trigger a move to $1.00.
Momentum indicators on the 4-hour chart are pointing upwards. The relative strength index (RSI) is at 70, approaching the overbought line, indicating strong buying pressure. The RSI is signaling a bearish divergence, as its high is below a higher price action peak.
Both the MACD and signal lines are rising into positive territory.
World Liberty Financial's launch fuels optimism.
World Liberty Financial debuted on Monday and was up over 7% as of press time on Tuesday. The newly launched cryptocurrency lacks long-term technical support.
Sellers take control, Four hits key support levels.
As of press time on Tuesday, the Four token was trading at $3.18, up from $3.05. On the four-hour chart, Four Token is rebounding from a falling wedge breakout and attempting to break through the psychological barrier of $3.00.
FORM needs to break through the $3.42 barrier to consolidate gains and potentially reach $4.00.
If Four Token falls below $3.00, it could reach Monday's low of $2.76.
#MEME #WLFI #MarketPullback #DogeCoinTreasury $M $WLFI
