The MemePad price is trading above $0.00200 and the coin must climb above this level to reclaim the previous resistance at $0.00202 to remain higher.
MEPAD/USD Long-term Trend: Ranging (Daily Chart)
Resistance Levels: $0.0022, $0.0023, $0.0024
Support Levels: $0.0018, $0.0016, $0.0014
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MEPAD/USD is seen improving and moving out of the range to the upside as the market aims to cross above the 9-day and 21-day moving averages. However, the MemePad price is likely to hit the nearest resistance level of $0.00210.
MEPAD Faces the North; High Returns on TAMA
The MemePad price is attempting to climb higher as the technical indicator Relative Strength Index (14) remains above the 50-level. However, as much as the red line of 9-day MA stays above the green line of 21-day MA, the market price will head to the upside.
On the contrary, if the market begins a downward movement, traders may see a further drop to $0.0018, $0.0016, and critically $0.0014. The resistance levels to watch are $0.0022, $0.0024, and $0.0026 respectively.
MEPAD/USD Medium-Term Trend: Ranging (4H Chart)
According to the 4-hour chart, MemePad’s price is currently trading around $0.00201 as the coin moves below the 9-day moving average after touching the daily high of $0.00202. Meanwhile, we can see that the bullish movement is still very likely in the market as the bears are also trying to bring the price down.
However, breaking above the moving averages may allow the bulls to hit $0.00215 and above. Meanwhile, the Relative Strength Index (14) is currently moving in the same direction under the 50-level. Any movement below this barrier may lead to the support of $0.00190 and below.
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