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Memecore jumps 54% in 24 hours but faces skepticism and bearish pressure near $1.20-$1.30 resistance zone

Market News
01 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Memecore surged 54% in a day, pushing its price above $1 and its market cap back over $1 billion. Despite this rally, the memecoin sector still underperformed Bitcoin, and traders remain cautious due to thin liquidity and past accusations of market manipulation. The token faces strong resistance in the $1.20-$1.30 range, a key level tested multiple times earlier. Given the volatile price swings and bearish momentum, investors are advised to be cautious or avoid buying until clearer signals emerge.

More News

FDA approves Casgevy gene therapy for children 2+ with sickle cell disease and beta thalassemia

FDA approves Casgevy gene therapy for children 2+ with sickle cell disease and beta thalassemia

The FDA has approved Casgevy, a gene therapy using CRISPR technology, for children aged 2 and older with sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT). This therapy modifies patients' own stem cells to increase fetal hemo...

Market News
Neutral
1 hour ago
Guggenheim announces July 2026 distributions for several closed-end funds, payable July 31.

Guggenheim announces July 2026 distributions for several closed-end funds, payable July 31.

Guggenheim Investments declared distributions for multiple closed-end funds, including Advent Convertible Income Fund and Guggenheim Strategic Opportunities Fund, with payments scheduled for July 31, 2026. These distributions may include income, capi...

Company Fundamentals
Neutral
2 hours ago
AI/R Avenue Code earns Google Gemini Enterprise competency, boosting secure AI adoption in businesses.

AI/R Avenue Code earns Google Gemini Enterprise competency, boosting secure AI adoption in businesses.

AI/R Avenue Code, a subsidiary of AI/R, has achieved Google's Gemini Enterprise competency, recognizing its expertise in deploying advanced AI solutions securely in enterprises. This certification highlights their strengths in security, workflow auto...

Market News
Bullish
2 hours ago
AAVE adds 1,806 new wallets in a day as token jumps 9%

AAVE adds 1,806 new wallets in a day as token jumps 9%

Aave, a leading decentralized lending protocol, saw its largest single-day increase in new Ethereum wallets since October 2021, adding 1,806 wallets on June 30. This surge coincided with a 9% rise in the AAVE token price, reaching about $86.94. The g...

Protocol Fundamentals
Bullish
4 hours ago
RAVE token drops 12% as whale sell-off and weak demand pressure price lower

RAVE token drops 12% as whale sell-off and weak demand pressure price lower

RAVE token has fallen 12% in the past day, driven mainly by large holders (whales) selling off their positions. Indicators show weakening bullish conviction and declining spot demand, signaling potential for further price drops. Whales control most o...

Technical Signals
Bearish
4 hours ago
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