MemeCore rebounds 8% and breaks through consolidation, but on-chain divergence of -82% hides risks

RumbleValidator · 2026-01-21T05:20:10+00:00

MemeCore recently rebounded from the $1.5 support level, rising 8%, with a target of $1.90. However, on-chain activity is seriously diverging from the price trend, so caution is advised regarding short-term rebound signals.

RumbleValidator

2026-01-21 05:20:10

Abstract generation in progress

【Crypto World】MemeCore just rebounded from the $1.50 support level, with a short-term increase of 8%, breaking the stalemate this week. The current target is $1.90, which is the next resistance.

In terms of trading activity, it looks good, with futures trading volume surging by $2.4 million to $36.63 million, indicating that funds are actively following in. However, a question mark remains—on-chain divergence readings have skyrocketed to -82%, meaning on-chain activity and price movement are seriously diverging. In simple terms, the price is soaring, but network activity hasn’t kept up. This kind of mismatch is often a signal, suggesting the price might be a bit overhyped. While the short-term rebound is indeed strong, don’t get blinded by this number—it’s always wise to stay cautious.

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SighingCashier

· 16m ago

It's the same inflated act again; a -82% divergence is no joke.

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DuskSurfer

· 7h ago

On-chain divergence of -82% is a bit scary; it feels like the funds are just hyping themselves up.

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ChainMemeDealer

· 7h ago

It's the same old story of a false rebound, does nobody care about the -82% divergence at all?

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TestnetFreeloader

· 7h ago

Haha, it's the same old on-chain divergence trick again. The -82% figure is really incredible, and the overestimation is a bit outrageous.

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GasWaster

· 7h ago

-82% on-chain divergence while futures volume pumps? nah, this smells like a classic pump-and-dump setup. price action without network activity is literally just gas fees waiting to happen tbh

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