The Vine Coin Price Has Surged 21% in the Last 24 Hours to Trade at $0.0311

This rise follows heightened speculation about a potential Vine revival, fueled by Elon Musk's recent remark: "Feel free to take that on," referring to the possibility of bringing back the short-video platform.

The Vine Coin price has surged 21% in the last 24 hours to trade at $0.0311 as of 9:00 p.m. EST. It is down 398% with a $290.2 million volume in 24 hours.

Top 10 Cryptocurrency Prices Today: BTC, ETH, XRP, LTC Price Surges

The surge caused the VINE price to skyrocket to the top of CoinMarketCap’s trending list, propelling its market capitalization to just over $46 million.

This rise follows heightened speculation about a potential Vine revival, fueled by Elon Musk’s recent remark: “Feel free to take that on,” referring to the possibility of bringing back the short-video platform.

Feel free to take that on

— Elon Musk (@elonmusk) March 29, 2025

Vine Coin Price Ready For 112% Additional Gains After Cooling Off

The 12-hour VINE price chart shows the asset has been in a prolonged downtrend but has recently broken out of a falling wedge pattern, which is a bullish reversal signal. A breakout above the wedge resistance line indicates potential trend reversal to the upside.

The Vine Coin price action is testing the 50-day simple moving average (SMA), which acts as a dynamic support. A sustained close above it confirms further bullish momentum.

VINEUSDT Analysis Source: Tradingview

While today’s 21% jump has traders buzzing, the price of VINE has shrunk to $0.0308 from a high of $0.045, potentially due to aggressive profit-taking following the initial spike.

Should VINE continue higher from here, it may likely encounter the first resistance around $0.0655, a 112% increase. If bulls persist with their campaign, the price action will likely forge higher to $0.128, marking a 314% increase from the current price.

At 53.19, the relative strength index (RSI) indicates neutral to slightly bullish momentum. If it moves above 60, it confirms stronger upside potential.

Conversely, if Vine Coin price drops back into the falling wedge highlighted in the chart, it could reveal market weakness, ruling out the current breakout as a fakeout. The meme coin price would likely drop to $0.02323, which marks the previous low.

Last Chance To Buy Meme Index (MEMEX) – Only 1 Day Left

As the Vine Coin price pumps, traders are rushing to grab Meme Index (MEMEX) tokens before it’s presale ends tomorrow, March 31, at 2 p.m. UTC.

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For those chasing higher returns, the Meme Moonshot Index targets tokens valued between $250 million and $1 billion, projects that are primed to break into the top ranks of the sector.

There's only ONE way to get those summer gains and that's with $MEMEX

Get ready for the Frenzy! 🔥📈https://t.co/7P9aYCaBEn pic.twitter.com/0Vi8IBvyyG

— Meme Index (@memecoin_index) March 26, 2025

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Final Call To Buy MEMEX Now! Only 1 Day Left

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