MSTR2100 Memecoin Surges After Strategy Beats Earnings Estimates

Key Takeaways

Strategy beat its Earnings Per Share (EPS) estimates.
The MSTR2100 (MSTR) memecoin has fallen since July 14.
Will MSTR benefit from Strategy’s impressive performance?

Strategy’s (formerly MicroStrategy) recent earnings report has caught the attention of both traditional and crypto markets.

The firm beat its Earnings Per Share (EPS) estimates by 46,671%, so it was confusing that the associated memecoin, MSTR2100 (MSTR), has fallen.

With that in mind, let’s analyze the latter’s chart to explain this discrepancy.

Strategy Earnings

The MSTR memecoin has been trending since Strategy released its latest earnings—but the market reaction tells a different story.

Strategy beat revenue expectations by 2%, but the real headline was its massive earnings-per-share (EPS) surprise.

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MSTR Price Analysis

Despite the positive earnings performance, MSTR’s price analysis is bearish.

MSTR has completed an A-B-C correction (red), with waves A and C having the same length.

There is a possibility where the price action will create an ascending triangle, which is a bullish pattern.

However, even if that is the case, the price of MSTR will first fall to the ascending support trend line at $0.140.

MSTR Count — MSTR/USDT Six-Hour Chart | Credit: Valdrin Tahiri/TradingView

The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are both falling, signaling a bearish trend.

So, even in its bullish scenario, the short-term MSTR price prediction is bearish.

Bearish Outlook

Despite Strategy’s blowout earnings, the MSTR memecoin has continued its downward trend.

Technical indicators and the wave count point to a bearish short-term MSTR price prediction.

Even if the MSTR price eventually breaks out, an initial decline to $0.135 is the most likely scenario.

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Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.

About the Author

Valdrin Tahiri

Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.

He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.

Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.

He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.

[email protected]

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MSTR2100 Memecoin Surges After Strategy Beats Earnings Estimates

Strategy Earnings

MSTR Price Analysis

Bearish Outlook

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