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The Mog Coin price surged 19% in the last 24 hours to trade at $0.000001712 as of 00:31 a.m. EST on trading volume that skyrocketed 103% to $25.2 million.
Mog Coin Price Aims For A Continued Rally
According to GeckoTerminal data, the Mog Coin price has been sustainedly bullish since mid-September, as the bulls capitalized on the $0.0000010 support.
However, the bulls seem to have found some resistance around $0.000001707, which has resulted in the price of Mog Coin trading within a sideways pattern on a consolidation phase.
The price action has broken out of a consolidation range and appears to be in a bullish trend.
MOG now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the uptrend. The 50 MA’s crossover above the 200 MA (golden cross) occurred recently, currently at $0.000000990, which is a bullish signal and often precedes significant upward movement.
Moreover, the Relative Strength Index (RSI) is moving up at 68 and approaching the 70-overbought region, which is a sign of a bullish stance. The RSI being in the upper range suggests strong momentum, but caution is needed if it pushes into overbought levels, as a pullback could follow.
The Moving Average Convergence Divergence (MACD) is in positive territory, with the MACD line above the signal line, indicating bullish momentum. Meanwhile, the histogram is also positive, showing that buying pressure is increasing.
Mog Coin Price Prediction
According to the MOG/USD chart analysis, the Mog Coin price indicates a bullish breakout, supported by strong technical indicators. The price has broken out of consolidation, and the moving averages, MACD, and volume support continued upward movement.
If the breakout continues, the price of Mog Coin could soar even further to the $0.0000020 resistance, a 17.85% surge from the current price.
However, with the RSI approaching overbought territory, there may be some resistance ahead, especially around 0.00000180. In this scenario, the price may go through a correction to the $0.000001272 support zone.
As the Mog Coin price soars, investors looking for new opportunities might want to consider a new meme coin ICO called Flockerz (FLOCK), which offers a stratospheric Annual Percentage Yield (APY) of 3,876%.
New Presale Flockerz Heads For $500K
Offering a fresh and unique concept with its vote-to-earn (V2E) platform, newly launched meme coin Flockerz has already raised more than $493k.
The flock is flying high! We’ve officially crossed $300K! pic.twitter.com/MsLc5PeoyX
— Flockerz (@FlockerzToken) September 28, 2024
At the core of Flockerz is Flocktopia, a revolutionary DAO. Every holder has a voice here and earns rewards through our groundbreaking Vote-To-Earn mechanism.
FlockTopia introduces a new era of decentralization, where a select few don’t control critical decisions, which are made by the entire community. This decentralized hub empowers every token holder to have a direct say in the project’s direction.
The innovative V2E system rewards participants for their engagement, allowing holders to earn $FLOCK tokens simply by casting votes on the project’s future direction.
This empowers every $FLOCK holder to experience true decentralization and strengthens the connection between meme coins and the Web3 space, which is why $FLOCK is proudly dubbed “The People’s Meme Coin.”
Buy And Stake $FLOCK, 3,876% Annual Return
Apart from the VTE rewards, users can also earn passively through the platform’s staking mechanism, with an annual percentage yield (APY) of 3,876%. Over 46 million $FLOCK tokens have already been staked.
According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after its launch.
To join The Flock, you can buy $FLOCK on the official website here for $0.0057012 per token using BNB, ETH, USDT, or a bank card. Buy now before the price hikes in a little more than 1 hour.
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