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The Fwog Takes price soared 98,718% in the last week and 40% in the past 24 hours to trade at $0.004852 as of 06:08 a.m. EST on trading volume that surged 17% to $3.07 million, according to CoinGecko.
Fwog Takes Price On A Sustained Bullish Rally
The Fwog Takes price is consistently forming higher highs and higher lows, bouncing within the rising channel’s upper and lower boundaries. The current price of $0.004852 is testing the channel’s upper boundary, which could act as resistance, as data from GeckoTerminal shows.
A breakout above the upper boundary would signal strong bullish momentum, while a rejection could lead to a pullback toward the midline or the lower boundary of the channel.
The price of Fwog Takes is trading significantly above the 50-day Simple Moving Average (SMA at $0.002974, indicating strong bullish momentum. This SMA is acting as dynamic support, and a pullback to this level could offer potential support for the trend to resume.
The Relative Strength Index (RSI) is currently at 71.51, entering the overbought zone (>70). This suggests the price might experience a short-term pullback or consolidation to cool off overbought conditions.
Meanwhile the MACD (Moving Average Convergence Divergence (MACD)is in a bullish state, with the blue MACD line (blue) above the signal line (orange), and both are above the zero line, reflecting ongoing bullish momentum.
FWOG/USD Chart Analysis (Source: GecckoTerminal)
Fwog Takes Price Prediction
According to the Fwog Takes price analysis on the 1-hour timeframe, the asset is currently on a positive trajectory as it trades within the rising channel pattern. If the FWOG price breaks above the channel’s upper boundary and sustains above $0.0049, the uptrend could accelerate toward $0.0055 or higher.
However, a rejection at the upper channel boundary could lead to a pullback toward $0.0044-$0.0043. A breakdown below the lower channel boundary or the 50 MA ($0.0029) could signal a deeper correction.
Meanwhile, investors are piling into a new frog-themed Pepe derivative called Wall Street Pepe (WEPE), which crypto influencer ClayBro, with over 134k subscribers, predicts will soar 100X after launch.
Wall Street Pepe Raises Over $34.9 Million In Presale
Wall Street Pepe’s presale has been extraordinary, raising over $34.9 million in less than three weeks, positioning it as one of the most talked-about meme coins of 2024.
The character of Wall Street Pepe is depicted as a figure making big financial calls and handing them down to the little guy to level the playing field for them against whale investors.
These small traders are provided with exclusive market insights, trading tips, and strategies, helping them challenge the dominance of secretive whales.
Out here making history. Feeling bullish. 🐸 ⚔️ pic.twitter.com/LlI8KkWfL7
— Wall Street Pepe (@WEPEToken) December 15, 2024
By holding the $WEPE token, investors can also earn a 38% annual percentage yield (APY), providing a lucrative passive income stream.
Investors can buy $WEPE Token from the official website for $0.0003654 using ETH, USDT, or a bank card.
If you would like to join, buy before a price hike in less than one day.
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