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The Moo Deng price soared 115% in the last 24 hours to trade at $0.0002092 as of 01:46 a.m. EST on trading volume that skyrocketed 159% to $44 million.
Moo Deng Price Aims For A Sustained Bullish Rally
According to data from GeckoTerminal, the Moo Deng price has been in a consolidation phase since its launch in mid-September, trading within the $0.000040 range. The chart shows a clear parabolic rise, signaling a strong bullish trend.
MOODENG price now trades above the 50-day Simple Moving Average (SMA), coinciding with the recent uptrend.
The Relative Strength Index (RSI) value is currently 81.63, which places it in the overbought zone (above 70). This high RSI indicates that the asset is overbought and may be due for a short-term correction or consolidation, though assets can remain overbought in strong trends.
Moreover, the Moving Average Convergence Divergence (MACD) is also soaring above the neutral line, signaling strong bullish movements. The green bars on the histogram also extend gracefully above the zero line, which is a signal that the price of Moo Deng is on a positive momentum.
Moo Deng Price Prediction
The Moo Deng price analysis on the 4-hour chart shows a continued rally, which the bulls aim to sustain. If this momentum continues, the bulls aim to drive the price up, as they target $0.000350.
However, the RSI now shows that the asset is overvalued, which may be a selling signal. If the bears take charge, the price may plunge back to $0.0000383 (50-day SMA).
As the Moo Deng price bulls search for more favorable buying signals, investors seeking new opportunities might want to consider a new meme coin ICO called Flockerz (FLOCK), which has raised more than $517k in its presale.
According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after its launch.
Flockerz Raises Over $516K In Blockbuster Presale
The Flockerz Vote-To-Earn (V2E) platform is transforming decentralization as we know it. This platform actually allows community members to decide the project’s future and then get compensated for it.
The V2E model represents a major shift in how meme currencies work. Flocktopia is the decentralized governance framework of FLOCKERZ. It is also a vital component of the project. Each token holder in this DAO can influence crucial decisions.
In the legend of Flocktopia, King Birb once held centralized power over the flock. But centralization caused Flocktopia to crash, symbolizing the downfall of a system that did not prioritize the well-being of the broader community, and showing King Birb that the power of the people is paramount.
To participate in the voting process, users must buy $FLOCK tokens. The greater the number of tokens you own, the more influence you have in voting. When a new suggestion is presented, members of The Flock vote.
The flock is flying high! We’ve officially crossed $300K! pic.twitter.com/MsLc5PeoyX
— Flockerz (@FlockerzToken) September 28, 2024
Apart from V2E rewards, users can earn passively through the platform’s staking mechanism, which offers a sky-high annual yield of 3,570%.
Investors interested in joining the presale can visit the official Flockerz website to buy FLOCK tokens at the current price of $0.005724 per token using BNB, ETH, or USDT.
You can also make a purchase using your bank card. Buy before a price hike in about two days to secure the best deal.
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