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The MFERS price has surged by 98% in the last 24 hours to trade at $0.04005 as of 7:30 a.m. EST on a 117% surge in trading volume to $336,174.
MFERS Price Gears Up For Another Bull Rally
The price of MFERS has seen a notable rise, breaking out of the descending wedge pattern. This pattern typically occurs in robust uptrends, signalling occasional pullbacks where buyers can regroup and regain momentum.
MFERSWETH Analysis. Source: Dextools.io
Thanks to bullish investors, MFERS seems ready to reach a new peak this month. They’ve successfully maintained the price above the 50 and 21 Simple Moving Averages (SMAs), which are now acting as support.
Additionally, the Relative Strength Index (RSI) is showing promising signs, bouncing back from the midline level of 50 to 56. This suggests significant buying interest in MFERS.
MFERS Price Targets A New High Above the Descending Triangle
The MFERS bulls are striving for a higher price and are finding support from the SMAs and the RSI. With momentum picking up, there’s a chance for the price to surpass the pennant, setting sights on reaching approximately $0.0802 in the upcoming weeks.
On the flip side, bears could continue the corrective phase, pushing the price back towards the support zone around $0.02268 within the triangle.
SMOG: The Best Meme Coin To Buy Now?
Investors are flocking to Smog (SMOG) on Solana after its recent listing on MEXC. The excitement is real because when coins like Dogwifhat (WIF) and Book of Meme (BOME) listed on Binance, their prices shot up.
So, it’s not surprising that folks are expecting a similar boost for SMOG now that it’s on MEXC, and, indeed, it’s up 16% in the past 24 hours.
This listing means more traders can participate, potentially leading to a surge in demand and, subsequently, the value of SMOG. Plus, there’s talk of another big exchange listing down the road.
And let’s not forget the massive airdrop campaign SMOG is running, which it calls the “greatest airdrop of all time.” Season 1 of the airdrop rewarded the community with $1 million worth of tokens.
Don’t Miss Out On Season Two Of The Airdrop!
Season two just kicked off, focusing more on on-chain and trading activity. This gives traders and investors more reason to dive into SMOG.
One #Memecoin to rule them all! 🚀
Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
Join #SMOG on Zealy! 🔥
Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
— SMOG (@SMOGToken) February 8, 2024
By staking Smog tokens, investors also can earn a 42% annual percentage yield (APY).
The best place to buy SMOG is on the official website, where there is a 10% discount available for a limited time.
Buy SMOG using ETH, USDT, or a bank card here.
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