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The Moca Coin price plunged 32% in the last 24 hours to trade for $0.1862 as of 2:07 a.m. EST on trading volume that plunged 8% to $821 million.
Moca Coin Price Could Still Soar
The MOCA/USD 4-hour chart clearly shows a cup and handle pattern that formed over several weeks, which is typically a bullish continuation pattern. After forming the rounded bottom (cup) and a consolidation handle near the $0.0698–$0.10 zone, the Moca Coin price broke out.
The breakout resulted in a parabolic price surge to a high of $0.22, reflecting strong bullish momentum. However, following the sharp spike, the price of Moca Coin retraced slightly and is now trading at $0.1862, indicating some profit-taking, according to data from GeckoTerminal.
The parabolic curve allowed the MOCA price to surge to over both the 50 and 200 Simple Moving Averages (SMAs), which puts the asset within bullish prospects.
Meanwhile, the Relative Strength Index (RSI) is currently at 74.02, which is in the overbought zone (above 70). This suggests the asset is overextended, and a short-term correction or pullback could occur.
The Moving Average Convergence Divergence (MACD) line (blue) is sharply rising above the signal line (orange), indicating strong bullish momentum. The histogram bars are green and expanding as well, confirming upward strength.
Moca Coin Price Prediction
Despite the Moca Coin price being on a slight correction, it is still on a bullish rally. If the price holds above $0.18 and maintains strong volume, there could be a continuation of the positive trend toward the next psychological resistance at $0.24–$0.25.
With the RSI in the overbought zone, a short-term pullback is likely. The $0.15–$0.16 range could act as a support zone where buyers may step in. If the price fails to hold above this level, it may retest the $0.10–$0.11 breakout region.
As the MOCA price bulls search for more buying signals, some investors are turning to presales like the newly launched Flockerz (FLOCK) to capture the more explosive upside potential that’s frequently found in meme coins.
According to 99Bitcoins, a popular crypto channel on YouTube with over 710K subscribers, FLOCK has the potential to soar 100X after its launch.
Flockerz Raises Over $6.9 Million In Explosive Presale
Flockerz is building a vote-to-earn (V2) model where the community is at the heart of decision-making and investors are backing it to the tune of $6.9 million so far.
The project aims to redefine decentralization through its community-driven governance system, Flocktopia. Unlike other projects, where a select few make decisions, FLOCKERZ opens its governance to all token holders and actually pays them for every vote they make with additional FLOCK tokens.
The flock is flying high! We’ve officially crossed $300K! pic.twitter.com/MsLc5PeoyX
— Flockerz (@FlockerzToken) September 28, 2024
In Flocktopia, decisions about the project’s future are made collectively by “The Flock,” the community of FLOCK holders. Every member has a say, making the platform a truly decentralized and inclusive environment.
Apart from V2E rewards, users can also earn passively through the platform’s staking mechanism, with a sky-high annual yield of 403%.
To join the presale, you can buy FLOCK on the official website for $0.0064523 per token using BNB, ETH, or USDT. You can also make a purchase using your bank card. Buy before a price hike in about 2 days to secure the best deal.
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