Mog Coin Price Prediction: MOG Plunges 9% As Investors Flock To This Meme Coin Rival For Parabolic Gains

The Mog Coin price plummeted over 9% in the last 24 hours to trade at $0.000002074 as of 11:23 p.m. EST as investors dump their holdings in the meme coin on the market.

Despite the recent correction in the last 24 hours, the MOG price is still in the green on the longer-term time frames. In addition to being 5% up over the last week, the altcoin’s monthly performance has soared over 32%.

Mog Coin Price Falls Out Of A Bullish Channel

4-hour chart for MOG/USD (Source: GeckoTerminal)

The Mog Coin price fell out of an ascending price channel in the last 24 hours after it was able to briefly surge above the $0.000002347 resistance level. Now, the altcoin stands the risk of testing the closest support at $0.000001913 in the coming 24 hours. If this technical safety net fails to hold, MOG could drop to the next major mark at $0.000001600.

However, buyers identifying the crypto’s current price levels as a buy opportunity could prevent a drop below the $0.000001913 support and potentially lead to a rebound. In this alternative scenario, the Mog Coin price might attempt another challenge at the aforementioned $0.000002347 barrier. Clearing this obstacle could then lead to it climbing to $0.000002751.

Mog Coin Price Triggers A Short-Term Bearish Technical Flag

From a technical perspective, indicators on MOG’s 4-hour chart warn that the meme coin’s price drop may not be over yet. Relative Strength Index (RSI) readings have undergone a steep drop in the last few hours to indicate diminishing buyer strength. Additionally, the negative slope of the RSI line warns that sellers could soon gain control of the Mog Coin price.

A major bearish technical flag was also triggered by the Moving Average Convergence Divergence (MACD) indicator in the last 24 hours, with the MACD line crossing below the MACD Signal line during this period. This specific technical occurrence is usually seen as a sign that a crypto has entered a negative trend.

If these technical warning signs influence traders’ decisions through the course of today’s trading session, the Mog Coin price could potentially drop below the $0.000001913 support level.

While sellers exert pressure on the Mog Coin price, investors are accumulating meme coin rival Crypto All-Stars (STARS) at a rapid pace, not least for an annual staking return of 498% on STARS tokens.

Offering An Innovative Way For Meme Coin Lovers To Grow Their Bags

Crypto All-Stars (STARS) is a new type of meme coin that comes with high levels of utility. This is due to the fact that the project does not solely revolve around its native token. Instead, Crypto All-Stars offers meme coin lovers a single innovative staking platform that supports 11 big name cryptos.

DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO can already be locked up on the Crypto All-Stars platform for passive rewards. The team has also shared that more staking options will make their way onto the platform in the coming weeks.

Every token that is staked will generate crypto rewards that are paid out in the project’s own STARS token, which experts and analysts say has immense speculative potential.

Popular YouTuber ClayBro, who boasts over 130K subscribers, is one such expert and said in a recent video that STARS could soar 26X after its launch.

Not only can investors earn passive rewards in STARS, they also have the rare opportunity to compound their staking rewards as the Crypto All-Stars token can also be put to work for gains. Anyone who stakes STARS now will unlock access to an astronomical Annual Percentage Yield of 498%.

Investors Stockpile STARS During Its Presale Phase

Crypto All-Stars has managed to raise more than $3.1 million with its ongoing ICO so far, signaling strong investor confidence in the project’s future. Included in this phenomenal raise at this early point are purchases from crypto whales.

With the high staking rewards, the chance at compounded earnings and the bullish predictions by analysts like ClayBro, it’s easy to see why investors are rushing to buy STARS before it launches.

There’s still time left for investors to get in early on the new meme coin. Selling for $0.0015494, STARS can be bought with either ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE or bank card using the simple buy widget embedded on the project’s website.

Buy before a price hike in about 1 day to lock in the best deal.

Visit STARS here.

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