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The Mog Coin price surged over 15% in the last 24 hours to trade at $0.000002099 as of 11:45 p.m. EST.
This jump in the MOG price was enough to erase the crypto’s weekly loss. As a result, the altcoin is up by just more than 1% over the past 7 days.
The Mog Coin Price Tries To Break Above A Bullish Channel
4-hour chart for MOG/USD (Source: GeckoTerminal)
An ascending channel has formed on MOG’s 4-hour chart after the Mog Coin price printed a series of higher highs and higher lows over the past 48 hours. Now, the meme coin is attempting to break out above the price channel, which could lead to MOG flipping the $0.000002122 resistance level into support.
Should the Mog Coin price close a 4-hour candle above $0.000002122 within the next 8 hours, the crypto could have the technical foundation needed to rise to $0.000002357 through the course of the following trading day. However, a rejection from the $0.000002122 mark might invalidate the bullish thesis.
In a more bearish scenario, MOG could stand the risk of losing the support of the $0.000001907 price point. If sellers then continue to exert pressure on the Mog Coin price, the meme coin might end up falling to as low as $0.000001662 in the short term.
Technicals Suggest The Mog Coin Price Might Keep Rising
Technical indicators on MOG’s 4-hour chart suggest the crypto’s price could keep climbing in the next 12 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are showing bullish signs.
RSI readings have been on the rise over the past couple of hours, and have climbed from 53 to 65 to signal bullish strength. What’s more, the RSI line is currently positively sloped, which might indicate that buyers are growing stronger.
Throughout the past 24 hours, the MACD line has also remained above the MACD Signal line. Traders usually identify this specific orientation of the two technical indicators as a sign that a crypto is in a positive short-term trend. Although the gap between the MACD and MACD Signal line narrowed recently, the latest surge in MOG’s price increased the margin again.
While MOG’s short-term technicals show promising signs, WienerAI (WAI) is going parabolic in presale as investors rush to buy with only one day left and almost $9 million raised.
Sniffing Out Opportunities For Traders
WienerAI (WAI) is not like the dog-themed meme coins that came before it, because it includes powerful predictive capabilities. With sophisticated AI technology, the project is able to uncover hidden insights buried deep within large amounts of data.
Traders can utilize WienerAI to identify profit making opportunities for them, freeing up time for traders to decide on the timing of their trades as well as the capital allocation for each position.
There is also a seamless token swap solution and constant MEV bot protection offered within the WienerAI ecosystem. This ensures that trades are executed seamlessly without standing the risk of being frontrun by MEV bots.
With the range of tools the project offers traders, combined with its appeal to meme coin investors, it is easy to see why renowned YouTuber ClayBro is bullish on WienerAI. In a recent video to his 120K subscribers, he predicted the meme coin could see its price surge by as much as 20X.
Whale Scoops Up WAI Before Its Presale Ends
A crypto whale recently purchased $370,000 worth of WAI using 114.15 Ethereum (ETH) as the token’s presale approaches its end. With just over 24 hours left, time is running out for investors to buy WAI at ICO prices and also get in on a lucrative staking opportunity with a 127% APY.
WienerAI is making final calibrations!
The presale ends in just 2 days. This is your last chance 🤖🚀 pic.twitter.com/ieHkhv4Bsk
— WienerAI (@WienerDogAI) July 29, 2024
Investors that don’t want to miss out on these rewards can buy the token using the simple widget embedded on the project’s website. Selling for $0.00073, WAI can be bought using either ETH, USDT, BNB or bank card.
Purchase WAI here before its presale ends.
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