{"id":581235,"date":"2024-09-29T11:04:26","date_gmt":"2024-09-29T11:04:26","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=581235"},"modified":"2024-09-29T11:04:26","modified_gmt":"2024-09-29T11:04:26","slug":"moo-deng-price-prediction-moodeng-tops-weekly-meme-coin-gainers-with-335-pump-as-pepe-unchained-blasts-past-16m-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/moo-deng-price-prediction-moodeng-tops-weekly-meme-coin-gainers-with-335-pump-as-pepe-unchained-blasts-past-16m-in-presale","title":{"rendered":"Moo Deng Price Prediction: MOODENG Tops Weekly Meme Coin Gainers With 335% Pump As Pepe Unchained Blasts Past $16M In Presale"},"content":{"rendered":"

The Moo Deng price soared 335%% in the past week even after it plunged <\/span>9% in the last 24 hours <\/span>to trade at $0.2512<\/span><\/a> as of 11:15 p.m. EST on trading volume that plunged 14% to $145 million.<\/span><\/p>\n

The weekly surge made MOODENG, based on a Thai pygmy hippo that went viral online, the top gainer among the biggest meme coins by market capitalization ahead of KARRAT with a 120% leap, according to <\/span>CoinMarketCap.<\/span><\/a><\/p>\n

\"\"<\/p>\n

Moo Deng Price Prediction: MOODENG Aims For A Bullish Trend Reversal<\/b><\/h2>\n

The Moo Deng price soared through a markup phase to its all-time high (ATH) at $0.3387 on September 28 before consolidating between the $0.30 resistance and $0.22 support zone, trading within the sideways pattern.<\/span><\/p>\n

The bulls are now aiming for a breakout above the pattern, as the price of Moo Deng now trades above the 200-day Simple Moving Average (SMA). However, the 50-day SMA acts as the immediate resistance level at $0.28.<\/span><\/p>\n

The Relative Strength Index (RSI) is currently at 40, which is close to oversold territory (typically below 30). This suggests that the market is cooling off from the previous rally, and the price may be in a correction phase. However, since the RSI is not yet in extreme oversold territory, it’s possible that further downward movement might happen before a reversal.<\/span><\/p>\n

If the bears continue pushing the price of Moo Deng down, MOODENG could plunge even further, as the $0.18 (200-day) SMA acts as the major support zone.<\/span><\/p>\n

\"Moo<\/p>\n

MOODENGUSDT Chart Analysis (Source: Tradingview)<\/span><\/p>\n

Conversely, if the price holds above the support zone and the RSI begins to climb, we could see a bounce back toward the resistance at 0.28861. A breakout above this resistance could lead to a rally towards the projected 38% move to $0.350.<\/span><\/p>\n

As the Moo Deng price aims for a bullish trend reversal, the new <\/span>Pepe Unchained (PEPU)<\/span><\/a> presale remains maximum bullish. YouTube channel 99Bitcoins, with over 706K subscribers, says it has the potential to soar 10X after launch.<\/span><\/p>\n