{"id":584853,"date":"2024-10-08T08:31:46","date_gmt":"2024-10-08T08:31:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=584853"},"modified":"2024-10-08T08:31:46","modified_gmt":"2024-10-08T08:31:46","slug":"is-it-too-late-to-buy-moodeng-moo-deng-price-surges-115-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-moodeng-moo-deng-price-surges-115-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy MOODENG? Moo Deng Price Surges 115% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Moo Deng price soared 115% in the last 24 hours <\/span>to trade at $0.0002092<\/span><\/a> as of 01:46 a.m. EST on trading volume that skyrocketed 159% to $44 million.<\/span><\/p>\n

Moo Deng Price Aims For A Sustained Bullish Rally<\/h2>\n

According to data from <\/span>GeckoTerminal<\/span><\/a>, the Moo Deng price has been in a consolidation phase since its launch in mid-September, trading within the $0.000040 range. The chart shows a clear parabolic rise, signaling a strong bullish trend.<\/span><\/p>\n

MOODENG price now trades above the 50-day Simple Moving Average (SMA), coinciding with the recent uptrend.<\/span><\/p>\n

The Relative Strength Index (RSI) value is currently 81.63, which places it in the overbought zone (above 70). This high RSI indicates that the asset is overbought and may be due for a short-term correction or consolidation, though assets can remain overbought in strong trends.<\/span><\/p>\n

Moreover, the Moving Average Convergence Divergence (MACD) is also soaring above the neutral line, signaling strong bullish movements. The green bars on the histogram also extend gracefully above the zero line, which is a signal that the price of Moo Deng is on a positive momentum.<\/span><\/p>\n

\"Moo
MOODENGUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

Moo Deng Price Prediction<\/h2>\n

The Moo Deng price analysis on the 4-hour chart shows a continued rally, which the bulls aim to sustain. If this momentum continues, the bulls aim to drive the price up, as they target $0.000350.<\/span><\/p>\n

However, the RSI now shows that the asset is overvalued, which may be a selling signal. If the bears take charge, the price may plunge back to $0.0000383 (50-day SMA). <\/span><\/p>\n

As the Moo Deng price bulls search for more favorable buying signals, investors seeking new opportunities might want to consider a new meme coin ICO called <\/span>Flockerz (FLOCK),<\/span><\/a> which has raised more than $517k in its presale.<\/p>\n

According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after its launch.<\/span><\/p>\n