{"id":598916,"date":"2024-11-15T13:03:02","date_gmt":"2024-11-15T13:03:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=598916"},"modified":"2024-11-15T13:06:11","modified_gmt":"2024-11-15T13:06:11","slug":"is-it-too-late-to-buy-moodeng-moo-deng-price-surges-30-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-30-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy MOODENG? Moo Deng Price Surges 30% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Moo Deng price has surged 30%  in the last 24 hours to trade at $0.6226<\/a> as of 6:50 a.m. EST on a 7% jump in trading volume to $368 million.<\/p>\n

Moo Deng Price Sustains Momentum But May Encounter Resistance<\/h2>\n

The MOODENG\/USD trading pair on a 1-hour timeframe shows strong bullish momentum, with the price following a parabolic curve upward. Two key levels have supported this surge: a major support of around $0.348 and a secondary support zone between approximately $0.40 and $0.42. These support levels provide a base for the price to consolidate before taking off on its recent upward trajectory.<\/p>\n

The 50-period Simple Moving Average (SMA), currently around $0.4197, is trending upward and sits well below the current price. This SMA acts as a dynamic support, and as long as the price remains above it, the bullish sentiment is likely to continue. The 200-period SMA lies below both the 50 SMA and the price level, further confirming the uptrend, as shorter-term momentum exceeds the longer-term trend.<\/p>\n

\"Moo<\/p>\n

MOODENGUSD Analysis Source: Dextools.io<\/p>\n

Moo Deng Price Technicals Signal A Short Term Correction<\/h2>\n

The Moving Average Convergence Divergence (MACD) indicator is also bullish, with the MACD line at 0.01749554 above the signal line at 0.02368202. This crossover, along with positive histogram values, confirms the buying momentum. However, with the MACD beginning to level off, there could be signs of a potential slowdown or consolidation if the trend shifts downward.<\/p>\n

The Relative Strength Index (RSI) is currently at 71.72, slightly under the overbought range. This indicates that while the Moo Deng price uptrend is strong, the asset might be due for a pullback or consolidation, as some traders may look to take profits.<\/p>\n

The current price is around $0.6045, surging to this level and forming a potential resistance around $0.65 to $0.70. While the bullish trend remains intact, the high RSI and parabolic price curve suggest that caution is warranted, as a short-term correction may be on the horizon.<\/p>\n

Crypto All-Stars (STARS) Presale Breaks $3.8 Million<\/span><\/h2>\n

While the bullish trend for the Moo Deng price remains intact, investors who missed out on the recent momentum are rushing to buy Crypto All-Stars (STARS),<\/a> a new token that has just surged past $3.8 million in presale funding.<\/p>\n

The buzz around the new project, Crypto All-Stars, is spreading fast among investors eager to ride the wave of the meme coin frenzy. Imagine a platform that brings together all your favorite meme coins in one place, a hub where these popular tokens unite to create rewards. This is exactly what Crypto All-Stars is setting out to achieve.<\/p>\n

At the heart of the platform is the revolutionary MemeVault protocol, which, for the first time ever, allows investors to stake 11 of the biggest meme coins in one spot, making it easier than ever to earn rewards.<\/p>\n

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The Game-Changer: Meme Vault<\/p>\n

The Meme Vault is a staking protocol where you can earn $STARS<\/a> tokens by staking popular meme coins. 🪙<\/p>\n

Never before has there been a way to earn rewards like this in the meme coin world!<\/p>\n

— web3telepath (@web3telepath) August 15, 2024<\/a><\/p><\/blockquote>\n