{"id":600839,"date":"2024-11-20T10:55:01","date_gmt":"2024-11-20T10:55:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=600839"},"modified":"2024-11-20T10:55:01","modified_gmt":"2024-11-20T10:55:01","slug":"is-it-too-late-to-buy-moodeng-moo-deng-price-soars-109-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-soars-109-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy MOODENG? MOO DENG Price Soars 109% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The MOO DENG price has soared 109% in the last 24 hours <\/span>to trade at $0.0003603<\/span><\/a> as of 02:23 a.m. EST on a 136% surge in trading volume to $63.8 million.<\/span><\/p>\n

MOO DENG Price On A Bullish Trend Reversal<\/h2>\n

According to the MOODENG\/USD chart analysis, the MOO DENG price soared to the $0.00028 resistance after its launch, according to data from <\/span>GeckoTerminal<\/span><\/a>. The bulls could not sustain the resistance zone, which resulted in the price of MOO DENG plunging back to $0.00010.<\/span><\/p>\n

MOODENG then gained some momentum, which drove the asset through a price recovery, forming a bullish rounded bottom pattern.<\/span><\/p>\n

The price of MOO DENG now trades above the 50-day Simple Moving Average (SMA), which acts as a formidable support level.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) is at 83.19, which is above the overbought threshold of 70. Overbought conditions indicate the price has risen rapidly and may face some resistance or consolidation soon.<\/span><\/p>\n

The MACD line (blue) is above the Signal line (orange) and zero, showing strong bullish momentum. The histogram bars are expanding upwards, reinforcing the strength of the current uptrend.<\/span><\/p>\n

If the uptrend continues, the bulls could push the MOO DENG price higher up, as they target $0.00050.<\/span><\/p>\n

\"MOO
MOODENGUSD Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

However, with the RSI now overvalued, the bears may push the MOO DENG price through a correction to the $0.00020 support zone.<\/span><\/p>\n

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— Best Wallet (@BestWalletHQ) November 11, 2024<\/a><\/p><\/blockquote>\n