{"id":606152,"date":"2024-12-02T10:15:59","date_gmt":"2024-12-02T10:15:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=606152"},"modified":"2024-12-02T10:15:59","modified_gmt":"2024-12-02T10:15:59","slug":"mog-coin-price-prediction-mog-plunges-7-as-experts-say-consider-this-new-cat-themed-meme-coin-for-100x-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/mog-coin-price-prediction-mog-plunges-7-as-experts-say-consider-this-new-cat-themed-meme-coin-for-100x-gains","title":{"rendered":"Mog Coin Price Prediction: MOG Plunges 7% As Experts Say Consider This New Cat-Themed Meme Coin For 100X Gains"},"content":{"rendered":"

The Mog Coin price plunged 7% in the last 24 hours to trade at $0.000002260 as of 02:21 a.m. EST on trading volume that jumped 44% to $52.8 million, according to CoinGecko.<\/span><\/p>\n

Mog Coin Price On A Bearish Trend<\/b><\/h2>\n

The <\/span>Mog Coin price<\/span><\/a> trend appears to be shifting toward bearish momentum. This is evident from the downward-sloping trendline connecting recent lower highs and the price breaking below key horizontal support levels, forming a descending triangle pattern.<\/span><\/p>\n

As a result of the downtrend from mid-November, the price of Mog Coin now trades below the 50-day Simple Moving Average (SMA), but maintains its position slightly above the 200-day SMA at $0.000002250.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is also on a downtrend, currently at 34, indicating the asset is approaching the oversold zone at 30.<\/span><\/p>\n

If the current trend continues, the price of Mog Coin could plunge even further, with the next possible support level at $0.0000016493, the previous support in November.<\/span><\/p>\n

\"Mog<\/span><\/p>\n

MOG\/USDT Chart Analysis (Source: Tradingview)<\/span><\/i><\/p>\n

Conversely, while the RSI indicates bearish momentum, the oversold proximity suggests that a potential relief rally or consolidation may occur soon. This can originate from the asset now being undervalued.<\/span><\/p>\n

If the bulls take charge of the price at this level, MOG could go through a bullish trend reversal, with the next potential resistance at $0.0000030.<\/span><\/p>\n

Meanwhile, investors are rallying behind a new meme coin called Catslap ($SLAP), a Mog Coin alternative that exploded on launch recently.<\/span><\/p>\n

Analysts from the renowned YouTube channel 99Bitcoins, with over 710K subscribers, says $MOG has 100X potential.<\/span><\/p>\n