{"id":620324,"date":"2025-01-22T03:30:24","date_gmt":"2025-01-22T03:30:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=620324"},"modified":"2025-01-22T03:30:24","modified_gmt":"2025-01-22T03:30:24","slug":"fwog-price-prediction-fwog-soars-39-but-investors-flock-to-this-frog-themed-meme-coin-rival-presale-with-time-running-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/fwog-price-prediction-fwog-soars-39-but-investors-flock-to-this-frog-themed-meme-coin-rival-presale-with-time-running-out","title":{"rendered":"Fwog Price Prediction: FWOG Soars 39%, But Investors Flock To This Frog-Themed Meme Coin Rival Presale With Time Running Out"},"content":{"rendered":"

The Fwog price soared over 39% in the last 24 hours to trade at $0.2071 as of 9:58 p.m. EST as investors rush to buy the meme coin.<\/span><\/p>\n

This recent surge in the FWOG price was enough to push the crypto’s weekly performance out of the red. As a result, the altcoin is more than 30% in the green on the longer-term time frame.<\/span><\/p>\n

Fwog Price Attempting To Clear The $0.2059 Resistance<\/span><\/h2>\n

\"FWOG<\/p>\n

4-hour chart for FWOG\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The Fwog price <\/span>broke out<\/span><\/a> of a short-term descending channel in the last couple of days and has been in a positive sequence ever since. Now, the <\/span>meme coin<\/span><\/a> is attempting to flip the resistance level at $0.2059 into support. It was able to break above this mark in the last couple of hours, but sellers forced the crypto’s price to back below this price point.<\/span><\/p>\n

Should the Fwog price close a 4-hour candle above $0.2059 within the next 12 hours, it could have the technical foundation needed to keep climbing in the following 24 hours. Traders might subsequently push the meme coin’s price up to $0.2412 as a result.<\/span><\/p>\n

However, a rejection from the $0.2059 resistance level or a continued drop in the Fwog price could lead to a test of the immediate support level at $0.1724. If the potential sell pressure persists, <\/span>FWOG<\/span><\/a> might then drop below this support and target the next technical safety net at $0.1406.<\/span><\/p>\n

Technicals Suggest Buyers Are Losing Their Grip On The Fwog Price<\/span><\/h2>\n

Technical indicators warn there has been a drop in buyer strength in the last couple of hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) suggest the bullish momentum that resulted in the aforementioned positive sequence is starting to cool off.<\/span><\/p>\n

RSI readings recently pulled back to around the neutral 50 mark. However, the RSI line’s slope has shifted back to positive in the last couple of hours. Despite the RSI trying to climb again, the current reading around 50 suggests the Fwog price could go either way in the next 24 hours.<\/span><\/p>\n

Meanwhile, the MACD line has started to level off above the MACD Signal line. Traders might see this as an early indication that FWOG’s positive trend has reached its peak. If sellers decide to step in soon, it could lead to a bearish shift in the meme coin’s momentum.<\/span><\/p>\n

As traders try to determine in which direction the Fwog price will move next, investors are piling into frog-themed meme coin rival <\/span>Wall Street Pepe (WEPE)<\/span><\/a>, which has raised more than $54.7 million in presale. Crypto YouTuber ClayBro told his more than 135K subscribers in a video that the new meme coin could lead the next bull market.<\/span><\/p>\n