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Mog Coin price jumped 12% in the past 24 hours to trade at $0.000001938 as of 7 a.m. ET, as trading volume soared 73% to reach $51 million.
The MOG price rise made the meme coin the top gainer among the top 100 meme coins by market capitalization, according to CoinMarketCap.
Mog Coin Price Signals More Bullish Activity Ahead
This MOG/USD pair indicates a potentially bullish setup driven by a “cup and handle” pattern, a classic signal for continued upside. This formation generally indicates increasing bullish momentum.
In support of this pattern, the chart displays a bullish crossover from the 50-day moving average (blue line) above the 200-day moving average (green line), often considered a strong buy signal.
This “MA Cross” reinforces the uptrend, with price action pushing towards a marked “reward zone” at higher levels. The support zone, highlighted in yellow, represents a fundamental price level where the market found stability before the current rise, indicating that it could be a cushion in the event of a pullback.
MODUSD analysis. Source: Dextools.io
The MACD (Moving Average Convergence Divergence) shows a positive crossover, with the MACD line above the signal line reflecting an increase in momentum.
Additionally, the RSI (Relative Strength Index) is around 53.65, neutral but slightly bullish. This reading indicates that bulls can catapult Mog Coin price higher when the RSI reaches overbought conditions (above 70), supporting potential gains.
Currently, the price is around $0.000001066, with recent highs near $0.000001919. If the uptrend continues, price could advance towards the reward zone, possibly aiming for a breakout above previous highs.
Key support lies around 0.00000129, which could act as a pullback level in the event of a retracement. This configuration suggests a promising bullish scenario, although confirmation of a break of the handle resistance would further validate the upside potential.
Pepe Unchained presale exceeds $24.7 million
As the price of Mog Coin rises, investors are also rushing to buy a PEPE derivative coin called Pepe Unchained (PEPU).
The token has already raised over $24.7 million in one of the largest presales ever. YouTube channel 99Bitcoins, with over 706,000 subscribers, claims that PEPU could turn $1,000 into $10,000 after launch.
Pepe Unchained is an upgraded version of the PEPE meme coin that comes with its own layer 2 blockchain. PEPU wants to free PEPE from its cumbersome Ethereum blockchain and catapult it into the modern era.
And that’s exactly what Pepe Chain does, with lean transaction speeds, lower costs, and much better scalability. It is so superior that some analysts say it could even dethrone PEPE as the king of frog-themed coins.
There has already been news that PEPU has been approached by several Tier 1 exchanges interested in the project.
When the stake rewards are so high they rain down on you! 🤑
Pepe approves 🐸🧠 pic.twitter.com/NxviGs6plK
– Pepe Unchained (@pepe_unchained) November 4, 2024
Token holders can earn passive income through the platform’s staking system, which offers a whopping 96% annual return.
Investors can purchase $PEPU tokens for as little as $0.01219. With a price increase expected in less than 14 hours, buy quickly to get the best deal.
Buy $PEPU using ETH, USDT or bank card on the official website here.
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