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Cryptocurrency News Articles
Mog Coin (MOG) Price Surges 12% in 24 Hours, Pepe Unchained (PEPU) Presale Blasts Past $24.7 Million
Nov 05, 2024 at 11:50 pm
The Mog Coin price has surged 12% in the last 24 hours to trade at $0.000001938 as of 7 a.m. EST as trading volume soared 73% to $51 million.
Mog Coin (MOG) price Surged 12% on Monday morning to continue a recent rally that saw the meme coin soar over 100% in the past week.
The recent price surge made Mog Coin the biggest gainer among the top 100 meme coins by market capitalization, according to CoinMarketCap.
Mog Coin Price Analysis
The MOG/USD pair showed a potentially bullish setup driven by a “cup and handle” pattern, a classic signal for an upward continuation. This formation typically indicates growing bullish momentum.
Chart analysis by Dextools.io showed this formation, with the handle forming over the past two days of consolidation and a price "floor" emerging at the 0.00000129 level. This support level may cushion the price in a pullback.
MODUSD Analysis. Source: Dextools.io
Moreover, the Moving Average Convergence Divergence (MACD) showed a positive crossover, with the MACD line above the signal line reflecting a rise in momentum.
The RSI (Relative Strength Index) was at 53.65, indicating neutral but slightly bullish momentum. This reading suggests that the bulls could continue to drive the Mog Coin price higher as the RSI reaches overbought conditions (above 70), supporting potential gains.
Currently, the price was around $0.000001066, with recent highs near 0.000001919. If the bullish trend continues, the price may advance toward the "Reward Zone," possibly aiming for a breakout above prior highs.
Key support lies around 0.00000129, which could act as a fallback level if any retracement occurs. This setup points to a promising bullish scenario, although confirmation of a breakout from the handle’s resistance would further validate the upward potential.
Pepe Unchained Presale Blasts Past $24.7 Million
As the Mog Coin price Surges, investors are also showing interest in a PEPE derivative meme coin called Pepe Unchained (PEPU).
The token has managed to raise over $24.7 million in what is turning out to be one of the biggest presales ever. YouTube channel 99Bitcoins, which has over 706K subscribers, claims that PEPU could turn $1k into $10k after launch.
Pepe Unchained is an advanced version of the PEPE meme coin that comes with its own Layer 2 blockchain. PEPU aims to free PEPE from the clunky Ethereum block chain and propel it into the modern era.
And Pepe Chain does just that, boasting lightning transaction speeds, drastically reduced costs, and vastly improved scalability. It’s so superior that some analysts say it might even dethrone PEPE as the king of frog-themed meme coins.
There’s already news that Tier 1 exchanges have approached PEPU, showing interest in the project.
When the staking rewards are so high that they are raining 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 massive 96% annual return.
Investors can buy $PEPU tokens for just $0.01219. With a price increase coming in less than 14 hours, buy now to secure the best deal.
Buy $PEPU using ETH, USDT, or a bank card on the official website here.
Mog Coin (MOG) price Surged 12% on Monday morning to continue a recent rally that saw the meme coin soar over 100% in the past week.
The recent price surge made Mog Coin the biggest gainer among the top 100 meme coins by market capitalization, according to CoinMarketCap.
Mog Coin Price Analysis
The MOG/USD pair showed a potentially bullish setup driven by a “cup and handle” pattern, a classic signal for an upward continuation. This formation typically indicates growing bullish momentum.
Chart analysis by Dextools.io showed this formation, with the handle forming over the past two days of consolidation and a price "floor" emerging at the 0.00000129 level. This support level may cushion the price in a pullback.
MODUSD Analysis. Source: Dextools.io
Moreover, the Moving Average Convergence Divergence (MACD) showed a positive crossover, with the MACD line above the signal line reflecting a rise in momentum.
The RSI (Relative Strength Index) was at 53.65, indicating neutral but slightly bullish momentum. This reading suggests that the bulls could continue to drive the Mog Coin price higher as the RSI reaches overbought conditions (above 70),
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