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The Mog Coin price has climbed 8% in the last 24 hours to trade at $0.000002397 as of 3:20 a.m. EST on a 247% pump in trading volume to $167 million.
Mog Coin Price Moves Sideways: Is An Uptrend Looming?
The MOG/USD pair in the 1-day timeframe highlights a strong support zone near $0.00000155, which has consistently acted as a base, preventing further price declines. Above this level, the 50-day moving average (SMA) and the 200-day MA play crucial roles.
The price action also shows a notable bullish signal, where the 50-day SMA crossed above the 200-day MA, confirming a trend reversal in favor of buyers. The 200-day MA is trending upwards, signaling long-term bullish strength.
MOGUSD Analysis Source: Dextools.io
A cup and handle pattern is visible, which is a classic bullish continuation structure. After breaking out from the handle, the price entered a consolidation zone between $0.00000218 and $0.00000250, reflecting market indecision.
This zone is now critical, as a breakout above this range could pave the way for a move into the “reward zone,” which sits above $0.00000300, indicating a significant profit target for bullish traders.
Mog Coin Price Indicators Signal More Bullish Momentum Ahead
The indicators provide mixed but generally positive signals. The MACD shows weak bullish momentum, with the MACD line slightly above the signal line and diminishing bearish histogram bars. This suggests that selling pressure is subsiding, creating an opportunity for buyers to push Mog Coin price higher.
Meanwhile, the RSI stands at 51.27, indicating neutral momentum. This neutral RSI reading suggests there is an opportunity for the price to move higher without entering overbought territory.
Currently, the price is trading at $0.00000240, slightly above the 200-day MA, which adds to the bullish sentiment. If the price can break above the 0.00000250 resistance with strong volume, it is likely to test the reward zone at 0.00000300.
A sustained move above this level could lead to further gains, potentially targeting 0.00000350 or higher.
However, failure to break the consolidation range could result in a pullback towards the lower boundary of 0.00000218 or even the strong support zone at 0.00000155.
Catslap (SLAP) Meme Coin Surges Over 51%, Hits New ATH
Meanwhile, the viral new meme coin Catslap (SLAP) has exploded by more than 51% in the last 24 hours, becoming the top trending meme coin on Dextools.
The massive rally came after a whale investor bought almost $500k worth of SLAP tokens, with the most recent purchases on December 2 involving 52 ETH and 49.92 ETH.
Heightening the excitement, the coin’s developer hinted at a “major announcement” expected within 24 hours, sparking anticipation among crypto investors that it might be listed on Coinbase or Binance.
Crypto expert and YouTuber Jacob Crypto Bury, who has over 45.4K subscribers, says SLAP might be the next 100X meme coin.
After Pepe (PEPE) and Dogwifhat (WIF) listed on Coinbase recently, their prices soared 148% and 55%, respectively, in the month following the announcements.
SLAP’s popularity stems from its viral slapping game, which has captivated a global audience with over 133 million slaps recorded so far.
Building on this momentum, the project recently introduced slap-to-earn functionality, allowing players to earn rewards for their in-game slaps. This new feature positions Catslap as a strong rival to cat-themed crypto titan Popcat.
Catslap Closes On $70M Market Cap
With over 10,650 holders and millions in daily trading volume, Catslap has achieved a fully diluted market cap of more than $67 million.
Catslap’s partnership with Best Wallet, one of the fastest-growing and most innovative crypto wallets, also gives it exposure to over 70,000 users.
New ATH Slappers. Get Slapping. Rewards are coming. https://t.co/TnOnOuIV8e pic.twitter.com/wgQC3JNyC3
— Catslap (@CatSlapToken) December 3, 2024
Additionally, investors have the opportunity to earn passive income through Catslap’s staking program, which offers an attractive 40% annual percentage yield (APY).
The current price of SLAP stands at $0.00781527, and it can be purchased directly on the project’s website using ETH, USDT, or a bank card.
Buy SLAP Token on the official website here.
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