Be part of Our Telegram channel to remain updated on breaking information protection
The Moo Deng worth pumped over 9% within the final 24 hours to commerce at $0.00007143 as of seven:00 a.m. EST as traders go lengthy on the meme coin.
Regardless of the 24-hour acquire posted by the MOODENG worth, the crypto remains to be greater than 5% within the purple on the weekly time-frame.
Moo Deng Value Making an attempt To Break Resistance
4-hour chart for MOODENG/USD (Supply: GeckoTerminal)
The Moo Deng worth is trying to beat the resistance degree at $0.00007466, GeckoTerminal information exhibits. Ought to the meme coin break above this technical barrier within the subsequent 12 hours, it might have the muse wanted to rise to the following resistance at $0.00008195.
In a extra bearish situation, the Moo Deng worth would possibly take a look at the quick help degree at $0.00006633. Continued stress from sellers ought to the crypto fall thus far might then end in a plunge to as little as $0.00006113 within the brief time period.
Technicals Warn The Moo Deng Value May Drop
From a technical perspective, indicators on MOODENG’s 4-hour chart warn the meme coin’s worth would possibly drop within the coming hours. Extra particularly, the Transferring Common Convergence Divergence (MACD) and the Relative Power Index (RSI) are flashing bearish.
In the previous couple of hours, RSI readings have plummeted from 69 all the way down to 54, signaling a steep drop in purchaser energy. Whereas the present RSI studying above the impartial 50 benchmark suggests bulls are nonetheless in management, the damaging slope of the RSI line warns {that a} bearish shift in energy would possibly quickly happen. A affirmation will seemingly be if the RSI dips under 50.
In the meantime, MOODENG’s bullish momentum appears to be cooling down as nicely. That is steered by the MACD line on the 4-hour chart, which is dropping in the direction of the MACD Sign line.
If the technical warnings introduced by the MACD and RSI indicators on the 4-hour chart affect merchants’ resolution making, the Moo Deng worth would possibly quickly take a look at the aforementioned $0.00006633 help.
Whereas MOODGENG stands the chance of retracing, merchants are flocking to new meme coin rival BTC Bull Token (BTCBULL), not least as a result of it’s gifting away Bitcoin.
In accordance with YouTube channel Yellow Trades, which has greater than 62.8K subscribers, the brand new meme coin has the potential to show $100 into $10,000.
The Unstoppable Drive Making an attempt To Push BTC Previous $1m
BTC Bull Token is the primary Bitcoin-focused meme coin that goals to assist the main crypto soar to the $1 million mark and past.
As BTC embarks on its journey to new heights, the venture celebrates every new worth milestone and rewards loyal BTCBULL holders alongside the best way with Bitcoin airdrops and BTCBULL token burns.
The subsequent worth milestones that can set off BTCBULL token burns are $125K, $175K and $225K. With every discount within the token’s provide, the meme coin’s worth is prone to rise as shortage meets rising demand.
In the meantime, BTCBULL holders will obtain airdropped Bitcoin when the biggest crypto by market cap reaches $150K, $200K and $250K for the primary time. With the potential formation of a US strategic Bitcoin reserve and growing institutional demand for Bitcoin, BTC Bull Token is likely to be the very best Bitcoin play for traders seeking to accumulate the crypto with minimal effort.
Buyers Guess Massive On BTCBULL’s Future
BTC Bull Token’s presale is pulling traders in at a fast tempo as traders rush to purchase into the meme coin at this floor stage.
In only one week, the venture has managed to boost over $2 million, with the entire increase already standing at greater than $2.18 million.
Buyers even have the chance to earn from the get-go by means of the staking alternative on provide to patrons throughout this ICO stage. Anybody who buys and stakes BTCBULL tokens now will unlock entry to a 194% annual return.
To take part within the presale and get in on the potential Bitcoin airdrops, traders can purchase BTCBULL by means of the straightforward purchase widget embedded on the venture’s web site. Promoting for $0.00237, the meme coin could be purchased with both crypto or financial institution card.
traders who need to lock in the very best price will need to act quick as a result of the token’s worth is ready improve in lower than 2 days.
Go to BTCBULL right here.
Associated Articles:
Greatest Pockets – Diversify Your Crypto Portfolio
- Straightforward to Use, Function-Pushed Crypto Pockets
- Get Early Entry to Upcoming Token ICOs
- Multi-Chain, Multi-Pockets, Non-Custodial
- Now On App Retailer, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Month-to-month Lively Customers
Be part of Our Telegram channel to remain updated on breaking information protection