- The Mog Coin surges over 13%, reaching $0.000001703, amid a market rebound.
- MOG market cap rises 13.57% to $613.68M regardless of a dip in buying and selling quantity.
- Technical indicators recommend additional good points, focusing on the $0.000000186 resistance stage.
Mog, the cat-themed token, has emerged because the day’s prime gainer, experiencing a exceptional surge of over 13% inside the final 24 hours. This leap comes after the crypto market’s latest rebound to $2.15 trillion, recovering from a low of $2.03 trillion earlier this week.
Supply: CoinMarketCap
Presently, the MOG token stands at $0.000001703. Apparently, its market cap has grown by 13.57% to $613,676,244, incomes it the 98th place within the crypto rankings.
Nevertheless, whereas the worth has soared, the 24-hour buying and selling quantity tells a unique story. It has decreased by 6.46% to $32,741,555, suggesting that merchants is perhaps cashing in on their good points after the latest worth hike.
MOG Coin Hits its All-time Excessive
Since its launch in October 2023, Mog coin has skilled a difficult journey, marked by a protracted bearish development that hindered its progress in the beginning of this yr. The token struggled with low momentum for months, enduring a stagnant worth interval that lasted over three months.
Nevertheless, a breakthrough in Could marked a big turning level, sparking a wave of development that propelled MOG to its first all-time excessive of $0.0000001805. This preliminary surge set the stage for extra spectacular good points.
By July 1, MOG coin had reached one other all-time excessive of $0.00000021. This sustained optimistic momentum means that Mog Coin is poised to unlock additional potential good points because the yr progresses.
MOG Key Ranges to Watch
Following three consecutive days of uptrend, market specialists predict that Mog coin could proceed its upward momentum within the coming weeks, probably resulting in even larger worth peaks.
In response to TradingView information, the MOG token is at the moment focusing on the $0.000000186 resistance stage. Breaking by this stage might propel the value in the direction of its all-time excessive of roughly $0.00000002111.
Nevertheless, if the $0.000000186 resistance proves too robust, MOG is predicted to retest the $0.00000015 help stage. A breach at this stage might push MOG costs additional all the way down to round $0.00000014 and $0.0000013.
Key Indicators Sign an Uptrend Potential
From a technical standpoint, the 100-day shifting common, representing the typical worth over the past 100 candles, has been a dependable indicator for taking positions on MOG. Every contact has resulted in vital bounces, making it essential for figuring out transitions between bullish and bearish traits.
Supply: TradingView
For merchants contemplating lengthy positions on MOG, a retest of the 100MA might current an optimum entry level. In the meantime, the Relative Energy Index not too long ago retested the impartial zone, rebounding to point a shopping for spree.
Positioned at 59.87, the RSI suggests there may be nonetheless room for additional worth will increase earlier than reaching overbought territory. This alerts a possible continuation of MOG’s bullish development, probably driving its worth towards the $0.000000186 resistance stage.
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