MOG Coin Price Slumps, Facing Resistance
The Mog Coin price has dropped 16% in the past 24 hours, trading at $0.000001363 with a 4% decline in trading volume. This plunge makes MOG the biggest loser among the top 100 tokens by market capitalization, according to CoinMarketCap.
MOG Coin Price Faces Resistance Despite Rally
The MOG Coin price has indicated a rebound from the resistance level at $0.000002063, forming a double top pattern. However, bulls have established a support zone at $0.0000008109, allowing them to regroup and rally.
MOG Technical Analysis
The MOG price trades above the 50 and 200 simple moving averages (SMAs), indicating bullish momentum. The moving average crossover at $0.0000006186 suggests potential for upward movement.
The Relative Strength Index (RSI) shows a bearish trend but could rebound if the 50 midline holds. The MACD indicates a downtrend from below the neutral level but signals buying pressure for MOG.
MOG Coin Price Outlook
Bulls may attempt to push the price up to the 50 SMA. If successful, they could target a new peak above the resistance level. Alternatively, bears may push the price below the 50 SMA to the neckline support at $0.0000008109.
Pepe Unchained Presale Surpasses $2.1 Million
As traders assess the MOG Coin price, the meme coin Pepe Unchained ($PEPU) has raised over $2.1 million in its presale. The project features a Layer 2 network with high speed, scalability, and low fees.
Pepe Unchained's presale offers staking opportunities with a 2,017% Annual Percentage Yield.