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The MOO DENG worth has soared 109% within the final 24 hours to commerce at $0.0003603 as of 02:23 a.m. EST on a 136% surge in buying and selling quantity to $63.8 million.
MOO DENG Worth On A Bullish Development Reversal
Based on the MOODENG/USD chart evaluation, the MOO DENG worth soared to the $0.00028 resistance after its launch, in line with knowledge from GeckoTerminal. The bulls couldn’t maintain the resistance zone, which resulted within the worth of MOO DENG plunging again to $0.00010.
MOODENG then gained some momentum, which drove the asset by a worth restoration, forming a bullish rounded backside sample.
The value of MOO DENG now trades above the 50-day Easy Transferring Common (SMA), which acts as a formidable help degree.
Furthermore, the Relative Power Index (RSI) is at 83.19, which is above the overbought threshold of 70. Overbought circumstances point out the value has risen quickly and should face some resistance or consolidation quickly.
The MACD line (blue) is above the Sign line (orange) and nil, displaying robust bullish momentum. The histogram bars are increasing upwards, reinforcing the energy of the present uptrend.
If the uptrend continues, the bulls might push the MOO DENG worth larger up, as they aim $0.00050.
Nevertheless, with the RSI now overvalued, the bears might push the MOO DENG worth by a correction to the $0.00020 help zone.
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Finest Pockets Presale Amasses Over $559K In A Week
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