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The Mog Coin worth soared over 21% within the final 24 hours to commerce at $0.000002943 as of 4:32 a.m. EST as merchants go lengthy on the meme coin.
With the current surge, the MOG worth can also be up greater than 26% over the previous 7 days.
Mog Coin Worth Nears Main Resistance
4-hour chart for MOG/USD (Supply: GeckoTerminal)
GeckoTerminal knowledge reveals that the Mog Coin worth has printed a collection of upper highs and better lows on the 4-hour chart over the previous 24 hours, ensuing within the formation of an ascending channel. If this bullish development continues, MOG would possibly quickly flip the resistance degree at $0.000003217 into assist.
However, the Mog Coin worth dropping out of the optimistic channel may carry an finish to the meme coin’s momentum. On this extra bearish case, MOG may check the closest assist degree at $0.000002543. A break under this technical security internet would possibly then result in the meme coin’s worth plunging to as little as $0.000002028.
Technical Indicators Recommend Bulls Are Nonetheless In Management Of The Mog Coin Worth
From a technical perspective, indicators on MOG’s 4-hour chart counsel the meme coin’s worth would possibly proceed to rise heading into the weekend. Each the Relative Power Index (RSI) and the Transferring Common Convergence Divergence (MACD) are exhibiting bullish indicators.
RSI readings have surged from under 30 to only above 70, indicating the presence of quite a lot of bullish energy. With the present optimistic slope of the indicator, it appears patrons present no indicators of easing their strain on the Mog Coin worth any time quickly as nicely.
Though excessive RSI readings point out that an asset is overbought and are subsequently often seen as a promote sign, it’s common for an RSI to stay above 70 for a sustained time frame when a crypto rallies.
In the meantime, the MACD line crossed above the MACD Sign line over the past 48 hours. Merchants acted on this bullish crossover, pumping the Mog Coin worth within the hours that adopted. Presently, the MACD continues to be positioned above the MACD Sign line, with the hole between the 2 traces rising. This might counsel that MOG’s bullish momentum is selecting up steam.
Because the Mog Coin worth tries to maintain its bullish momentum alive, merchants are flocking to a brand new meme coin by the title of CatSlap Token that has skyrocketed over 1,700% within the final 24 hours.
A New Cat-Themed Token Poised To Problem POPCAT And Different Elites
CatSlap (SLAP) is a brand new cat-themed token trying to set up itself amongst elite feline cryptos like Popcat (POPCAT), Mog Coin (MOG) and Cat In A Canine World (MEW).
So as to set up itself as the following cat-themed token chief, the challenge will launch a play-to-earn (P2E) recreation whereas concurrently establishing itself as a reputable challenge.
New $SLAP ATH & Gary Gensler is stepping down. Ship it to the moon 😻 pic.twitter.com/PzaPD8fdn7
— CatSlap (@CatSlapToken) November 21, 2024
By its recreation, the challenge will maintain the neighborhood engaged as gamers attempt to climb the challenge’s Slapometer. What’s extra, rumors that the P2E recreation will embody the largest cat-themed token airdrop in crypto historical past subsequent 12 months are beginning to make the rounds.
At its floor stage, the SLAP token is already making a reputation for itself within the crypto house. One of many predominant variations between CatSlap and those who got here earlier than it’s its workforce’s option to not go the standard presale route. This offers everybody an opportunity to amass the token on equal phrases.
Including to CatSlap’s credibility is the challenge’s partnership with Greatest Pockets, which is the quickest rising subsequent technology crypto pockets. By this affiliation, the SLAP token has already been uncovered to a neighborhood that’s 60,000 members robust.
Famend crypto analyst and YouTuber Jacob Bury instructed his over 44.9K subscribers that the SLAP token has “insane development potential.”
$SLAP Token Soars Over 1,700% – Subsequent Binance Itemizing?
CatSlap stands out for its worth efficiency and rapidly-growing neighborhood at this early stage. Ought to this momentum proceed, the SLAP token may quickly be a magnet for main crypto exchanges similar to Binance or Coinbase.
Each of those platforms are consistently on the hunt for the following crypto gem, and CatSlap’s current efficiency undoubtedly makes it a powerful contender. To not point out, these platforms have lately began to capitalize on the meme coin hype by itemizing tokens similar to Pepe in current weeks.
Traders trying to get in on this thrilling meme coin can achieve this through the purchase widget embedded on the challenge’s web site.
Presently promoting for $0.00238225, the SLAP token could be purchased with both ETH, USDT, or financial institution card. Traders may obtain the Greatest Pockets app and buy the token in one of many most secure and most safe platforms out there.
Buy CatSlap Token token right here.
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