Mog Coin Price Prediction: MOG Pumps 13% Amid Ethereum ETF Optimism, but Traders Pick This AI Meme Coin ICO for 100x Potential

adminMay 22, 2024

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Mog Coin price has surged 13% in the last 24 hours. Traded for $0.0000009319 As of 3:20 a.m. EST, trading volume had increased 26% to $47 million.

The pump comes amid a broader cryptocurrency rally driven by investor optimism that the Securities and Exchange Commission (SEC) could approve a spot Ethereum exchange-traded fund (ETF) as early as this month.

As an ERC-20 token on the Ethereum mainnet, MOG recorded positive gains. Following the news that the ETH ETF could be approved soon, MOG soared as high as $0.00000130 before falling back to the $0.0000008110 resistance level, which is currently acting as a key support level. gecko terminal It shows.

Mog Coin Set to Maintain Bullish Rally Against Cup and Handle Pattern

Mog Coin Chart Analysis Source: GeckoTerminal.com — MOGUSD Chart Analysis Source: GeckoTerminal.com

Over the past month, MOG has moved back from $0.0000008110 to the $0.0000004504 support level and bulls are looking to maintain the rally above this pattern.

Key indicators also indicate an optimistic mood. MOG is currently trading above its 50-day and 200-day simple moving averages (SMAs), both of which provide ample support at $0.0000006730 and $0.0000005884, respectively.

Moreover, the Relative Strength Index (RSI) is also trading within overbought territory, currently trading at the 70 overbought level and currently at the 68 level, indicating strong buying pressure.

Moving Average Convergence Divergence (MACD) also shows signs of a bullish crossover, with the blue MACD line crossing over the orange signal line. Additionally, the green bar in the histogram is also forming above the neutral line, indicating that MOG is currently showing positive momentum.

Mog Coin Price Prediction

MOG Coin price analysis on the 4-hour chart shows a bullish bias aimed at maintaining momentum against the cup and handle pattern.

MOG’s key indicators, including RSI, MACD and the golden cross at $0.0000005661, serve to encourage the bulls to continue pushing the price higher, targeting $0.00000122.

However, RSI and MACD indicate that the asset is highly overbought, which could signal a trend reversal and trigger a retracement. In this scenario, bulls could pull back towards the $0.0000006730 support, which is in line with the 50-day SMA.

With MOG prices soaring, some investors looking for tokens with similar upside potential are considering investing in WienerAI presale. The token aims to follow in the footsteps of predecessors such as SHIB and DOGE by leveraging AI capabilities.

WienerAI presales exceed $2.5 million. What is the best alternative to buy now?

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WAI’s functionality brings a unique level of utility not typically seen in playful meme coin cryptocurrencies as it features an advanced AI trading bot that provides investors with a smart, user-friendly on-chain assistant to enhance their trading experience. Add.

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According to Crypto Boy, a popular analyst and YouTuber with over 40,000 subscribers, WienerAI could be the next big thing with potential 100x returns.

The WienerAI presale has already raised over $2.5 million in funding. If you are interested in adding to that amount, you can purchase the token for $0.000709. But hurry because prices will increase within 21 hours.

You can purchase WAI tokens on the official website here. Use ETH, BNB, USDT or your bank card.