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The MOO DENG value 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 Value On A Bullish Pattern Reversal
In accordance with the MOODENG/USD chart evaluation, the MOO DENG value soared to the $0.00028 resistance after its launch, in accordance with information from GeckoTerminal. The bulls couldn’t maintain the resistance zone, which resulted within the value of MOO DENG plunging again to $0.00010.
MOODENG then gained some momentum, which drove the asset by means of a value restoration, forming a bullish rounded backside sample.
The value of MOO DENG now trades above the 50-day Easy Shifting Common (SMA), which acts as a formidable help degree.
Furthermore, the Relative Energy Index (RSI) is at 83.19, which is above the overbought threshold of 70. Overbought circumstances point out the worth has risen quickly and should face some resistance or consolidation quickly.
The MACD line (blue) is above the Sign line (orange) and 0, displaying sturdy bullish momentum. The histogram bars are increasing upwards, reinforcing the energy of the present uptrend.
If the uptrend continues, the bulls may push the MOO DENG value increased up, as they aim $0.00050.
Nonetheless, with the RSI now overvalued, the bears might push the MOO DENG value by means of a correction to the $0.00020 help zone.
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Greatest Pockets Presale Amasses Over $559K In A Week
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With only a week after its presale launch, the token has now amassed over $559K in funds raised because it hurtles in direction of its present presale stage goal of $602K.
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