[ad_1]
Be part of Our Telegram channel to remain updated on breaking information protection
The Moo Deng value has skyrocketed 212% within the final 24 hours to commerce at $0.2383 as of 11:51 p.m. EST on a 898% surge in buying and selling quantity to $828 million, in response to CoinGecko.
This comes after Binance Futures introduced the itemizing of MOODENGUSDT USD-Margined perpetual contract on October 25, providing merchants leverage of as much as 75X.
#Binance Futures will launch the USDⓈ-Margined $MOODENG Perpetual Contract at
🗓️ Oct 25 2024, 10:00 (UTC)
Learn extra 👉 https://t.co/FRuu1q8ZNA pic.twitter.com/Z9XLOaGwS2
— Binance Futures (@BinanceFutures) October 25, 2024
Impressed by a viral child hippo named Moo Deng from Thailand’s Khao Kheow Open Zoo, the token has swiftly gained recognition after its debut on the favored Pump.Enjoyable platform. Can the futures contract improve its recognition and assist it climb even greater?
Main Moo Deng Value Indicators Present A Sustained Bullish Stance
In line with the MOODENG/USDT chart evaluation on the 4-hour timeframe, the Moo Deng value has been on a sustained downtrend in October, because the bears took management of the worth on the $0.32 resistance to a falling wedge sample.
Nonetheless, after the announcement by Binance, the worth of Moo Deng rallied above the wedge, because the bulls capitalized on the $0.06 major assist degree.
MOODENG now trades above each the 50-day and 200-day Easy Transferring Averages (SMAs), which helps the general bullish outlook.
The Relative Power Index (RSI) is extraordinarily excessive, sitting above 80 (round 82.94), which usually suggests overbought situations. In typical eventualities, an overbought RSI would possibly point out a possible pullback or consolidation. Nonetheless, throughout a powerful breakout, RSI can keep elevated, so it could not result in a right away reversal.
The Transferring Common Convergence Divergence (MACD) histogram and contours seem like displaying a bullish crossover, with the MACD line crossing above the sign line. This crossover helps the bullish momentum and signifies that patrons are presently in management.
MOODENGUSD Chart Evaluation (Supply: Tradingview)
Moo Deng Value Prediction
The Moo Deng value evaluation reveals that the bulls persistently push MOODENG on the final day, with main indicators supporting the continued bullish pattern. If the bulls maintain this momentum, the potential goal space seems to be round $0.50, suggesting an anticipated 118% transfer from the breakout degree.
In the meantime, the RSI reveals that the worth of Moo Deng is presently overextended and thus, oversold. This indicators a potential pullback within the quick time period. On this state of affairs, the Moo Deng value may plunge again to the $0.09 assist.
Because the Moo Deng value soars, buyers are additionally sending money to a brand new meme coin presale referred to as Crypto All-Stars (STARS), which ClayBro, a preferred crypto YouTuber with over 130K subscribers, says may soar 10X after its launch.
Crypto All-Stars Heads For $3 Million
Crypto All-Stars has raised over $2.76 million as merchants purchase into the concept of a platform that enables buyers the chance to stake all their meme cash on one platform for the primary time.
It makes that potential by way of its modern MemeVault protocol, which from launch will allow the staking of 11 prime meme cash: Dogecoin, Shiba Inu, Pepe, Floki, Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk. Extra meme cash will likely be added within the coming months.
Why Is Everybody Excited?
In its preliminary presale section, Crypto All-Stars raised over $350k! 💰
This early success reveals that buyers see BIG potential right here. 🚀
Might this be the subsequent $PEPE? 👀
— web3telepath (@web3telepath) August 15, 2024
You too can earn passively by the undertaking’s native staking mechanism, which provides an enormous 557% annual proportion yield (APY).
You should purchase the token now for $0.0015248. However the value will increase in lower than 2 days, so buyers ought to act quick to lock in the most effective deal.
Purchase $STARS from its official website here using BNB, USDT, or a bank card.
Associated Articles
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
Be part of Our Telegram channel to remain updated on breaking information protection
[ad_2]
