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HomeExchangeMOG Token Prime Market with 13% enhance to $0.000001703

MOG Token Prime Market with 13% enhance to $0.000001703

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  • Mog Coin surged over 13% to $0.000001703 amid a market rally.
  • MOG's market capitalization rose 13.57% to $613.68 million regardless of a decline in buying and selling quantity.
  • Technical indicators recommend additional positive factors and are focusing on the $0.000000186 resistance degree.

Mog, a cat-themed token, was the highest performer of the day, posting a outstanding enhance of over 13% within the final 24 hours. The soar comes after the crypto market's current rally to $2.15 trillion, recovering from a low of $2.03 trillion earlier this week.

Supply: CoinMarketCap

At the moment, MOG Token is $0.000001703. Apparently, its market cap elevated by 13.57% to $613,676,244, which earned it the 98th place within the crypto rating.

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Nonetheless, whereas the worth has risen, the 24-hour buying and selling quantity tells a distinct story. It decreased by 6.46% to $32,741,555, indicating that merchants could also be cashing in on their income after the current worth enhance.

MOG Coin has reached its all-time excessive

Since its launch in October 2023, Mog coin has had a rocky journey, marked by a long-term bearish development that hindered its progress earlier this yr. The token has struggled with low momentum for a number of months and endured a stagnant worth interval that lasted greater than three months.

Nonetheless, the breakthrough in Could marked a big turning level and sparked a wave of development that drove MOG to its first all-time excessive of $0.0000001805. This preliminary surge set the stage for extra spectacular positive factors.

As of July 1, MOG coin reached one other all-time excessive of $0.00000021. This sustained constructive momentum means that Mog Coin is poised to unlock additional potential positive factors all year long.

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Key MOG ranges to look at

After three consecutive days of an uptrend, market specialists are predicting that Mog coin might proceed its upward momentum within the coming weeks, probably resulting in even larger worth peaks.

In response to TradingView information, the MOG token is at the moment focusing on the resistance degree of $0.000000186. A break of this degree may push the value to its all-time excessive of round $0.00000002111.

Nonetheless, if the 0.000000186 resistance proves too robust, MOG is anticipated to retest the $0.00000015 assist degree. A breach at this degree may push MOG costs additional all the way down to round $0.00000014 and $0.0000013.

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Key indicators sign an upward development

Technically, the 100-day shifting common, which represents the common worth of the final 100 candles, has been a dependable indicator for taking positions on the MOG. Every contact ends in vital bounces, which is vital to figuring out transitions between bullish and bearish developments.

Supply: TradingView

For merchants contemplating going lengthy on MOG, the 100MA retest may signify an optimum entry level. In the meantime, the relative power index just lately retested the impartial zone and bounced again to point a shopping for frenzy.

The RSI is at 59.87, suggesting that there’s nonetheless room for additional worth will increase earlier than reaching overbought territory. This alerts a possible continuation of MOG's bullish development, probably driving its worth in direction of the $0.000000186 resistance degree.

Disclaimer: The data offered on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any sort. Coin Version shall not be accountable for any losses incurred because of the usage of stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

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