Cat In A Dogs World Price Prediction: MEW Soars 10% As Pepe Unchained Rockets Towards $15 Million
Release: 2024/09/24 22:14 Reading: 791
Cat in a Dogs World Soars 10%
The Cat in a Dogs World (MEW) price witnessed a 10% surge within the last 24 hours, reaching $0.005484 as of 03:52 a.m. EST. Trading volume has also increased by 32%, reaching $120 million.
Continued Uptrend Predicted
MEW has been on an upward trajectory in the past week, moving from a support zone of $0.0040 to a resistance level of $0.0055. After a brief correction, the price surged back to the resistance, forming a rounding bottom pattern.
Bulls aim to capitalize on this pattern to push the price even higher. MEW currently trades above both the 50-day and 200-day Simple Moving Averages (SMAs).
Technical indicators also support a bullish outlook. The Relative Strength Index (RSI) is at 67 and rising, indicating buying pressure. The Moving Average Convergence Divergence (MACD) is above the neutral line, suggesting bullish momentum.
Target and Support Levels
If the bullish trend continues, MEW could target $0.0065. Alternatively, a bearish scenario could lead to a drop to the $0.004511 support level, which coincides with the 200-day SMA.
Note: The article does not endorse any specific cryptocurrency or investment decisions. It is important to conduct your own research before investing in any cryptocurrency.
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