Moo Deng Price Prediction: MOODENG Tops Weekly Meme Coin Gainers With 335% Pump As Pepe Unchained Blasts Past $16M In Presale
Release: 2024/09/29 19:04 Reading: 721
Moo Deng Price Soars, Poised for Bullish Trend Reversal
The Moo Deng price has surged an impressive 335% over the past week, despite a 9% drop in the last 24 hours. As of 11:15 p.m. EST, MOODENG is trading at $0.2512, with a 14% decrease in trading volume to $145 million.
This weekly jump has propelled MOODENG, inspired by a viral Thai pygmy hippo, to the top of the largest meme coins by market capitalization, surpassing KARRAT's 120% leap, according to CoinMarketCap.
Moo Deng Price Prediction
Moo Deng has experienced a markup phase, reaching its all-time high of $0.3387 on September 28. After consolidating between $0.30 resistance and $0.22 support, the price action has formed a sideways pattern.
Bulls are aiming for a breakout above the pattern, supported by Moo Deng trading above its 200-day Simple Moving Average (SMA). However, the 50-day SMA at $0.28 poses immediate resistance.
The Relative Strength Index (RSI) is currently at 40, indicating a potential cooling off from the recent rally. If the price continues to decline, MOODENG may find support at the 200-day SMA of $0.18.
Alternatively, if the price holds above support and the RSI rises, a rebound towards $0.28861 is possible. A breakout could lead to a rally towards $0.350.
Pepe Unchained's Bullish Presale
Pepe Unchained (PEPU) has surpassed $16.2 million in presale funding. Notably, it plans to launch a Layer-2 (L2) blockchain, offering lower fees and faster transaction speeds.
Token holders can also earn passive income through staking, with an annual percentage yield (APY) of 132%. The presale is ongoing at $0.00988 per token, with a price increase expected soon.
To participate in the presale, visit the official website and purchase PEPU using ETH, USDT, or a bank card.
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