bullish

Memecoin

Mog Coin

Coin

<p>The price of Mog Coin has seen a double-digit increase today. Although it has started to see some retracement in value, the crypto price could still make some more upward moves in the short-term</p> 
<p>The bullish signal began when the price rejected support at around $0.0000016 two days ago. The price returned to that point yesterday but still could not break below this level, just as it did in late October.</p> 
<p>The last time this happened, we saw an over 30% price increase to the top of the descending channel, which acted as resistance. This prevented the price from increasing further.</p> 
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/expert-updates-bitcoin-btc-price-prediction-eyes-rally-up-to-110k-but-theres-a-catch/" target="_blank">Expert Updates Bitcoin (BTC) Price Prediction, Eyes Rally up to $110k – But There’s a Catch</a></em></strong></p> 
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 <img loading="lazy" decoding="async" width="1024" height="480" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-1024x480.png" alt="" class="wp-image-578360" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-1024x480.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-300x141.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-766x359.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-1536x720.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-2048x960.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-320x150.png 320w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-747x350.png 747w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150-788x369.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-150.png 1803w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>With the support holding again, we expect a similar situation, where the price rallies to the defining channel for another attempt at breaking through.</p> 
<p>If successful, it could be the start of a major rally for the <a href="https://coinmarketcap.com/currencies/mog-coin/" target="_blank">MOG meme coin</a>. Otherwise, the price could continue consolidating between these two key levels.</p> 
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/is-jasmycoin-jasmy-price-running-out-of-steam-analyst-predicts-limited-upside/" target="_blank">Is JasmyCoin (JASMY) Price Running Out of Steam? Analyst Predicts Limited Upside&nbsp; </a></em></strong></p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="479" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-1024x479.png" alt="" class="wp-image-578431" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-1024x479.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-300x140.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-767x359.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-1536x719.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-2048x959.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-320x150.png 320w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-748x350.png 748w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158-788x368.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-158.png 1803w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Basically, the price has been rallying today, with strong support holding at a key level. Only time will tell if the descending channel will serve as resistance again.</p> 
<p>At the time of writing, the <a href="https://www.investors.com/how-to-invest/investors-corner/50-day-moving-average-identifies-buy-sell-signals/#:~:text=To%20refresh%20your%20memories%2C%20the,is%20in%20a%20current%20run." target="_blank" rel="nofollow">50-day SMA</a> is below the price while the relative strength index is at 52, showing that there is a lot of space for a rally in case the price keeps going up. </p> 
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<p>The post <a href="https://captainaltcoin.com/why-is-the-mog-coin-mog-memecoin-price-pumping/">Why Is Mog Coin (MOG) Memecoin Price Pumping?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why Is Mog Coin (MOG) Memecoin Price Pumping?

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