The price of MOO DENG has surged by 109% in the past 24 hours to $0.0003603, and the trading volume has surged by 136% to $63.8 million.
MOO DENG price shows bullish trend reversal
According to GeckoTerminal data, the MOO DENG price surged to the $0.00028 resistance level after the launch, according to MOODENG/USD chart analysis. However, the bulls were unable to maintain this resistance range, causing the MOO DENG price to plummet to $0.00010.
Subsequently, MOODENG gained some momentum, pushing the asset into a price recovery, forming a bullish rounding bottom pattern.
The price of MOO DENG is now trading above the 50-day simple moving average (SMA), which is a strong support level.
Furthermore, the relative strength index (RSI) is at 83.19, which is above the overbought threshold of 70. Overbought conditions indicate that prices have risen rapidly and may soon encounter some resistance or consolidation.
The MACD line (blue line) is above the signal line (orange line) and the zero line, indicating strong bullish momentum. The histogram is expanding upwards, reinforcing the strength of the current uptrend.
If the uptrend continues, the bulls may push the MOO DENG price further upwards with a target of $0.00050.
However, as the RSI is currently overbought, the bears might push the MOO DENG price towards the $0.00020 support area.
Meanwhile, investors looking for diversification opportunities can consider the newly launched Best Wallet (BEST) presale.
$BEST token presale officially begins!
For the next two weeks, this exclusive opportunity is only open to Best Wallet users, so grab the chance!
Join the presale now and get your tokens at a discounted price.
Download the app! …pic.twitter.com/VItxcDHAoE
— Best Wallet (@BestWalletHQ) November 11, 2024
Best Wallet presale raises over $559,000 in one week
Best Wallet is a Web3 crypto wallet that offers advanced features including an “Upcoming Tokens” tool that helps users discover and participate in presales of promising crypto projects, such as its governance token $BEST.
Best Wallet is known for its intuitive interface and user-first approach, seamlessly connecting investors to innovative projects and keeping them at the forefront of the ever-changing crypto market.
Never miss out on early crypto projects again!
With Best Wallet’s Upcoming Tokens feature, you can easily browse, learn, and purchase pre-sale tokens directly from the app!
Download now! https://t.co/he5kzra7TY pic.twitter.com/ZcNZ1b6Up1
— Best Wallet (@BestWalletHQ) October 26, 2024
The $BEST token is the governance token for Best Wallet’s expanding ecosystem, which includes the wallet, Best DEX, and the upcoming Best Card. It is the key to unlocking a range of benefits designed to enhance the user experience of every Bitcoin wallet.
Did you know that you can get $BEST token by completing daily airdrop missions?
The more points you stack, the more $BEST you will earn! Get access to unique features and reduced fees when the token launches.
Remember, daily missions reset at midnight. Don't… pic.twitter.com/APEuMjfNZZ
— Best Wallet (@BestWalletHQ) November 9, 2024
Just one week after the presale was launched, the token has already raised over $559,000 and is rapidly moving towards its current presale phase target of $602,000.
Investors can currently purchase $BEST for $0.022625. For the next six days, users will be able to purchase $BEST per token at this price, and then the presale will move from the private phase to a public launch.
Prices are expected to increase after the transition, so now is the best time to get involved early.
To participate in the presale, users must first download Best Wallet from Google Play or the Apple App Store and then click on the “Upcoming Tokens” section to purchase $BEST tokens.
With prices rising in less than 18 hours, act fast to grab the best deal.
Related News
English 
Chinese (China) 
Chinese (Hong Kong) 