Moo Deng Price Prediction: MOODENG Plummets 11%, But This PEPE Derivative ICO Goes Ballistic

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The
Moo
Deng
price
plunged
11%
in
the
last
24
hours



to
trade
at
$0.1207


as
of
03:24
a.m.
EST
on
trading
volume
that
plummeted
14%
to
$72
million.

Moo
Deng
Price
Aims
For
A
Continued
Bullish
Trend
Reversal


According
to



GeckoTerminal


data,
the
Moo
Deng
price
has
been
in
a
downtrend
in
the
last
two
weeks
as
the
bears
took
control
of
the
price
within
the
$0.32
resistance
zone.


However,
the
price
seems
to
have
invalidated
the
falling
channel
pattern,
as
MOODENG
rose
above
the
upper
boundary
of
the
channel.
The
price
of
Moo
Deng
has
now
established
strong
support
at
$0.11,
which
the
bulls
could
use
to
stage
a
further
upward
movement.


The
downtrend
in
recent
times
has
resulted
in
the
price
of
Moo
Deng
to
trade
below
the
50-day
Simple
Moving
Average
(SMA),
which
is
now
the
immediate
resistance
zone
at
$0.1471.


The
Relative
Strength
Index
(RSI)
on
the
4-hour
chart
seems
to
be
rebounding
but
still
trades
within
the
neutral
zone.
This
shows
that
the
asset
is
neither
oversold
nor
overbought,
which
means
that
the
price
may
still
be
headed
towards
a
major
breakout.


If
the
bulls
take
control
of
the
price
at
this
level,
the
price
of
Moo
Deng
may
soar,
as
they
target
the
previous
resistance
level
at
$0.30.

Moo Deng Price Chart Analysis Source: GeckoTerminal.com

MOODENGUSD
Chart
Analysis
Source:
GeckoTerminal.com


However,
if
the
bears
continue
pushing
the
price
even
further
down,
Moo
Deng
could
plunge
even
further
back
to
the
next
support
zone
at
$0.0691.


Meanwhile,
investors
are
also
buying
into
the
new
meme
coin



Pepe
Unchained
(PEPU)
,
which
YouTube
channel


99Bitcoins,
with
over
706K
subscribers,
says
can
potentially
surge
100X
after
launch.

Pepe
Unchained
Closes
On
$19
Million


Pepe
Unchained
has
reached
another
significant
milestone
by
raising
over
$18.6
million
in
its
blockbuster
presale,
which
is
one
of
the
most
successful
of
the
year. 


The
idea
behind
Pepe
Unchained
is
that
it
will
free
the
OG
PEPE
from
his
old,
clunky
blockchain
to
embrace
the
future.
The
project
will
thus
tackle
the
scalability,
speed,
and
efficiency
issues
that
plague
meme
coins
like
Pepe
that
are
built
on
Layer-1
blockchains
like
Ethereum.


Pepe
Unchained
also
allows
investors
to
earn
passively
through
its


staking
option
,
which
offers
an
annual
percentage
yield
of
117%.


You
can
buy
$PEPU
tokens
for
$0.00996
each
right
now.
But
that
price
will
increase
in
less
than
two
days,
so
buy
soon
to
lock
in
the
best
deal.


To
join
the
presale,



buy
$PEPU
from
the
official
website
here


using
ETH,
USDT,
or
a
bank
card.

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