Is It Too Late To Buy TROG Crypto? Trog Price Skyrockets 66% And This Might Be The Next Crypto To Explode
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The
Trog
price
has
skyrocketed
66%
in
the
last
24
hours
to
trade
at
$0.00004424
as
of
8:40
p.m.
EST
on
a
260%
pump
in
trading
volume
to
$2.3
million.
Trog
Price
Retraces
Along
A
Parabolic
Curve
Line
The
4-hour
chart
of
shows
a
price
action
marked
by
a
parabolic
rally
that
appears
to
be
losing
momentum.
The
current
price
sits
at
$0.00004424,
down
-8.58%,
after
being
rejected
from
a
key
resistance
level
at
around
$0.000044.
This
level
acted
as
a
ceiling
for
the
recent
rally,
which
followed
a
steep
parabolic
curve.
Such
moves
often
indicate
explosive
growth
but
are
unsustainable
over
time,
leading
to
corrections.
Below
the
current
price
lies
a
major
support
zone
between
$0.000018
and
$0.000020,
which
acted
as
the
foundation
for
the
recent
surge.
If
a
deeper
correction
occurs,
this
area
will
be
crucial
for
maintaining
the
overall
bullish
structure.
TROGUSD
Analysis
Source:
Dextools.io
The
50-period
moving
average
(SMA),
currently
at
$0.00002635,
has
been
reliable
dynamic
support
during
pullbacks,
and
the
200-period
SMA,
at
$0.00002442,
offers
longer-term
stability.
A
golden
cross
occurred
earlier,
with
the
50
SMA
crossing
above
the
200
SMA,
a
strong
bullish
signal
that
contributed
to
the
rally.
However,
the
steep
parabolic
move
is
now
faltering,
and
in
the
event
of
a
deeper
correction,
the
price
could
retrace
and
test
the
50
SMA
or
even
the
200
SMA.
Trog
Price
Indicators
Shows
Signs
Of
Weakening
Momentum
The
MACD
and
RSI
suggest
weakening
momentum.
The
MACD
line
remains
above
the
signal
line,
indicating
lingering
bullish
strength,
but
the
shrinking
histogram
signals
a
loss
of
momentum.
Similarly,
the
RSI
is
at
62.86,
reflecting
bullish
conditions
but
showing
signs
of
cooling
off
from
overbought
levels.
The
market
remains
cautiously
bullish,
with
key
levels
dictating
the
next
move.
If
the
price
holds
above
the
50
SMA
and
regains
strength,
it
could
retest
the
resistance
at
$0.000044
and
possibly
aim
higher
toward
$0.000050.
However,
a
failure
to
sustain
the
current
levels
and
a
drop
below
the
200
SMA
and
major
support
zone
would
signal
a
bearish
reversal,
with
targets
likely
near
$0.000018
or
lower.
For
now,
traders
should
watch
for
further
confirmation
of
either
a
continued
uptrend
or
a
deeper
pullback.
Meme
Index
Presale
Races
Past
$2.2
Million
–
Next
Crypto
To
Explode?
The
bullish
momentum
propelling
the
Trog
price
is
mirrored
in
the
ongoing
success
of
the
Meme
Index
(MEMEX)
presale,
a
project
introducing
the
world’s
first
decentralized
meme
coin
indexes.
MEMEX
has
already
surpassed
$2.2
million
in
early
fundraising.
Given
how
easy
the
project
makes
it
for
investors
to
position
themselves
ahead
of
the
next
meme
coin
supercycle,
it’s
easy
to
see
why
investors
are
rapidly
accumulating
the
token
at
this
early
stage.
There
is
also
a
huge
1,026%
annual
staking
yield
on
offer,
which
might
be
one
factor
behind
the
buying
frenzy.
According
to
popular
YouTuber
ClayBro,
who
has
135K
subscribers,
MEMEX
could
soar
26X
after
launch.
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