Mother Iggy Price Outlook: MOTHER Plunges 7% As Traders Flock To This Solana Rival With Time Running Out

The
Mother
Iggy
price
has
plunged
7%
in
the
last
24
hours


to
trade
at
$0.13595

as
of
3:30
a.m.
EST
on
a
45%
drop
in
trading
volume
to
$41
million.

Mother
Iggy
Price
Signals
A
Rebound
Within
The
Bullish
Pennant

The
MOTHER
price
has
fallen
below
the
50
and
21
simple
moving
averages,
indicating
intensive
selling
pressure.
Moreover,
the
moving
average
cross
formation
supports
the
current
bearish
trend,
forcing
the
bulls
to
retreat
to
the
lower
trendline
of
the
bullish
pennant
formed.

The
pennant
may
provide
a
platform
for
the
bulls
to
regain
control
of
the
price
and
push
the
market
to
a
new
all-time
high
for
MOTHER’s
price.

MOTHERUSD
Analysis(Source:
Dextools.io)

Mother
Iggy
has
declined,
dropping
from
$0.2022
at
the
upper
trendline
of
the
bullish
pennant
down
to
a
support
level
of
$0.1307.
However,
there
are
signs
of
a
potential
rebound
as
the
bulls
have
started
to
push
the
price
upwards.
If
this
momentum
continues,
it
could
drive
the
price
above
the
SMAs
and
lift
it
past
the
pennant.

Despite
the
downward
trend,
the
Relative
Strength
Index
(RSI)
is
rebounding
at
40,
just
below
the
midline
of
50.
This
suggests
the
RSI
could
rally
back
up
to
the
70
overbought
level.

Additionally,
the
Moving
Average
Convergence
Divergence
(MACD)
indicator
has
crossed
below
the
neutral
level,
reinforcing
the
bearish
sentiment.
The
blue
average
line
crossing
the
signal
line
downward
and
the
histogram
turning
red
further
boost
the
bears’
confidence.

MOTHER
Price
Bulls
May
Regain
Momentum

The
bullish
pennant
pattern
could
boost
the
bullish
momentum
and
push
the
price
towards
an
all-time
high
of
$0.2498.
Furthermore,
if
the
price
momentum
surpasses
the
50
SMA,
it
could
help
the
bulls
push
the
price
above
the
pennant
as
they
aim
for
a
new
all-time
high
at
$0.3455.

However,
if
the
bears
continue
the
correction,
they
could
send
the
price
to
the
$0.1296
support
level
below
the
lower
boundary
of
the
bullish
pennant.
Continued
downward
pressure
may
cause
a
further
drop
to
$0.0717.

Sealana
Presale
Hurtles
Past
$4
Million

As
Mother
Iggy
traders
gear
up
for
a
bull
rally,
there’s
also
a
rush
to
buy
the


Sealana
(SEAL)

presale
before
its
official
launch

on
June
25
at
6
p.m.
UTC.

With
over
$4
million
raised
in
its
presale,
Sealana
aims
to
propel
its
charming
seal
mascot
to
the
top
of
Solana’s
meme
coin
ranking.

#Sealana
has
got
some
big
news
for
y’all
today!
????????
After
a
long
night
of
drinking,
doin’
American

$SEAL
things
????????
and
blacking
out!
????
He
woke
up
with
some
real
mental
clarity
and
made
the
call
that
the

#Presale‘s
gonna
end
on
June
25th
at
6
pm
UTC!
⏰

You
know
what
that…

pic.twitter.com/va7W8abVjb

—
Sealana
(@Sealana_Token)

June
6,
2024

Sealana
is
a
chubby
seal
who
spends
all
day
at
his
computer,
gaining
weight
as
he
snacks
on
chips
and
canned
tuna.
Obsessed
with
finding
the
next
big
Solana
meme
coin,
he’s
always
busy,
with
his
flippers
typing
away
and
his
living
room
a
mess.

Embracing
an
American
patriotism
theme,
Sealana
is
attracting
attention
from
the
Solana
community
and
right-leaning
investors
who
support
former
US
president
Donald
Trump. 

Seems
like

@thenotoriousMMA
didn’t
like

#Sealana
asking
why
he
was
drinking
whiskey
at
the

#Roadhouse
rather
than
fighting
in
the
octagon…????
If
only
he
knew
before
raising
his
fists
that
Sealana
was
a
300lbs
ex
army
$SEAL…????????

It’s
not
going
to
be
a
fair
fight
but
no
one
will…

pic.twitter.com/L1TqztPiAX

—
Sealana
(@Sealana_Token)

June
10,
2024

Prominent
crypto
analyst
and
YouTuber
Cilinix
Crypto,
with
over
63k
subscribers,
says
that
Sealana
is
among
the
meme
coins
he
has
bought
this
year. 

With
about
11
days
left
before
the
presale
ends,
prospective
investors
should
waste
no
time
securing
their
tokens
before
the
launch.
$SEAL
is
available
for
$0.022.

Buy
SEAL
on
the
official
website
here
using
ETH,
USDT
or
a
bank
card.

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