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The Moo Deng price soared 115% in the last 24 hours to trade at $0.0002092 as of 01:46 a.m. EST on trading volume that skyrocketed 159% to $44 million.
Moo Deng Price Aims For A Sustained Bullish Rally
According to data from GeckoTerminal , the Moo Deng price has been in a consolidation phase since its launch in mid-September, trading within the $0.000040 range. The chart shows a clear parabolic rise, signaling a strong bullish trend.
MOODENG price now trades above the 50-day Simple Moving Average (SMA), coinciding with the recent uptrend.
The Relative Strength Index (RSI) value is currently 81.63, which places it in the overbought zone (above 70). This high RSI indicates that the asset is overbought and may be due for a short-term correction or consolidation, though assets can remain overbought in strong trends.
Moreover, the Moving Average Convergence Divergence (MACD) is also soaring above the neutral line, signaling strong bullish movements. The green bars on the histogram also extend gracefully above the zero line, which is a signal that the price of Moo Deng is on a positive momentum.
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