Tag: Moo

Analysts see a bullish impulse for memecoin moo den even after an 11% drop

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  • Moo Deng has fallen into two digits, although the impulse of the upward trend remains intact.
  • Vitalik’s support and KRW quotation drive long -term feeling.
  • Moon Deng must be maintained above the Fibonacci setback support level of 0.618 to continue with the upward trend.

    • After a splendid performance, the Moo Deng Memecoin has seen its price fall around 11.9% during the last week, indicating a pause in its recent bullish impulse.

    This correction occurs after an euphoric rebound that captured significant market attention, driven both by the virality at celebrity levels and the support of the Ethereum co -founder, Vitalik Bugerin.

    The price currently quotes at approximately $ 0.231, below the recent recent ones that touched the $ 0.27 mark, reflecting a cooling period after intense speculative activity.

    The technical analysis suggests a continuous bullish impulse

    Despite the fall, the general tendency of Moo Deng remains intact, backed by a strong confluence of technical indicators and an increase in institutional interest after its price in the Coinone Korean stock market.

    Although Memecoin has lost about 14% since its maximum local, analysts see the setback as a healthy part of the current upward trend instead of a trend change.

    As the price goes back, it is now testing a rich confluence zone in support that includes the 0.618 Fibonacci recoil level, the 200 -day mobile average and a long -term maximum time frame support range.

    Historically, these areas have triggered strong bullish reactions and, if this pattern is maintained, the recent fall can represent an ideal accumulation opportunity.

    The bulls seek the formation of a higher minimum that reinforces the validity of the ongoing upward trend.

    If Moo Deng confirms the support here and begins to be reversed, it is likely that the price points to previous resistance levels near USD 0.31 and possibly USD 0.35 in the next sessions.

    The fundamentals and feeling remain solid despite volatility

    In particular, the current price setback occurred a few weeks after Vitalik Bterin donara 88 eth, worth about 10 million Baht Thai, to the Khao Kheow zoo in Thailand to sponsor Moo Deng, the pigmeo hippopotamus of real life behind the memecoin, as promised in December 2024.

    This high -profile gesture not only raised the global Moo Deng profile, but also catalyzed a dramatic increase in the price and negotiation volumes, with the Token winning more than 125% in the following days.

    Although Hype has temporarily calmed down, the currency still benefits from the strong participation of the community, the viral impulse and the expansion of access to the market through the KRW market in Coinone.

    The combination of cultural relevance, blockchain symbolism and charity in the real world has created an exceptionally resistant narrative around Moodeng, which gives it more power to permanence than typical memecoins.

    While short -term traders can react to cautious setbacks, long -term holders seem to trust that this correction is part of a broader bullish pattern.

    With Moo Deng, quoting within a predictable technical structure and backed by increasing liquidity, market observers are now observing a possible rebound that could restore the bullish impulse.

    If this support level is maintained and the highest expected minimums are formed, Moodeng could soon resume its ascent and challenge its recent maximums, which makes the current fall into a potentially strategic reentry point.

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    Pippin and Moo Deng lead the meme coin graphics while BTC approaches 105 thousand dollars

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  • More than USD 1.9 million in Pippin were sent to the exchanges in 24 hours.
  • Wif won 25%, backed by the broader feeling of the cryptocurrency market.
  • Meme coins face the sale pressure after recent rebounds.

    • Meme coins are starring a strong return, taking advantage of Bitcoin’s recent rebound beyond the USD 105,000.

    Bitcoin briefly crossed the USD 105K early Monday, promoting the upward feeling throughout the cryptocurrency market and causing strong price peaks in several low capitalization tokens.

    Among the main winners is Pippin (Pippin), which rose more than 80% in the last 24 hours, while Moo Deng (Moodeng) and Dogwifhat (WIF) also recorded two -digit profits.

    The sudden capital tickets and the results of the ruptures suggest a renewed appetite of investors for speculative meme assets, some of which are already testing maximums of several months.

    The Pippin price rises 85.16% as the volume of operations increases

    Run in November 2024, Pippin has a total and maximum supply of 999.94 million tokens and a fully diluted assessment (FDV) of 47.2 million dollars.

    The Token experienced a dramatic increase of 85.16% in the last 24 hours, which positioned it as one of the meme coins with better market performance.

    Despite being a small capitalization project, Pippin attracted a great interest of both retail and institutional traders.

    According to on-chain data from Nansenmore than USD 1.9 million in Pippin moved to centralized exchanges during the same 24 -hour period. This influx suggests a mixture of enthusiasm for the purchase and taking of early gains.

    The current price of the Token is consolidating near USD 0.047, just below a resistance level of USD 0.052.

    Analysts that observe the packages of 3.13%packages, which tracks how concentrated tokens owns, indicated that the wide distribution of Pippin tokens indicates healthier property patterns compared to other meme coins.

    Fountain: Coinmarketcap

    If the bullish impulse is maintained, the price could point to USD 0.064. However, an excessive sale could drag it to the USD 0.035.

    Moo Deng wins 12.71% and approaches the resistance of USD 0.24

    Moo Deng (Moodeng), launched in September 2024 with a total supply of 989.97 million tokens, has registered a price increase of 12.71% in the last 24 hours.

    The totally diluted valuation of the currency is currently at 238.59 million dollars. At the time of writing this report, Moodeng trades at 0.24 dollars, reflecting intense bullish pressure.

    Fountain: Coinmarketcap

    Market observers expect the currency to try a break above the 0.35 dollar brand, which could pave the way for a race towards 0.50 dollars.

    These predictions are based on a significant increase in the volume of operations and a growing demand, and some investors see Moodeng as a candidate under the radar to make short -term profits.

    However, the Token also runs the risk of a correction after reaching a maximum of four months.

    In the event that sellers dominate, Moodeng can fall below USD 0.24, with more deep support levels seen in USD 0.18 and USD 0.12. A rupture of these levels would suggest a weakening of the impulse and could annul the short -term bullish structure of the currency.

    Dogwifhat rises 33.19%

    Dogwifhat (WIF) is one of the most established meme coins on this list.

    It has a total and maximum supply of 998.92 million tokens and a FDV of $ 1.17 billion.

    The price of Wif rose 33.19% in the last 24 hours to reach USD 1.17, with a largely linked impulse to Bitcoin’s ongoing rebound.

    Fountain: Coinmarketcap

    Traders point to a resistance in $ 1.24. A clean rupture above this level could trigger a movement towards USD 1.52, especially if the feeling in Bitcoin and meme assets in general remains bullish.

    But like his peers, Wif faces downward risks.

    If the sellers take control, the price could fall below $ 1.04 and test the support by $ 0.85.

    This would undermine the current bullish impulse and reflect the growing caution among traders.

    The next 48 hours could be key to determining whether Wif maintains its rebound or succumbs to market fatigue.

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