The Mog Coin value has surged 10% within the final 24 hours to commerce at $0.000001198 as of  5:50 a.m. EST on a 21% pump in buying and selling quantity to $24 million.

Mog Coin Value Bulls Poised For Bull Rally

The Mog Coin value technical panorama highlights key areas of curiosity for merchants. On the coronary heart of the evaluation lies a well-defined help zone, which has repeatedly served as a security web for the value.

This zone, marked in orange, represents a stage the place patrons have traditionally stepped in to forestall additional costs from declining. This space has been examined a number of instances, underscoring its significance in sustaining the market’s bullish sentiment.

MOGUSD Evaluation Supply: Dextools.io

Simply above this help, the value is presently transferring inside what’s recognized because the reward zone. This area suggests an accumulation part, the place merchants would possibly anticipate an upward transfer.

A take-profit stage indicated additional reinforces this bullish outlook. This stage aligns with a earlier excessive, which possible serves as a possible resistance space the place sellers would possibly emerge, aiming to lock in income.

The 50-day transferring common, depicted as a blue line, is especially fascinating. The worth presently trades beneath this common, which usually alerts a bearish short-term pattern.

Nevertheless, the value’s proximity to this transferring common suggests {that a} bullish crossover could possibly be imminent ought to the value break above it.

In distinction, the 200-day transferring common, proven in inexperienced, lies comfortably beneath the present value. This positioning signifies that, regardless of latest corrections, the long-term pattern stays upward, supporting the general bullish sentiment.

Mog Coin Value Technicals Sign Bull Rally Forward

The Relative Power Index (RSI) stands at 44.14. This stage is inside the impartial zone however skews in direction of being oversold, indicating that there’s nonetheless room for a value improve if shopping for momentum picks up.

The MACD (Shifting Common Convergence Divergence) provides one other layer to this evaluation. The MACD line is beneath the sign line, a typical bearish signal.

Nevertheless, the histogram bars, which replicate the distinction between the MACD and sign strains, present a lower in unfavourable momentum. This growth means that the bearish strain might wane, setting the stage for a possible bullish reversal.

The Mog Coin value is navigating a key help zone round $0.0000096. If the value stays above this zone and breaks above the 50-day transferring common at $0.0000156, we may see the value transferring in direction of $0.000023 as a mid-term goal. This is able to mark a big acquire from the present ranges.

For the mid to long-term outlook, the bullish momentum might push the value to succeed in the take-profit stage of $0.000025, representing a powerful restoration and continuation of the uptrend.

Nevertheless, if the value fails to interrupt above the 50-day transferring common, it may slip beneath the help zone at round $0.0000096.

Base Dawgz Presale Nears $3 Million Mark – The Subsequent Crypto To Explode?

As merchants flock to purchase MOG, new Base token Base Dawgz (DAWGZ) is closing in on the $3 million mark in presale.

In line with crypto analyst and YouTuber ClayBro, with over 130K subscribers, DAWGZ may “create millionaires” as soon as it goes dwell.

The challenge seeks to determine a definite presence within the meme coin market by mixing interactive neighborhood parts with enticing monetary rewards.

Base Dawgz calls Base residence however gives a novel multi-chain expertise, working seamlessly throughout Ethereum, Solana, Binance Sensible Chain, and Avalanche.

Base Dawgz incorporates a staking system that provides holders a outstanding 806% annual proportion yield (APY). About 20% of the overall token provide is put aside for staking rewards.

Dawgz additionally features a Share-to-Earn system that rewards the neighborhood with additional $DAWGZ tokens for creating and sharing content material underneath the “Be Social for Airdrop” marketing campaign.

As soon as the presale ends, you’ll be able to alternate these factors earned for $DAWGZ tokens.

If you happen to’re within the presale, you should buy DAWGZ tokens on its official web site for $0.008173 every utilizing ETH, USDT, BUSD, or USDC.

However purchase earlier than a value hike in lower than 5 days to safe the most effective deal.

Purchase DAWGZ tokens right here.

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TON, the native foreign money of Toncoin, a blockchain community, is beneath immense promoting strain. Regardless of sustaining its spot within the prime 10, the current dump has sowed doubts and widened cracks in an in any other case strong uptrend.

TON Is Down, Liquidity Supplier Sells

In keeping with CoinMarketCap, TON is down almost 18% up to now buying and selling week however steady on the final day. Nonetheless, the coin is agency during the last six months. A look on the TON day by day chart reveals that it’s up almost 200% and maintains an uptrend.

If there’s an extension of August 24 losses, TON may fall and retest the fast help degree marking July lows at round $4.8. Even so, additional losses may set off panic promoting amongst holders, fueling one other wave of promoting strain. In flip, this may affirm the losses over the weekend.

On August 26, Lookonchain analysts famous that one massive liquidity supplier (LP) exited the market, promoting over 350,000 TON value $1.98 million. Apparently, the LP selected to promote in bulk at $5.57.

Hours after this, costs are in inexperienced, edging decrease, as evident within the day by day chart. The scenario may worsen within the coming hours or days ought to different “small” holders observe this pattern.

Sometimes, when massive token holders, on this case, the liquidity supplier, select to liquidate, it creates a domino impact. Since these entities are assumed to be extra knowledgeable than retailers, it may be interpreted that their market outlook is bearish.

Because of this, following their steps and securing at present costs may imply exiting when the liquidity is excessive and earnings first rate.

Pavel Durov Of Telegram Arrested, What’s Subsequent For Toncoin?

For now, it stays to be seen whether or not TON holders will proceed promoting, following the liquidity supplier’s path. Nonetheless, what’s clear is that the promoting strain of August 24 may form the quick to medium-term pattern. It is going to be particularly a turbulent time for TON holders ought to bears press on, breaking under $4.8.

Triggers for this dump will likely be if Pavel Durov, the CEO of Telegram, is detained for longer. Over the weekend, Durov, whose messaging app is carefully linked to the open supply The Open Community, was arrested in Paris, France.

Rumor is that Durov’s arrest circles round Telegram, whose messages are encrypted. Authorities declare that the messaging app, led by Durov, didn’t place enough measures to reasonable. Additionally they allege Telegram didn’t cooperate with legislation enforcement to extinguish suspected criminals.

In a assertion, Telegram mentioned Durov has “nothing to cover.” Moreover, the staff mentioned the messaging app is dedicated to making sure commonplace moderation practices whereas complying with EU legal guidelines.

Function picture from Wikimedia Commons, chart from TradingView

The Sundog worth dropped 13% within the final 24 hours to commerce at $0.2323 as of 4.40 a.m. EST on buying and selling quantity that surged 18% to $80.4 million.

On a weekly foundation, nevertheless, the TRON community’s meme coin remains to be up by round 256%, regardless of the latest correction.

SUNDOG’s worth skyrocketed post-launch, finally reaching an ATH at $0.2706 on August 21. This was adopted by a correction that introduced the token to a help at $0.18 late final night time, just for the token to then see a powerful restoration as the brand new bullish wave took maintain of the market.

Whereas the worth is in the course of a restoration proper now, it nonetheless has some option to go to make up for yesterday’s losses.

However the truth that Bitpanda added the token to its itemizing countdown actually helped to deliver the hype again up, and so did the latest launch of the undertaking’s buying and selling bot.

Many within the Sundog neighborhood now imagine that the surge since launch is barely the start and that the numbers might explode in coming days and weeks.

Sundog Value Prediction

The SUNDOG worth began seeing a powerful restoration up to now a number of hours, however after it began nearing the resistance at $0.25, the token all of a sudden misplaced its momentum, and its worth began dropping as soon as once more.

Sundog’s Bollinger bands have seen a serious widening due to the surge, and have but to answer a sudden shift in its worth efficiency. To date, the worth was pushing the higher band additional up, however this stopped lately and the worth is now quickly dropping towards the center level between the higher and decrease band.

It stays to be seen whether or not it’ll handle to stabilize between the 2, or if it’ll proceed spiraling down and begin pushing the decrease band additional down.

The undertaking’s Relative Power Index (RSI) chart reveals that the worth rejection occurred across the identical time when the RSI worth entered the overbought zone. In different phrases, the drop probably got here when the merchants took the RSI’s efficiency because the sign that it was time to take revenue.

This additionally means that the SUNDOG rally is pushed not by hype and basic elements, however by technical evaluation of day merchants, which might additionally imply that comparable technical indicators could possibly be used to foretell the token’s short-term efficiency.

For the second, SUNDOG is seeing a pointy drop, however it might probably stabilize as soon as the RSI worth drops to the impartial zone, after which it might probably begin seeing a brand new surge if merchants transfer in to purchase the dip.

Alternatively, the worth might proceed to sink deeper till the RSI hits the oversold space, which might probably deliver the token’s worth all the way down to the earlier help at $0.18.

Promising Options to Sundog

Whereas Sundog is making an attempt to return to its former parabolic trajectory, some might imagine that it’s already too late to get in on this meme coin.

Luckily, there are different alternatives accessible that would match Sundog’s stratospheric rise, and a few analysts say that PlayDoge (PLAY) is certainly one of them.

PLAY is a combination between a meme coin and a GameFi/P2E undertaking. Its presale is about to finish in lower than 4 days, and its developer is providing buyers a final probability to purchase.

Given the recognition of its presale, which has raised over $6.15 million, the PLAY token might skyrocket like Sundog.

The undertaking is predicated on a Tamagotchi-style recreation that may let you may have your personal 2D Doge pet that you may play with, practice, feed, and take part in mini-games, all whereas incomes PLAY tokens for the way effectively you carry out the duties.

Consultants like fashionable YouTuber ClayBro, with greater than 130k subscribers, imagine PLAY would possibly 10x after launch.

Proper now, the PLAY token sells for less than $0.00531, and you should purchase it with ETH, USDT, BNB, or credit score/debit playing cards. Accomplish that earlier than the upcoming finish of its presale.

Go to PLAY official web site.

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Information exhibits that Bitcoin buyers have once more assumed a sentiment of greed after BTC’s surge of $64,000. Right here’s what this might imply.

Bitcoin Concern & Greed Index Is Now Pointing At ‘Greed’

The “Concern & Greed Index” is an indicator created by Various that tells us in regards to the sentiment at the moment current among the many buyers of Bitcoin and different giant cryptocurrencies.

The metric makes use of knowledge from 5 components to find out the online market mentality: volatility, buying and selling quantity, social media sentiment, market cap dominance, and Google Developments.

The index makes use of a scale from zero to 100 to symbolize this sentiment. All values above the 53 mark correspond to the presence of greed among the many buyers, whereas these beneath 47 suggest worry out there. Naturally, values between these two cutoffs recommend a net-neutral mentality.

Now, here’s what the Bitcoin Concern & Greed Index is wanting like proper now:

The worth of the metric seems to be 55 in the intervening time | Supply: Various

As is seen above, the indicator has a price of 55, that means that the buyers are simply sharing a sentiment of greed proper now. This grasping mentality is a brand new change for the market in comparison with the current development.

The chart beneath exhibits how the worth of the index has modified over the previous yr.

Appears to be like like the worth of the indicator has shot up in current days | Supply: Various

The graph exhibits that the Bitcoin Concern & Greed Index had comparatively low values simply final week. Extra notably, the indicator had been deep contained in the worry area and fairly near a particular zone known as the intense worry.

Excessive worry happens when the index registers a price of 25 or decrease. The metric has made a number of visits into this territory throughout the previous month, with maybe probably the most notable occasion being the low that occurred alongside the value backside on August fifth.

Traditionally, Bitcoin has seen many instances of such a sample, the place dips into the intense worry area have led towards some backside for the cryptocurrency’s value.

An analogous however reverse sample has additionally been witnessed for the intense greed zone, which begins from 75 on the Concern & Greed Index. The worth all-time excessive (ATH) earlier within the yr additionally fashioned when the sentiment spiked into this territory.

Thus, it might seem that Bitcoin tends to maneuver within the path reverse to what the plenty expect. The intense sentiments symbolize the durations the place this expectation is the strongest, so it is sensible {that a} reversal would even be the more than likely to occur throughout them.

With the sentiment bettering from worry to greed just lately, buyers have began turning into bullish once more. Because the hype is just delicate for now, Bitcoin shouldn’t really feel a destructive impact.

The index might be watched within the coming days, although, as any spikes in the direction of excessive greed might function a warning that issues are getting too scorching for the asset.

BTC Worth

Bitcoin had gone as excessive as $65,000 yesterday, however the asset seems to have seen a pullback to $63,600 since then.

The worth of the coin seems to have gone stale after its current rally | Supply: BTCUSD on TradingView

Featured picture from Dall-E, Various.internet, chart from TradingView.com