2024

FOMO

Coin

<p>MOG Coin (MOG) has experienced a decline in price, trading at $0.0000017541, down 1.06%&nbsp; in the last 24 hours. Analysts focus on critical support around $0.0000017000 and resistance near $0.0000020000.</p> 
<p>Market segments were still bearish at press time, and most technical indicators were bearish, pointing toward further downside movements</p> 
<h2 class="wp-block-heading" id="h-mog-coin-price-action-and-technical-indicators"><strong>MOG Coin Price Action and Technical Indicators</strong></h2> 
<p>The current price of&nbsp;<a href="https://www.thecoinrepublic.com/2024/08/31/mog-coin-price-prediction-turnaround-imminent-as-whales-increase-holdings/">MOG</a>&nbsp;has fallen slightly after reaching a local high at the beginning of October.</p> 
<p>Although it has been trying to rise back to earlier lows, the price is still bearish near support levels. The immediate support was at $0.000001700, while the next resistance level was at $0.0000020000.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="560" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-7-4-1024x560.png" alt="1-day MOG trading chart| Source TradingView" class="wp-image-798868" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-7-4-1024x560.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-7-4-300x164.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-7-4-768x420.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-7-4-150x82.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-7-4-696x381.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-7-4-1068x585.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-7-4.png 1341w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  1-day MOG trading chart| Source TradingView
 </figcaption>
</figure> 
<p>The Relative Strength Index (RSI) stood at 49.46, which is a neutral level. If it goes above the 50 level, the bulls will have taken over the Market. However, any further down movements from its current readings would suggest selling pressure.</p> 
<p>MACD gave a negative signal where the MACD line was -0.0000004123, and the signal line was 0.000001505. A reversal may occur if the MACD line crosses above the signal line, suggesting a potential trend change to the upside.</p> 
<h2 class="wp-block-heading" id="h-analysts-weigh-in-on-mog-s-potential"><strong>Analysts Weigh in on MOG’s Potential</strong></h2> 
<p>Even though the market looks volatile, analysts are giving positive feedback. Analyst McL765l still has high expectations for MOG.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24MOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MOG</a> is different. While everyone waits for Altseason, the market has already chosen its winners. mog is currently just 13% from its peak, and the distribution is massive. The explosion could be so fast that the FOMO will be inevitable<br><br>Disgustingly higher imo <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1faf5.png" alt="🫵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f639.png" alt="😹" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/ymcrwzBb6F">pic.twitter.com/ymcrwzBb6F</a></p>— McL765lt
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1faf5.png" alt="🫵" class="wp-smiley" style="height: 1em; max-height: 1em;">
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f639.png" alt="😹" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@McL765l) <a href="https://twitter.com/McL765l/status/1848743816452325851?ref_src=twsrc%5Etfw">October 22, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>“While everyone waits for Altseason, the market has already chosen its winners,” he stated.</p> 
<p>McL765l said that MOG coin was only 13% away from reaching its all-time high and had a high distribution, which indicated a sudden upward move.</p> 
<p>The analyst also implied that with the upward movement in MOG, it could quickly surge, creating FOMO among investors. However, he also underlined the need to maintain support levels if there is to be any rebound in the market.</p> 
<p>Another analyst, ChjokkaBonito, shared a strategic view on MOG’s price action through a post on X. “Clear rejection on the support line for $MOG,” he observed, indicating a possible buying opportunity. He added, “Opened a long right here (will short if it breaks this line),” suggesting caution if support fails.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Clear rejection on support line for <a href="https://twitter.com/search?q=%24MOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MOG</a> <br><br>Opened a long right here<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fae1.png" alt="🫡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (will short if it breaks this line)<br><br>Target: $1B <a href="https://t.co/Jwlb6n59nU">pic.twitter.com/Jwlb6n59nU</a></p>— chjokka
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@ChjokkaBonito) <a href="https://twitter.com/ChjokkaBonito/status/1850400441177444358?ref_src=twsrc%5Etfw">October 27, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
<h2 class="wp-block-heading" id="h-market-sentiment-and-key-levels-to-monitor"><strong>Market Sentiment and Key Levels to Monitor</strong></h2> 
<p>If MOG fails to hold above $0.0000017000, analysts suggest that further downside could be possible, potentially testing levels closer to $0.0000015000.</p> 
<p><a href="https://www.thecoinrepublic.com/2024/10/19/mog-coin-targets-0-00000340-after-testing-key-resistance/">Technical indicators</a>&nbsp;like the MACD and RSI remained critical in gauging shifts in momentum. Traders will have to watch closely for signs of a reversal or continuation of the current trend.</p> 
<p>The post <a href="https://www.thecoinrepublic.com/2024/10/28/mog-coin-price-analysis-bears-dominate-as-analysts-eye-key-levels/">MOG Coin Price Analysis: Bears Dominate as Analysts Eye Key Levels</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.</p>

MOG Coin Price Analysis: Bears Dominate as Analysts Eye Key Levels

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