Moodeng today's technical analysis

Moo Deng (MOODENG) Technical Analysis

Current Price and Market Performance

• Current Price: $0.3637
• 24-Hour Change: +18.12%
• Opening Price: $0.3178
• Trading Volume: 382,849,502 MOODENG coins, equivalent to $139,224,068 (source).

Recent Price Movements

• Price Increase: The price has surged by 14.44% from the opening price today.
• Daily Low: $0.3126
• Recent High: $0.3786, though it failed to maintain this level (source).

Historical Performance

• Monthly Gain: +191.95%
• Weekly Gain: +119.51%
• 52-Week Range: $0.0401 (low) to $0.3429 (high) (source).

Support and Resistance Levels

• First Support Level: $0.3429
• Next Support Level: $0.2500 if the first support does not hold (source).

Market Capitalization

• Market Cap: $360 million
• Rank: #149 among cryptocurrencies (source).

Technical Indicators

• Moving Averages: Calculated on daily data, indicating a bullish trend given the recent price surge.
• Relative Strength Index (RSI): Likely approaching overbought territory due to the rapid price increase (source).

Trading Volume and Exchange Activity

• Exchanges: MOODENG is available on 18 exchanges.
• Volume by Exchange: Indicates significant trading activity, with depth available within +/- 2% of the current market price (source).

Summary

Moo Deng (MOODENG) has experienced a significant price increase over the past month, with a notable 18.12% rise in the last 24 hours. The cryptocurrency is currently trading above its previous 52-week high, indicating strong bullish momentum. However, traders should watch the support levels at $0.3429 and $0.2500 in case of a price correction. The market cap of $360 million places MOODENG at rank #149, reflecting its growing presence in the cryptocurrency market.