The MEW (Cat in a Dogs World) token has been on a recent bull run, hitting a new all-time high (ATH) of $0.01043 today. With impressive market performance and bullish technical indicators, the token is on track to make a new breakout. Will MEW surpass its current new ATH and what are the key factors driving its growth?

MEW Token New ATH

MEW Token (Cat in a Dogs World) has been making waves in the crypto market with its remarkable performance over the past month. As of October 21, 2024, the MEW token recorded a new all-time high (ATH) of $0.01043, indicating strong potential to break through this resistance level. With the token’s current price of $0.009627 and key technical indicators showing bullish momentum, many investors are wondering if the MEW price is on the verge of another new ATH.

MEW Bullish Momentum: Full Price Analysis

1- Recent price spike and market performance

MEW Token has seen a significant price increase, with a price increase of +12.74% in the last 24 hours alone. Over the past week, the token has increased by +31.26% and over the past month, it has skyrocketed by +86.54%. These figures show a strong uptrend and continued interest in MEW among traders and investors.

One of the driving forces behind this recent surge was a spike in 24-hour trading volume, which jumped +414.79%, bringing the total daily trading volume to $364.29 million. This sharp increase in liquidity is typically a strong indicator of continued price growth, as more buyers are entering the market. Additionally, MEW’s market cap increased +12.78% to $856.34 million, indicating significant capital inflows and investor confidence.

2- MEW Technical Analysis

Several technical indicators suggest that MEW Token price is well positioned to continue rising:

  • Relative Strength Index (RSI): At 70.28, the RSI is approaching overbought territory but remains neutral, suggesting further upside is still possible.

  • Moving Averages: MEW's price is well above both the 100-day and 200-day Simple and Exponential Moving Averages (SMA and EMA), both of which signal strong buy signals. Specifically, the 100-day EMA is at $0.00566840 and the 200-day EMA is at $0.00496063, both of which are well below the current price, confirming the bullish trend.

  • MACD: The MACD (Moving Average Convergence Divergence) line has given a buy signal, with the MACD line crossing above the signal line, further supporting the possibility of a breakout towards a new ATH.


Although there is a small sell signal from the momentum indicator, this can often occur during a profit-taking phase after a significant price increase. Overall, the technical data suggests a strong case for continued bullish sentiment.

3- MEW Historical Performance and Growth

Since its launch on March 26, 2024, MEW has seen impressive growth, especially from its all-time low of $0.000844 in March, up +1041.56% to its current price. This explosive growth highlights the token’s potential and popularity in a competitive market.

MEW’s all-time high of $0.01043 was reached earlier today, October 21, 2024, after surpassing its previous ATH of $0.010004, a milestone reached just months after its launch. With the current price just 7.61% below that peak, another new ATH looks within reach if the current bullish momentum holds.

MEW Price Prediction: Will MEW Token Reach New ATH?

Given the token’s strong market performance, bullish technical indicators, and rising trading volume, it is highly likely that MEW will retest or even surpass its previous ATH in the coming days. The Relative Strength Index (RSI) and MACD indicate that bullish momentum remains intact, while strong buy signals from both the 100-day and 200-day moving averages continue to support the token’s upward trajectory.

The next important levels to watch are the resistance around $0.01043, followed by potential higher targets if MEW can break above and sustain its bullish momentum. Investors should keep an eye on the RSI for overbought conditions, as this could lead to short-term corrections. However, with rising trading volume and a solid market cap, MEW appears poised for further upside.

MEW Token has shown significant growth since its launch and its current price action suggests that it is likely to reach a new all-time high soon. With a +12.74% growth in the last 24 hours and a +86.54% increase in the past month, coupled with strong buy signals from technical indicators, the token has the momentum needed to break above previous resistance levels.

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