The Fwog price has soared 27% in the last 24 hours to trade at $0.3433 as of 8:30 a.m. EST on a 34% surge in trading volume to $34 million.
Fwog Price May Continue The Bullish Trend Within The Ascending Channel
The FWOG/USD chart on a 15-minute timeframe shows an upward trend within an ascending channel, signalling a bullish movement. The price is currently around 0.3380, slightly down by 2.03%, and has been moving between the upper and lower bounds of the channel, which serve as dynamic resistance and support levels.
FWOGUSD Analysis, Source: Dextools.io
A notable “Golden Cross” has occurred, with the 50-period moving average (0.3157) crossing above the 200-period moving average (0.2877). This crossover typically signals further bullish momentum as the price remains well above both SMAs. Additionally, a support level around the 0.30 price area provides a strong base for the price if it faces a pullback.
The indicators support the bullish outlook. The MACD shows a slight positive momentum, with the MACD line (0.0011) above the signal line (0.0074) and positive histogram bars, suggesting that the upward movement could continue.
The RSI is at 61.89, indicating moderate bullish momentum with room to rise before reaching overbought levels (70). If RSI increases, it could hint at further Fwog price gains, while a decrease might signal a potential pullback.
The price action suggests bullish potential, but the upper boundary of the channel may act as resistance.
A pullback to support levels, around 0.30 or near the 50-period MA, could provide buying opportunities.
New Meme Coin Casino Presale Raises Over $563K – Next Crypto To Explode?
As the Fwog price traders anticipate a potential bullish rally, investors are also socking cash into the new meme coin casino project Memebet Casino (MEMEBET Token), which has already raised over $563K in its early presale.
The MEMEBET Token is a unique new online casino that allows holders to wager with popular meme coins like Dogecoin, Pepe, Shiba Inu and more, for the first time.
Accessible directly through Telegram or the web, Memebet Casino will operate as a no-KYC betting platform, offering options for gambling on slots, table games, and sports.
Memebet Token: The Casino for Meme Enthusiasts!
Get ready for Memebet Casino, the only platform where you can gamble with your favorite meme coins.
Hold $MEMEBET and unlock exclusive VIP perks,
massive airdrops, and Play-to-Earn rewards.
💰 The more you play, the more you… pic.twitter.com/SBYXzeXQmm
— Matt Gems (@MattShiller_) October 29, 2024
The project promises rewards for $MEMEBET Token holders and high rollers, including bonuses and access to an exclusive VIP community with special perks for top bettors.
Popular crypto analyst and YouTuber ClayBro, with over 130K subscribers, says the project ”is getting ready to lead crypto gaming.”
Additionally, users can wager with the Memebet Token and earn a share of rewards from the Memebet Airdrop campaign. Current airdrop rewards are available to those who use the Memebet Token during the presale, with future airdrops planned for regular casino users.
Once the casino goes live, token holders will also gain access to special challenges and exclusive bonuses. The developer has allocated 20% of the total 2 billion token supply for casino rewards, including airdrops and loot boxes.
These loot boxes will provide token holders with various bonuses, freebies, and even real-world prizes.
The MEMEBET Token, priced at $0.0264, can be purchased using $ETH, $BNB, $MATIC, $USDT, or a bank card.
Interested investors shouldn’t wait around too long before buying because the price will increase in less than four days.
To buy MEMEBET Token visit the official website here.
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