Mog Coin (MOG) is surging towards its all-time high after breaking above a key technical pattern. The meme coin has seen a massive 90% price increase in the last 30 days, with traders eyeing a potential breakout above the $0.000002 resistance level.
Meme coins have outperformed the broader cryptocurrency market given that in the last 30 days, the total meme coin market capitalization has increased by nearly 30% to $52 billion at press time per. In the last 30 days, MOG’s price has gained by around 90%, causing its market cap to double from $374 million to $787 million at press time.
MOG created a buy signal after breaking the upper boundary of this triangle pattern. The buying activity is seen in the Relative Strength Index line, which has shot up to 71.
MOG Coin Meme Coins Cryptocurrency Market Ascending Triangle Pattern Technical Analysis All-Time High
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