Mr Miggles Price Prediction: MIGGLES Soars 25%, But Traders Flock To A New Cat-Themed Meme Coin That’s Soared 1,780% – Next Coinbase Listing?
The Mr Miggles price soared 25% in the last 24 hours to trade at $1.4026 as of 02:47 p.m. EST on trading volume that plunged 5% to $16 million.
Mr Miggles Price Gearing Up Towards A Sustained Uptrend
The Mr Miggles price has shown a significant upward momentum, breaking out of previous consolidation phase around $0.030, according to data from GeckoTerminal . A minor retracement occurred after a strong rally to the $0.17 resistance. The price is now bouncing back near the 50-day Simple Moving Average (SMA), signaling potential continuation of the bullish trend, after forming a rounding bottom pattern.
After the surge, the price of Mr Miggles now trades above both the 50-day and 200-day SMAs, which is a confirmation of the sustained uptrend.
Meanwhile, the Relative Strength Index (RSI) is currently at 55, which is in a neutral zone but trending upwards after cooling off from overbought levels. This suggests that the retracement allowed momentum to reset, creating room for further upside.
The RSI moving up from the midline (50) without entering overbought territory indicates a healthy continuation of the bullish trend without being overly extended.
The Moving Average Convergence Divergence (MACD) also supports the bullish rally, with the blue MACD line crossing above the orange signal line, forming a bullish crossover.
If the current trend continues, the price of Mr Miggles could surge even further above, as the bulls target $0.20.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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