Over the past 24 hours, intraday trading activity has skyrocketed across the crypto market, and sentiment has become more and more bullish. This momentum is reflected in its total market capitalization of over $221 billion.
With increasing purchasing pressure across the market, Saros, Moodeng and Pepe are some of the most searched assets of today.
Saros (Saros)
Saros is up today at a modest 3%. This is one of the things trending Altcoins traders are considering today. It is currently trading at $0.15, with technical indicators suggesting that Altcoin could extend the rally.
For example, measurements from the moving average convergence divergence (MACD) indicator confirm this bullish outlook. On the daily charts, Saros’ MACD line (blue) is above the signal line, showing a bullish trend.
Furthermore, the histogram bar, which reflects the strength of its momentum, has gradually grown over the past few days, reflecting the growing demand for AltCoin.
When the asset’s MACD is set like this, an upward momentum is built and the buyer is gaining control. If accumulation continues, Saros can revisit an all-time high of $0.17.
However, if you make a profit, your token could drop to $0.14.
Moo Deng (Moodeng)
Pygmy Hippo-themed Meme Coin Moodeng is another Altcoin trend today. It is currently trading at $0.12, a 153% increase. At current prices, Moodeng will hand over the hands at the price level last observed on January 31st.
On the daily chart, Moodeng’s Chaikin Money Flow (CMF) is on the rise, indicating the demand for climbing meme coins. It is currently 0.22.
This momentum indicator measures the money you enter and exit your assets. Such positive CMF reads indicate preference for the accumulation of Moodeng in Traders. This bullish trend suggests the continuation of memecoin rallies.
If your purchasing activity is high, Moodeng could rise to $0.15.
Meanwhile, the bearish reversal in the current trend could potentially send Moodeng’s price to $0.09.
Pepe (pepe)
Pepe is another meme coin that traders are paying attention to today. Frog themed meme coins have seen 32% of their value rockets in the past day.
During that period, its trading volume has skyrocketed by over 290%, highlighting a surge in investor interest and active participation in the market.
The asset price and trading volume gather together simultaneously shows strong bullish momentum and increased confidence among traders. The increase in volume confirms that Pepe’s price movements are backed by actual demand rather than speculation.
If this continues, the value of the token could reach $0.000014.
Conversely, if a sale begins, Pepe’s price could drop to $0.000012.
Disclaimer
In line with Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Although Beincrypto is committed to accurate and unbiased reporting, market conditions are subject to change without notice. Always carry out your research and consult with an expert before making any financial decisions. Please note that our terms and conditions, privacy policy and disclaimer have been updated.
