Mog Coin (MOG) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Mog Coin price prediction, the price of Mog Coin is predicted to rise by 228.23% and reach $ 0.0₅3439 by October 14, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 50 (Neutral). Mog Coin recorded 15/30 (50%) green days with 14.29% price volatility over the last 30 days. Based on the Mog Coin forecast, it's now a good time to buy Mog Coin.

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Based on the historical price movements of Mog Coin and the BTC halving cycles, the yearly low Mog Coin price prediction for 2025 is estimated at $ 0.0₅1048. Meanwhile, the price of Mog Coin is predicted to reach as high as $ 0.0₅4954 next year. Using the same basis, here is the Mog Coin price prediction for each year up until 2030.

Mog Coin price prediction 2025

The Mog Coin price prediction for 2025 is currently between $ 0.0₅1048 on the lower end and $ 0.0₅4954 on the high end. Compared to today’s price, Mog Coin could gain 381.58% by 2025 if MOG reaches the upper price target.

Mog Coin price prediction 2030

The Mog Coin price prediction for 2030 is currently between $ 0.0₅2645 on the lower end and $ 0.0₅4289 on the high end. Compared to today’s price, Mog Coin could gain 316.90% by 2030 if it reaches the upper price target.

Mog Coin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Mog Coin's 200-day SMA will rise in the next month and will hit $ 0.0₅1182 by Oct 14, 2024. Mog Coin's short-term 50-Day SMA is estimated to hit $ 0.0₅1637 by Oct 14, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 53.88, which indicates that the MOG market is in a neutral position.

Popular MOG Moving Averages and Oscillators for Sat, Sep 14, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Mog Coin Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Mog Coin Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.0₅1059, Mog Coin has support levels of $ 0.0₅1006, $ 0.0₆9273, and the strongest at $ 0.0₆8748. Similarly, Mog Coin resistance levels are at $ 0.0₅1138, $ 0.0₅1190, and $ 0.0₅1269.

Mog Coin Correlation

Over the past 7 days, Mog Coin price was most positively correlated with the price of and most negatively correlated with the price of .

Mog Coin price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Mog Coin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Mog Coin, a move in one direction for Mog Coin would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Mog Coin price in the future, it’s helpful to also explore Mog Coin’s price history. In the last month, the MOG/USD pair is down .

How to read and predict Mog Coin price movements?

Mog Coin traders use a variety of tools to try and determine the direction in which the MOG market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Mog Coin price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Mog Coin Price Prediction Indicators

Moving averages are among the most popular Mog Coin price prediction tools. As the name suggests, a moving average provides the average closing price for MOG over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for MOG is a sum of MOG’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the MOG price moves above any of these averages, it is generally seen as a bullish sign for Mog Coin. Conversely, a drop below an important moving average is usually a sign of weakness in the MOG market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the MOG price.

How to read Mog Coin charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Mog Coin with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Mog Coin’s price action in 1-hour chunks. Each candlestick will display MOG’s opening price, closing price, as well as the highest and lowest prices that Mog Coin reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Mog Coin?

Just like with any other asset, the price action of Mog Coin is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of MOG. The market capitalization of Mog Coin can change significantly in a short period of time.

When trying to make a Mog Coin forecast, many traders also try to monitor the activity of MOG “whales”, which are entities and individuals that control large amounts of MOG. Since the Mog Coin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Mog Coin’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.