The Moca Network price has skyrocketed 147% in the last 24 hours to trade at $0.2121 as of 8:40 a.m. EST on a 7,089% pump in trading volume to $1.2 billion.
This surge in MOCA’s price follows the recent announcement of its listing on Binance’s Futures platform. With the launch of MOCAUSDT perpetual contracts offering up to 75x leverage, investor excitement has increased, driving the token’s momentum.
$MOCA LIST FUTURE BINANCE
LFG @Moca_Network pic.twitter.com/u944ewPZfU
— Tuấn Tú💼 🪐 (@tuan_tu_crypto) December 16, 2024
The listing and interest from other top exchanges have contributed to a positive market sentiment. Additionally, with capped funding rates of +2%/-2%, MOCA’s inclusion enhances trading opportunities and further strengthens confidence in its potential for sustained growth.
The MOCA/USD chart on the 1-hour timeframe shows a spike breakout followed by a sharp retracement. Initially, the price moved from a prolonged consolidation zone into a steep upward rally, peaking around $0.45.
However, this rally was unsustainable, leading to a rapid decline to the current support level at $0.1973. This area is acting as a temporary floor, as seen in the current price stabilising. If the price breaks below this level, the next key support could be near the 200-period moving average at $0.099.
MOCA/USD Analysis Source: Dextools.io
The technical indicators reflect mixed signals. The 50-period moving average (0.137) recently crossed above the 200-period moving average (0.099), which is typically a bullish signal. However, the bearish move following the crossover suggests a weakening upward momentum.
The MACD indicator confirms this, with the MACD line at -0.0106 crossing below the signal line (0.025) and a red histogram indicating bearish pressure.
Meanwhile, the RSI is at 50.98, reflecting neutral conditions after resetting from overbought levels during the rally.
The MOCA price faces a critical moment at the $0.1973 support level. If buyers can defend this area, the price may attempt a recovery towards resistance levels near $0.25.
On the other hand, a breakdown below this support could lead to further declines, with the next major support near $0.099.
As Moca Network prepares for its next upward move, traders are turning their attention to Crypto All-Stars (STARS), a new meme coin project that has quickly become one of the largest ICOs of the year, raising over $18.7 million so far.
With less than 4 days remaining before its listing on major exchanges, interest in STARS is surging.
Popular crypto YouTuber ClayBro, who boasts 133K subscribers, has predicted that STARS could experience a 10X price surge upon its launch.
The project’s innovative smart contract, MemeVault, drives its success and sets it apart from other platforms. Unlike traditional smart contracts that require users to stake each meme coin separately, MemeVault allows holders to stake multiple cryptocurrencies in one place. This simplifies the staking process, making it more practical and user-friendly for meme coin enthusiasts.
Following the presale launch, the platform will support staking for 11 top meme coins: Dogecoin, Shiba Inu, Pepe, Floki, Turbo, Brett, Milady, Toshi The Cat, Coq Inu, Bonk, and Mog Coin. The team also plans to expand this list, enabling users with extensive meme coin portfolios to stake all their tokens on a single platform.
🔥 It's heating up in the All-Star House! 🔥
18 million raised and these All-Stars are hard at work to make your MemeVault dreams come true. 😉✨🚀 pic.twitter.com/446S0v6Uuu
— Crypto All-Stars (@all_stars_coin) December 16, 2024
Holders can stake STARS tokens for a huge annual return of 159%.
The STARS token is currently priced at $0.0016782 and can be purchased using ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE, or a bank card.