Moo Deng falls more than 22% after market debut with 'meteoric rise'
Moo Deng's Market Decline: The Solana-based meme coin Moo Deng has experienced a significant drop, falling 22% in the last 24 hours and nearly 45% over the past week, with its market cap decreasing from over $300 million to $90 million.
Impact of Viral Fame: Inspired by a viral pygmy hippo, Moo Deng initially surged in popularity but is now struggling to maintain its value, highlighting the volatility of meme coins and the importance of community support for sustained success.
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Technical Analysis for DATA
Technical Sentiment Analysis for Streamr (DATA) As of , Streamr (DATA) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DATA stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, DATA is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Streamr (DATA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00155 | -0.000017 | 0.00123 | 0.00276 | 0.00401 | 0.00554 | 0.00679 |
| Fibonacci | -0.000017 | 0.00104 | 0.0017 | 0.00276 | 0.00382 | 0.00448 | 0.00554 |
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