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Mog Coin (MOG) Price Rallies 250% — This Resistance Could Decide What Comes Next

Published 08 May 2025
Valdrin Tahiri
Authors
Edited by Ryan James

Key Takeaways

  • Mog Coin (MOG) fell over 90% after its all-time high.
  • The price reversed its trend in March, rallying by 250%.
  • Is the MOG correction over, and if so, what’s next?

Mog Coin (MOG) was one of the best-performing memecoins in 2024, rallying over 4,000% until reaching an all-time high in December.

2025 has been the opposite, leading to a 90% price decline. However, optimism is back after a 250% rally since April, which has taken MOG to the precipice of a bullish trend reversal.

Let’s look at the charts and see what’s next.

Mog Coin Recovers

The Mog Coin price fell by 92% after its all-time high, barely retracing during its sharp decline.

Interestingly, MOG failed to even bounce at the $0.00000092 horizontal area, the most often touched level in its price history.

However, Mog Coin reversed its trend after falling to a low of $0.00000027 and has increased 250% since.

Today, the MOG price trades inside the $0.00000092 resistance area and attempts to break out.

A successful breakout would be a strong sign that the correction is over, since the area will likely provide support moving forward.

MOG Movement
MOG/USDT Weekly Chart | Credit: Valdrin Tahiri/TradingView

Technical indicators are at critical levels. The Relative Strength Index (RSI) is increasing and is nearly at 50.

The Moving Average Convergence/Divergence (MACD) is also rallying and is close to a bullish cross (black circle).

So, whether MOG breaks out above $0.00000092 will impact whether the technical indicators turn bullish.

Local Top Soon?

The wave count gives a bearish short-term Mog Coin prediction but suggests the price will eventually break out above $0.00000092.

This is because MOG completed a five-wave downward movement (red) and has started an A-B-C correction (green).

Wave C will likely cause a breakout above the current resistance, taking the price to $0.00000172.

MOG Wave Count
MOG/USDT Daily Chart | Credit: Valdrin Tahiri/TradingView

However, the sub-wave count (black) shows wave A nearing its end, suggesting a correction could begin before the eventual breakout.

If one occurs, the Mog Coin price could find support close to $0.00000045.

Correction Before Rally

Mog Coin has shown immense strength by rallying 250% since its April lows.

The price has now reached a key resistance area that can determine the future trend.

The wave count suggests MOG will eventually break out from this area, but an initial decline is likely beforehand.

Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri

Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.

He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.

Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.

He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.

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