- The volume has dropped by 35% in the past 24 hours.
- Mumu The Bull price has declined by 40% in the last 5 days.
The MUMU crypto price recorded an all-time low of $0.00000473 on April 14, 2024, and an all-time high of $0.0000331 on April 05, 2024. Since mid-May, the price has been on a bullish trend and has reached an all-time high (ATH).
The recent bullish trend was interrupted near the $0.0000300 hurdle, and a short-term profit booking was seen. After a fall of around 30%, the digital asset price has taken support on the 20-day EMA and formed positive candlesticks.
At the time of writing, the Mumu The Bull price traded at $0.0000225, up by 8.82% in the past 24 hours. The market capitalization is $21.19 Million, and the 24-hour trading volume is $3.15 Million. The total supply of Mumu The Bull coins is 2.33T MUMU, and the fully diluted market cap is $51.51 Million.
Technical Analysis of MUMU Coin on 4-H Timeframe
![MUMU](https://chezmanu-lausanne.com/wp-content/uploads/2024/06/MUMU-Price-in-Uptrend-Will-It-Attack-a-New-ATH.png)
In a 4-H time frame, the Mumu The Bull coin price has been bullish and has risen by taking minor pullbacks. The price has extended to the $0.0000320 hurdle during this bullish move. It attempted thrice to exceed this level, but the sellers were strong enough to drag it down.
The MUMU price has taken support on the 200-day EMA and surpassed the 20-day EMA. A rise in trading volume may lift the price to a new ATH. On the other hand, if it fails to defend the 200-day EMA, sellers may become confident and eye for a new all-time low (ATL).
Will MUMU Price Defend 20-day EMA Over 1-Day Timeframe
Currently, the Mumu The Bull crypto price has bounced back from the 20-day EMA with a bullish momentum of more than 8% in just a few hours. The chart structure displays that the price has been defending the 20-day EMA for the past few weeks.
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Suppose the Mumu coin price closes the running candlestick over the $0.00002500 mark, the pullback might succeed in recording a new all-time high. Alternatively, the price below the 20-day EMA might invite sellers, which may result in solid selling pressure.
At the time of writing, Mumu The Bull crypto price trades over the key moving averages, which showcases the buyers’ strength.
MUMU Price Ready to Record a New ATH in the Coming Days?
$MUMU Bull Run Just Starting
Interactions UP +288.7%
Posts w/ Interactions UP +545.3%
Followers UP +7.7%
Price UP +126.4%@mumu_bull has seen a massive surge in engagement and price over the past 30 days.
I shared in an earlier tweet that @henokcrypto is a bigโฆ pic.twitter.com/0S9c9zF4CS
— Sลka Data (@Soka_Data) June 9, 2024
A source on X claims that the number of interactions has increased by 288.70%, and the number of followers has increased by 7.70%. The average amount of interactions per fan per post has surged by 545.30%. These massive positive changes in the overall chart and underlying social data might help to lift the price to a new all-time high.
Conclusion
Mumu The Bull crypto has shown strength in defending the 20-day EMA and has bounced back with a bullish momentum of more than 8% in the past few hours. The technical analysis indicates that the MUMU price has the potential to reach a new all-time high in the coming days, especially considering the significant positive changes in the overall chart and underlying social data.
Technical Levels
Mumu price may take support on the $0.0000200 and $0.0000100 levels. If it gains bullish momentum, the MUMU crypto price can be interrupted at the $0.0000250 and $0.0000320 levels.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
The post <strong>MUMU Price in Uptrend; Will It Attack a New ATH After Pullback?</strong> appeared first on The Market Periodical.