{"id":2149,"date":"2025-06-05T12:39:36","date_gmt":"2025-06-05T12:39:36","guid":{"rendered":"https:\/\/bitunikey.com\/news\/moonchain-price-surges-70-eyes-uptrend-continuation-after-key-level-reclaim\/"},"modified":"2025-06-05T12:39:36","modified_gmt":"2025-06-05T12:39:36","slug":"moonchain-price-surges-70-eyes-uptrend-continuation-after-key-level-reclaim","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/moonchain-price-surges-70-eyes-uptrend-continuation-after-key-level-reclaim\/","title":{"rendered":"Moonchain price surges 70%, eyes uptrend continuation after key level reclaim"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">MXC price has reclaimed a key level around $0.0040 and keeps holding above it, potentially printing a higher low and keeping on track to resume the uptrend.<\/p>\n<p>Moonchain (MXC) has surged 70% in the past 24 hours and is currently trading at $0.0042. The token is rebounding strongly after a sharp pullback to $0.0023, following a parabolic rally that saw its price skyrocket from around $0.0010 to a peak of $0.0061 in just two days \u2014 a 500%+ gain. The trading volume is still elevated compared to the pre-breakout levels, indicating sustained interest and the potential for continued volatility.<\/p>\n<p>Looking at the 4-hour hour chart, MXC price recently reclaimed the EMA 20 and keeps holding well above it as the moving average begins to slope upwards \u2014 a bullish sign. With the latest explosive move, it has also reclaimed a key level at around $0.0040, having peaked briefly at $ 0.0048. At press time, it continues to hold this $0.0040 level, a former resistance from a previous swing high that has now flipped into support.<\/p>\n<figure class=\"wp-block-image size-full\"><picture decoding=\"async\" class=\"wp-image-14386079\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/?symbol=KUCOIN%3AMXCUSDT\" target=\"_blank\">TradingVolume<\/a><\/figcaption><\/figure>\n<p>The current structure suggests the formation of a higher low, hinting at a possible continuation of the upward trend if momentum and buying pressure persist. <\/p>\n<p>The immediate resistance to watch is $0.0048 \u2014 the intraday peak from earlier today, marking a potential new swing high in the uptrend market structure. A decisive move above this level, would open the door for a push toward the next resistance at $0.0051, a prior rejection zone during the late May rally before the second leg up to the $0.0061 peak.<\/p>\n<p>If $0.0048 marks the latest swing high, the potential higher low might form somewhere around the $0.0040 level. However, there\u2019s still a chance the latest 4-hour candle closes higher, which could mark a higher swing high, potentially around $0.0051.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MXC price has reclaimed a key level around $0.0040 and keeps holding above it, potentially printing a higher low and keeping on track to resume the uptrend. Moonchain (MXC) has&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=2149"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2149\/revisions"}],"predecessor-version":[{"id":2151,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2149\/revisions\/2151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2150"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=2149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=2149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=2149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}