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The KIKICat price soared 33% in the last 24 hours to trade at $0.02423 as of 11:26 p.m. EST on trading volume that rose 17% to $4.39 million.
KIKICat Price Aims For A Breakout
The KIKI price analysis on the 1-hour timeframe shows a clear downtrend leading into the formation of a symmetrical triangle pattern. Symmetrical triangles often represent periods of consolidation, and the current price is nearing the triangle’s apex, signaling that a breakout may be imminent.
The 50-day Simple Moving Average (SMA) is significantly below the 200-day MA, indicating a bearish market structure, identified as a “death cross,” according to GeckoTerminal data.
However, the KIKICat price has recently been trading above the lower boundary of the triangle, showing some buying pressure. Resistance is seen along the descending upper trendline, with the price currently testing it.
The RSI is currently at 54.47, which places it in neutral territory, slightly above the midpoint. This suggests there is neither overbought nor oversold pressure at the moment. A rising RSI above 60 could indicate a strengthening bullish momentum.
Meanwhile, the Moving Average Convergence Divergence (MACD) line has recently crossed above the signal line, forming a bullish crossover.
However, the histogram bars remain small, showing weak momentum. This indicates that while buyers attempt to push KIKI higher, they lack sufficient strength for a significant upward move.
KIKI Price Prediction
The symmetrical triangle pattern suggests that a breakout is likely to occur soon as the KIKICat price nears the apex. If the breakout is upward, the first resistance to watch is the 50-day SMA at around $0.028, followed by psychological and technical resistance at $0.030. A confirmed breakout could target the next major resistance level at $0.036 (200-day SMA).
Conversely, if the price of KIKICat breaks downward, immediate support lies at $0.020. A drop below this level could lead to further declines toward the recent low of $0.015.
Meanwhile, investors are rushing to buy the viral meme coin Catslap (SLAP), which ClayBro, a prominent crypto analyst with over 135K subscribers, says could be the next meme coin to surge 50X.
Buy Catslap Before Its $1 Million Token Burn
A new feline force is prowling through the crypto jungle with unprecedented aggression. Catslap is a fierce challenger to established cat-themed meme coins including Popcat and Mog Coin, and it’s also a vehicle for token holders to deliver powerful slaps.
Participants engage in a slapping contest to boost their own and national rankings, all the action being recorded by its Slapometer.
Crypto’s buzzing. $SLAP is about to take over. 🐱 pic.twitter.com/T9c2HIKIKc
— Catslap (@CatSlapToken) January 20, 2025
SLAP holds “Hot Token” status on Best Wallet, a fast-growing crypto wallet that connects it to over 100,000 users, boosting its visibility and momentum.
Its developer is also teasing a $1 million token burn in about 10 days, which may subsequently increase its value by reducing supply.
Catslap’s staking feature also offers a stellar 30% return.
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Catslap (SLAP) - New Cat Meme Coin On Ethereum
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