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The Popcat price surged 19% in the last 24 hours to trade at $1.4484 as of 03:09 a.m. EST on trading volume that skyrocketed 105% to $155 million.
Popcat Price On A Sustained Bullish Rally
According to data from GeckoTerminal, the Popcat price has been in a consolidation phase. From September 25, it was trading in a sideways pattern, within the $1.0 range. The bulls then pushed the price of Popcat through a markup phase, forming a parabolic curve, which suggests a continued bullish trend.
POPCAT now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which indicates that its price is still bullish.
The Relative Strength Index (RSI), currently at 75.79, suggests that the asset is in overbought territory. This could mean a pullback is possible, but in strong, bullish trends, the RSI can stay overbought for extended periods.
Moreover, the Moving Average Convergence Divergence (MACD) line (blue) is above the signal line (orange), confirming a bullish crossover with upward momentum. The green bars on the histogram also extend above the neutral line, which suggests that Popcat is currently on a positive momentum.
Popcat Price Prediction
According to the POPCAT/USD chart analysis, indicators show that the price is currently on sustained bullish momentum, which the bulls aim to sustain in the coming days. The price has broken out of a consolidation range, and all indicators (RSI, MACD, and MAs) confirm strong bullish momentum.
If the momentum continues, the bulls may propel the price of Popcat even further. They currently aim to push the POPCAT price above the $1.80 resistance.
The RSI is currently at 75.79, which is in the overbought zone. While this is a sign of strength, overbought conditions can lead to short-term pullbacks or consolidation periods. Additionally, after a strong upward move, assets often pull back to retest previous support levels, which in this case could be around the $1.0 level (the recent breakout zone).
As the Popcat price bulls search for more favorable buying signals, investors looking for new opportunities might want to consider a new meme coin ICO called Flockerz (FLOCK), which offers a stratospheric annual percentage yield (APY) of 3,841%.
Flockerz Presale Raises Over $495K
Flockerz is building a vote-to-earn (V2E) model that puts the community at the heart of decision-making.
While a majority of crypto projects claim decentralization, Flockerz is one of the few to deliver it. The strategy is to fuel real engagement by involving the community in meaningful decision-making.
Flockerz aims to redefine decentralization through its community-driven governance system, Flocktopia. Unlike other projects, where a select few make decisions, FLOCKERZ opens its governance to all token holders.
The flock is flying high! We’ve officially crossed $300K! pic.twitter.com/MsLc5PeoyX
— Flockerz (@FlockerzToken) September 28, 2024
In Flocktopia, decisions about the project’s future are made collectively by “The Flock,” the community of $FLOCK holders. Every member has a say, making the platform a truly decentralized and inclusive environment.
Apart from V2E rewards, users can earn passively through the platform’s staking mechanism, with a sky-high annual yield of 3,841%.
To join the presale, you can buy $FLOCK on the official website here for $0.005724 per token using BNB, ETH, USDT, or a bank card.
Buy before a price hike in less than 3 days to secure the best deal.
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