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The Popcat price soared 7% in the last 24 hours to trade at $0.6032 as of 00:41 a.m. EST on trading volume that skyrocketed 15% to $78 million.
The Popcat price has been on a tear since August 23 after Binance announced the listing of its perpetual contract.
Popcat Price Aims For A Continued Bullish Trend Reversal
After encountering resistance around $0.77, the Popcat price dropped back to the $0.519 support zone, according to data from GeckoTerminal. The bulls then capitalized on this support to push the price of Popcat up to the immediate resistance around $0.62, forming a rounding bottom pattern.
The price of Popcat now trades above the 200-day Simple Moving Average (SMA). A sustained trend could see POPCAT overcome the immediate resistance at $0.6388 (50-day SMA).
Moreover, the Relative Strength Index (RSI) is soaring above the 50-midline level, currently at 52, which shows that buying pressure is building up at this level.
The Moving Average Convergence Divergence (MACD) is also rebounding, as it moves towards the zero line, indicating that POPCAT is on positive momentum. A bullish crossover is also formed as the blue MACD line crosses above the orange signal line.
If the bulls capitalize on the rounding bottom and the buying signals by the major indicators, the price of Popcat could soar, as the bulls currently target $0.715.
Conversely, if the bears take control of the price at this level, the price of Popcat could plunge back to the $0.519 support, which could form a double bottom pattern.
Meanwhile, investors are rushing to buy a new Solana GameFi project called Mega Dice (DICE), which has less than 4 hours left before a price hike.
According to 99Bitcoins, a prominent crypto channel on YouTube with more than 706k subscribers, $DICE has the potential to surge 100X after its launch.
Buy Mega Dice Now Before Its Final Price Increase
DICE is the native token for Mega Dice Casino, a crypto casino and gaming platform with over 11,000 users who place more than $50 million in bets every month.
The Mega Dice presale has already raised more than $1.77 million, underscoring investor confidence in the project.
WARNING: Time's Almost Up to Grab $DICE at the Lowest Price! 🚨
The $DICE presale is about to close its doors, with the last price increase happening this Tuesday! This is your absolute final chance to get in on the best #GameFi token on #Solana before the price skyrockets! ⏳… pic.twitter.com/vzF1t77DsA
— Mega Dice Casino (@megadice) August 30, 2024
Users on the platform also enjoy over 4,000 casino games and have access to over 50 sports and eSports betting options.
Its already utility-packed native token, $DICE, is currently in presale and recently gained an added feature: staking. So, in addition to unlocking lucrative rewards, cashback, and exclusive promotions, $DICE holders can now earn passive income as well.
DICE tokens are currently priced at $0.110529 each. With a price hike coming in less than 4 hours, interested investors should lock in the best deal now.
To join the presale, you can buy $DICE on the official website here using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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