Popcat Price Prediction: POPCAT Soars 27%, But Analysts Turn To This Dog-Themed ICO For Explosive Potential

The Popcat price soared 27% in the last 24 hours to trade at $0.7411 as of 3.30 a.m. EST on trading volume that skyrocketed 60% to $121.3 million.

Launched in the final days of 2023, Popcat has soared 4,480% so far this year. Of course, it was still subject to volatility, but whenever the market sentiment allowed it, the token’s price was soaring, which suggests that it has a loyal community ready to pump the project’s price at a moment’s notice.

This is exactly what is happening right now with this surge. With crypto prices pumping over the weekend, Popcat emerged as one of the top-performing meme coins, currently ranking as the third-best gainer on both a 24-hour and 7-day basis.

Not only that but by climbing to the price of $0.75 only hours earlier, the project officially reached a new all-time high. However, this ended up being a very strong resistance, likely at a psychological level, which prevented POPCAT from breaching it.

Even though the price was rejected and it saw a slight drop, it does not seem like it will go too far down.

Popcat Price Prediction

Popcat saw a massive surge over the weekend, going from $0.60 to $0.75 in under 24 hours. However, now that the token has hit the resistance at $0.75, many are wondering what will happen next. The big question is whether the token can breach this barrier, or if its price will simply get rejected and see a correction.

While the answer is far from clear, there are some hints that can be drawn from certain technical indicators. For example, the token’s Bollinger bands have seen a massive widening, with the price mostly sticking to the upper band, driving it further up over the last few days. This is a very bullish sign, and while it did step away from the upper band over the last few hours, it didn’t go very far, still keeping its distance from the middle space between the two bands.

However, the token’s Relative Strength Index (RSI) value might give some traders a reason to sell. The RSI score went from the neutral area to the overbought zone in the last day, going from the value of 40 to 85.18.

This is likely the reason its price dropped slightly after reaching the resistance, as many who closely monitor the RSI value have likely sold once the RSI ventured into the overbought zone. However, while the RSI dropped to 66.11 in the following hours, it has since stopped its descent and is showing signs of a return to its surge.

This suggests that more traders are joining the rally and are buying POPCAT despite the indicators, which, in turn, means that POPCAT could see its price go back up to the resistance at $0.75, and potentially even break it in the hours to come.

Promising Alternative to Popcat

While Popcat has a chance to mount a second attack at the resistance that is holding it back, there are many who believe that it is already too late to buy the token now, as it has already had a strong surge over the last few days.

Investors like these might be interested in a project that is still in presale that has yet to blow up the way Popcat has. Such a project is Base Dawgz (DAWGZ) — a new meme coin developed on the Base blockchain, but also one that will operate simultaneously on five different chains once it launches.

Apart from its native Base, it will also launch on Ethereum, Avalanche, BSC, and Solana.

Thanks to Portal Bridge and Wormhole technologies, the project will enable quick and easy transfers of funds between these chains.

This will allow users to move their money to whichever chain they wish. They will be able to access Ethereum’s DEXes, Solana’s low fees and high speeds, Binance’s own DeFi and other sectors, and more.

The project’s potential has even been recognized by YouTube channel Cryptonews, which said that DAWGZ is going to explode after launch.

If you would like to join investors who have pumped $2.5 million into DAWGZ, you can buy its tokens for $0.0061 using ETH, USDT, USDC, BNB, BUSD, AVAX, or SOL.

The price will increase in a little more than 17 hours so don’t wait too long if you plan to add it to your portfolio.

Visit the official DAWGZ website here.

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