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The Popcat price soared 12% in the last 24 hours to trade at $0.4591 as of 12:20 a.m. EST on trading volume that skyrocketed 59% to $223 million.
Popcat Price Gearing Up For A Bullish Trend Reversal
The POPCAT price reflects a notable shift in sentiment, transitioning from a prolonged downtrend into a potential bullish reversal.
After reaching highs above $1.80 in late 2024, the Popcat price underwent a steep decline, forming a rounded bottom pattern over the following months. This classic accumulation structure indicates a gradual exhaustion of selling pressure followed by increasing buying interest.
The breakout above the horizontal resistance near $0.1598 confirms the bottoming formation, suggesting a significant trend reversal, as GeckoTerminal data shows.
Currently, the price of Popcat is trading around $0.4591 and has decisively moved above the 50-day Simple Moving Average (SMA), which now acts as support at $0.2695.
The 200-day SMA, however, remains above the current price at $0.6863, indicating that while short-term momentum is bullish, the longer-term trend is still in the process of realigning.
Meanwhile, the Relative Strength Index (RSI) stands at 69.32, hovering just below the overbought threshold of 70. This level reflects strong bullish momentum.
Moreover, the Moving Average Convergence Divergence (MACD) presents a bullish outlook. The MACD line (blue) is trading above the signal line (orange), and both are in positive territory.
This crossover and upward divergence signal growing bullish momentum, consistent with the breakout from the bottom formation.
POPCAT Price Prediction
Based on the completion of the rounded bottom pattern and the strength of the breakout, the next major resistance zone lies near $0.60, representing a potential 69% upside from the current POPCAT price.
A break above $0.60 would likely open the door toward the $0.80-$1.00 range. Conversely, if the Popcat price plunges back, the 50-day SMA at $0.26 acts as a cushion against downward pressure.
Meanwhile, investors are flocking to buy a new Solana project called Solaxy (SOLX). Popular YouTube channel 99Bitcoins, with over 725K subscribers, says the crypto has the potential to soar 100X post-launch.
Solaxy Presale Blasts Past $33.6 Million – Next Big Crypto?
With its $33.63 million presale raise, Solaxy has officially become the largest ICO of its kind, entering uncharted territory in the crypto market.
Unlike other projects, Solaxy is building the world’s first Layer 2 solution for Solana, bringing scalability improvements similar to Ethereum’s successful Layer 2s such as Arbitrum, Optimism, and Base.
However, Solaxy stands apart as the only major player currently focused on scaling Solana, positioning it as the frontrunner in the ecosystem’s next phase of evolution.
🔥 The Solaxy Era Begins 🔥
The Solaxy TestNet Block Explorer is now live! This is the first step in bringing about $SOLX domination. 🛸🪐
Check it out for yourself below 👇https://t.co/VWq2cscsrK pic.twitter.com/8rIQfOHAwb
— SOLAXY (@SOLAXYTOKEN) April 19, 2025
By processing transactions off of Solana’s main chain, bundling them together, and submitting them to the mainnet for final verification, Solaxy’s system enhances efficiency.
Another massive utility of Solaxy is that it offers the best of both Ethereum and Solana. This is because SOLX merges the benefits of Ethereum’s liquidity and growing decentralized finance ecosystem with Solana’s efficiency and speed through bridging technology, connecting the two most prominent blockchains in the Web3 space.
Investors interested in participating in the presale can visit the official Solaxy website to buy SOLX tokens for $0.001718 each using BNB, ETH, USDT, or a bank card.
The project’s presale staking program also offers token holders a huge 119% APY. Anyone looking to buy SOLX at the best rate will want to hurry, because the token’s price will increase in around 32 hours.
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