{"id":572197,"date":"2024-09-03T08:30:38","date_gmt":"2024-09-03T08:30:38","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=572197"},"modified":"2024-09-03T08:30:38","modified_gmt":"2024-09-03T08:30:38","slug":"popcat-price-prediction-popcat-pumps-7-but-investors-rush-to-buy-this-solana-gamefi-token-before-a-price-hike","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/popcat-price-prediction-popcat-pumps-7-but-investors-rush-to-buy-this-solana-gamefi-token-before-a-price-hike","title":{"rendered":"Popcat Price Prediction: POPCAT Pumps 7%, But Investors Rush To Buy This Solana GameFi Token Before A Price Hike"},"content":{"rendered":"

The Popcat price soared 7% in the last 24 hours <\/span>to trade at $0.6032<\/span><\/a> as of 00:41 a.m. EST on trading volume that skyrocketed 15% to $78 million.<\/span><\/p>\n

The Popcat price<\/span><\/a> has been on a tear since August 23 after Binance announced the listing of its perpetual contract.<\/span><\/p>\n

Popcat Price Aims For A Continued Bullish Trend Reversal<\/h2>\n

After encountering resistance around $0.77, the Popcat price dropped back to the $0.519 support zone, according to data from <\/span>GeckoTerminal<\/span><\/a>. 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.<\/span><\/p>\n

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).<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

\"Popcat
POPCATUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

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.<\/span><\/p>\n

Meanwhile, investors are rushing to buy a new Solana GameFi project called <\/span>Mega Dice (DICE)<\/span><\/a>, which has less than 4 hours left before a price hike.<\/span><\/p>\n

According to 99Bitcoins, a prominent crypto channel on YouTube with more than 706k subscribers, $DICE has the potential to surge 100X after its launch.<\/span><\/p>\n