{"id":575791,"date":"2024-09-12T08:19:31","date_gmt":"2024-09-12T08:19:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=575791"},"modified":"2024-09-12T08:19:31","modified_gmt":"2024-09-12T08:19:31","slug":"simons-cat-price-prediction-cat-surges-111-in-a-month-but-investors-are-flocking-to-the-crypto-all-stars-ico-and-its-1221-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/simons-cat-price-prediction-cat-surges-111-in-a-month-but-investors-are-flocking-to-the-crypto-all-stars-ico-and-its-1221-apy","title":{"rendered":"Simon\u2019s Cat Price Prediction: CAT Surges 111% In A Month, But Investors Are Flocking To The Crypto All-Stars ICO And Its 1,221% APY"},"content":{"rendered":"

The Simon’s Cat price surged 111% in a month and 16% in the last 24 hours <\/span>to trade at $0.00002781<\/span><\/a> as of 00:42 a.m. EST on trading volume that rose 38% to $172 million.<\/span><\/p>\n

Simon’s Cat Price Aims For A Bullish Trend Continuation<\/h2>\n

According to <\/span>GeckoTerminal<\/span><\/a> data, Simon’s Cat’s price has been in a sustained bullish trend in the last week, soaring through a markup phase from the $0.00002041 support zone.<\/span><\/p>\n

The bulls, however, have experienced some struggle around the $0.00002941 resistance, with the token forming a rounding bottom pattern in the last four days.<\/span><\/p>\n

Simon’s Cat price aims to use the rounding bottom pattern to push the price up. CAT is now trading above the 50-day Simple Moving Average (SMA), affirming the bullish stance.<\/span><\/p>\n

Moreover, the Moving Average Convergence Divergence (MACD) is rising above the neutral line, which indicates that the price of Simon’s Cat is on a positive momentum. A continuation of this momentum could see the Simon’s Cat price soar above the $0.00002941 resistance, with the bulls now targeting $0.000035.<\/span><\/p>\n

The Relative Strength Index (RSI) seems to be trading downwards, currently at 55, showing that buyers are now exerting pressure on the asset. If this trend continues, the price of Simon’s Cat could drop back to the $0.00002312 support zone.<\/span><\/p>\n

\"Simon’s
CATUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

Meanwhile, as the Simon’s Cat price aims for a bullish trend continuation, investors are also buying into the <\/span>Crypto All-Stars (STARS)<\/span><\/a> presale, which has amassed over $1.2 million in less than four weeks.<\/span><\/p>\n

Jacob Bury, a crypto YouTuber with over 42K subscribers, says that $STARS has the potential to soar 10X after its launch.<\/span><\/p>\n