{"id":588536,"date":"2024-10-18T08:03:13","date_gmt":"2024-10-18T08:03:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=588536"},"modified":"2024-10-18T08:03:13","modified_gmt":"2024-10-18T08:03:13","slug":"popcat-price-prediction-popcat-soars-11-but-experts-say-this-meme-coin-rival-might-be-the-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/popcat-price-prediction-popcat-soars-11-but-experts-say-this-meme-coin-rival-might-be-the-best-crypto-to-buy-now","title":{"rendered":"Popcat Price Prediction: POPCAT Soars 11%, But Experts Say This Meme Coin Rival Might Be The Best Crypto To Buy Now"},"content":{"rendered":"

The Popcat price <\/span>surged<\/span><\/a> over 11% in the last 24 hours to trade at $1.36 as of 11:31 p.m. EST as investors go long on the meme coin.<\/span><\/p>\n

With the recent rapid rise, the POPCAT price was able to push its weekly performance back into the green. This has also added to its streak over the last 30 days, with the altcoin now up more than 90% on the monthly time frame.<\/span><\/p>\n

The Popcat Price Bounces Off Of Support To Overcome A Technical Obstacle<\/span><\/h2>\n

\"POPCAT<\/p>\n

4-hour chart for POPCAT\/USD (Source: <\/span>GeckoTerminal<\/span><\/a>)<\/span><\/p>\n

The <\/span>Popcat<\/span><\/a> price rose above the $1.2880 resistance level in the last 24 hours after rebounding from the $1.1748 support. Should the meme coin continue to climb through the course of the next trading day, it might try to breach the $1.4327 barrier to potentially rise to as high as $1.5900 in the short term.<\/span><\/p>\n

A rejection from the $1.4327 resistance could prevent a bullish move from happening, and stop the Popcat price in its tracks. In this alternative scenario, POPCAT might stand the risk of dropping back below the $1.2880 mark. Continued sell pressure if the meme coin loses this technical crutch could then lead to the crypto plunging to the aforementioned $1.1748 mark.<\/span><\/p>\n

Technicals Suggest The Popcat Price Might Keep Climbing<\/span><\/h2>\n

Technical indicators on POPCAT’s 4-hour chart suggest the <\/span>meme coin<\/span><\/a> might continue to climb in the coming few hours. In addition to the Relative Strength Index (RSI) showing positive signs, the Moving Average Convergence Divergence (MACD) also triggered a major bullish technical flag recently.<\/span><\/p>\n

RSI readings increased over the past 24 hours to indicate that buyers have grown stronger against sellers. What’s more, the indicator’s readings surpassed the 50 benchmark recently, which traders usually see as a sign that bulls have gained the upper hand against bears. With the positive slope of the RSI line, it appears buyers are still accumulating strength as well.<\/span><\/p>\n

Meanwhile, the MACD line crossed above the MACD Signal line during the last trading session. This is considered a major bullish technical flag, and suggests that the Popcat price has entered a positive short-term cycle. The growing gap between these two lines is also a positive sign, and might be seen as an indication of POPCAT’s bullish momentum picking up steam.<\/span><\/p>\n

As bulls try to push the Popcat price even higher, investors are flocking to meme coin rival <\/span>Crypto All-Stars (STARS)<\/span><\/a>, which <\/span>YouTuber Jacob Bury, with 42K subscribers, says has the potential to soar 10X after its launch.<\/span><\/p>\n