{"id":593974,"date":"2024-11-01T16:05:03","date_gmt":"2024-11-01T16:05:03","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=593974"},"modified":"2024-11-01T16:05:03","modified_gmt":"2024-11-01T16:05:03","slug":"simons-cat-price-prediction-cat-leaps-8-as-pepe-unchained-rockets-past-24-million-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/simons-cat-price-prediction-cat-leaps-8-as-pepe-unchained-rockets-past-24-million-in-presale","title":{"rendered":"Simon’s Cat Price Prediction: CAT Leaps 8% As Pepe Unchained Rockets Past $24 Million In Presale"},"content":{"rendered":"

The Simon’s Cat price surged 8% in the last 24 hours to trade at $0.00003076 as of 07:23 a.m. EST on trading volume that dropped 6% to $100 million, according to <\/span>CoinGecko<\/span><\/a>. <\/span><\/p>\n

Simon’s Cat Price Gearing Up Towards A Bullish Trend Reversal<\/b><\/h2>\n

The Simon’s Cat price went through a markup phase from October 20, as the bulls capitalized on the $0.00002318 support level to propel the token. However, CAT experienced some resistance around $0.00004464, which allowed the price of Simon’s Cat to plunge, forming a rounding top pattern.<\/span><\/p>\n

The Simon Cat price now seems to have invalidated the rounding top pattern, with CAT rebounding from the $0.00002688 support level.<\/span><\/p>\n

CAT still trades below both the 50-day and 200-day Simple Moving Averages (SMAs), as the trend coincides with the recent price retrace. The 200-day SMA now acts as the next immediate resistance at $0.000033019.<\/span><\/p>\n

Furthermore, the Relative Strength Index (RSI) seems to be rebounding from the current neutral zone at 44, a confirmation of the likely bullish trend reversal.<\/span><\/p>\n

If the bulls successfully stage a bullish reversal, the Simon Cat price could surge, with the next possible target at $0.000045.<\/span><\/p>\n

\"SImon's<\/p>\n

CATUSDT Chart Analysis (Source: Tradingview)<\/span><\/em><\/p>\n

However, with the fair value gap (FVG) forming around $0.000025, there could be a price correction in the short term, with the $0.000025 on the FVG acting as the next possible support level.<\/span><\/p>\n

Meanwhile, as the Simon’s Cat price soars, investors are also piling into a new meme coin called <\/span>Pepe Unchained (PEPU)<\/span><\/a>, which ClayBro, a prominent crypto analyst on YouTube with over 130k subscribers, says could soar 20X after launch.<\/span><\/p>\n