{"id":605250,"date":"2024-11-28T11:55:39","date_gmt":"2024-11-28T11:55:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=605250"},"modified":"2024-11-28T11:55:39","modified_gmt":"2024-11-28T11:55:39","slug":"zircuit-price-prediction-zrc-pumps-12-but-experts-say-consider-this-cat-themed-rival-for-parabolic-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/zircuit-price-prediction-zrc-pumps-12-but-experts-say-consider-this-cat-themed-rival-for-parabolic-gains","title":{"rendered":"Zircuit Price Prediction: ZRC Pumps 12%, But Experts Say Consider This Cat-Themed Rival For Parabolic Gains"},"content":{"rendered":"

The Zircuit price has surged 12% in the last 24 hours to trade at $0.08496 as of 6:30 a.m. EST on a 24% drop in trading volume to $112 million.<\/p>\n

Zircuit is an innovative Layer 2 (L2) network that offers a unique approach to on-chain security. It protects users through sequencer-level security and integrated, automated AI systems designed to prevent smart contract exploits and shield against malicious actors.<\/p>\n

Zircuit Price Rebounds Within The Bullish Channel<\/h2>\n

The ZRC\/USD trading pair shows a bullish market structure with a bullish pennant pattern, highlighted in red and visible. This pattern normally forms after a sharp upward move, signaling a period of consolidation before the continuation of the trend. The breakout above the pennant confirms the bullish momentum as the price surged higher.<\/p>\n

The price trading at $0.08496<\/a> also displays a parabolic curve following this breakout<\/span>, indicating accelerating bullish momentum. However, such parabolic moves often result in short-term corrections due to overextension. The price movement is contained within an upward-sloping channel (blue), reflecting the broader bullish trend.<\/p>\n

\"zircuit<\/p>\n

ZRCUSD Analysis Source: Dextools.io<\/p>\n

The 50-period moving average (MA), currently at $0.08246, acts as immediate support, with the price consistently staying above it. Meanwhile, the 200-period MA, positioned at $0.07712, provides a strong support level farther below, affirming the long-term bullish bias.<\/p>\n

The MACD indicator shows bullish momentum with a histogram value of $0.00134, though there is a slight tapering, which may indicate a potential slowdown.<\/p>\n

The RSI is at 62.00, which places it in the bullish zone without being overbought. This indicates that the Zircuit price can rise further before a correction becomes likely.<\/p>\n

The market shows strong bullish momentum, which is supported by the pennant breakout and the parabolic curve. However, the parabolic nature of the recent price action raises the possibility of a short-term correction.<\/p>\n

Currently, the price is at $0.08628, just above the breakout point and approaching the upper boundary of the ascending channel. At the channel’s upper edge, immediate resistance is between $0.08650 and $0.08700. If the price breaks above this range, it could target $0.09000 or higher.<\/p>\n

On the downside, the 50-MA at $0.08246 serves as the first support level, followed by the 200-MA at $0.07712, which aligns with the broader trendline support.<\/p>\n

Catslap (SLAP): The Next Meme Coin To Buy Today!<\/h2>\n

While the Zircuit price holds steady, investors are rushing to Catslap (SLAP), a new meme cryptocurrency inspired by cats and interactive gaming.<\/p>\n

Catslap<\/a> appears well-positioned to follow the success of cat-themed token rivals like POPCAT, MEW,<\/p>\n

Popular crypto analyst and YouTuber ClayBro, with over 131,000 subscribers, predicts the coin could surge another 50X, potentially becoming the next big meme coin.<\/p>\n