{"id":624574,"date":"2025-02-06T13:15:28","date_gmt":"2025-02-06T13:15:28","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=624574"},"modified":"2025-02-06T13:15:28","modified_gmt":"2025-02-06T13:15:28","slug":"is-it-too-late-to-buy-meow-meow-price-surges-22-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-meow-meow-price-surges-22-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy MEOW? MEOW Price Surges 22% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Meow price has soared 22% in the last 24 hours to trade at $0.00595 as of 7:00 a.m. EST on a 44% plunge in trading volume to $139 million.<\/p>\n

Meow Price Signals A Bullish Trend Continuation<\/h2>\n

The MEOW\/USD trading pair on the 1-day timeframe is showing signs of a potential bullish continuation after a recent pullback. MEOW recently found support around $0.0045 – $0.0050, leading to a rebound. This level aligns with the base of an earlier parabolic growth phase. If the price maintains this support, it could attempt another upward push toward the resistance zone at $0.0075 – $0.0080, where previous rejections occurred.<\/p>\n

The 50-day moving average (MA), currently at $0.004131, is acting as a dynamic support. The price remains above this level, indicating an overall bullish trend. If it holds, the price could continue its upward trajectory. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is showing early signs of a bullish crossover, with the MACD line at 0.00040356 attempting to move above the signal line at 0.00073523.<\/p>\n

\"Meow<\/p>\n

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

If this crossover is confirmed, it could signal renewed bullish momentum. Additionally, the Relative Strength Index (RSI) is at 52.44, placing it in a neutral zone. If the RSI climbs above 60, it could confirm increased buying pressure.<\/p>\n

For a bullish case, the price needs to sustain support above $0.0045 – $0.0050 and break through $0.0075 – $0.0080 to continue its upward movement. A confirmed breakout could push the price higher.<\/p>\n

On the bearish side, failure to hold support could lead to a decline toward $0.0035 or even the historical support zone near $0.0020. Traders should watch for a MACD crossover, an RSI breakout above 60, and strong volume confirmation before entering long positions.<\/p>\n

Traders Flock To Catslap (SLAP)<\/h2>\n

As the Meow price tries to keep its bullish move going, traders are turning to new meme coin Catslap (SLAP)<\/a>, the token behind a viral web game where players earn crypto by slapping cultural icons.<\/p>\n

The Catslap team recently burned $1 million worth of tokens, reducing the total supply and possibly boosting the price of the Slap-to-Earn cryptocurrency.<\/p>\n

The token burn also marked the end of the Slapdrop  contest, during which investors staked over 500 million SLAP tokens. While the staked tokens remain safe, any unclaimed staking rewards will be burned on Feb. 14, further reducing supply and supporting the token’s value.<\/p>\n

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The fire department just unfollowed. They can’t keep up with these burns. 😺<\/p>\n

9 days … 🔥 pic.twitter.com\/3lIqfTPtlW<\/a><\/p>\n

— Catslap (@CatSlapToken) February 5, 2025<\/a><\/p><\/blockquote>\n