{"id":626611,"date":"2025-02-14T10:04:56","date_gmt":"2025-02-14T10:04:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=626611"},"modified":"2025-02-14T10:04:56","modified_gmt":"2025-02-14T10:04:56","slug":"popcat-price-prediction-popcat-surges-57-in-a-week-but-investors-flock-to-this-20-6-million-sol-layer-2-ico-offering-197-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/popcat-price-prediction-popcat-surges-57-in-a-week-but-investors-flock-to-this-20-6-million-sol-layer-2-ico-offering-197-apy","title":{"rendered":"Popcat Price Prediction: POPCAT Surges 57% In A Week, But Investors Flock To This $20.7 Million SOL Layer-2 ICO Offering 196% APY"},"content":{"rendered":"

The Popcat price surged 57% in the last week and 5% in the last 24 hours to trade at $0.3467 as of 11:21 p.m. EST on trading volume that rose 1% to $147 million.<\/span><\/p>\n

Popcat Price Breaks Out From Falling Wedge – Bullish Reversal Ahead?<\/h2>\n

The <\/span>POPCAT price<\/span> chart analysis<\/a> on the 12-hour timeframe is showing signs of a potential trend reversal following a prolonged downtrend. POPCAT has formed a classic falling wedge, a pattern that typically signals a bullish reversal.<\/span><\/p>\n

The Popcat price has broken out of this wedge, indicating a shift in market sentiment from bearish to bullish.<\/span><\/p>\n

POPCAT has just broken above the 50-period Simple Moving Average (SMA) on the 12-hour chart at $0.3366—a sign of growing bullish momentum, according to <\/span>GeckoTerminal<\/span><\/a>. The 200-period SMA, at $0.9189 acts as the next key hurdle. <\/span><\/p>\n

A decisive break above the 200-period SMA would confirm a shift to a long-term bullish trend.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is at 58.98, moving upwards from a previously oversold region. This signals increasing buying pressure but still leaves room for more upside before becoming overbought.<\/span><\/p>\n

The blue Moving Average Convergence Divergence (MACD) line has crossed above the orange signal line, confirming a bullish crossover. The increasing histogram bars indicate growing positive momentum, aligning with the breakout from the wedge.<\/span><\/p>\n

\"Popcat
Popcat Price Chart Analysis. Source: GeckoTerminal<\/figcaption><\/figure>\n

POPCAT Price Prediction<\/h2>\n

The breakout from the falling wedge, combined with bullish indicators, suggests that the Popcat price could be entering a strong uptrend.<\/span><\/p>\n

If the price of Popcat continues to soar, the short-term target is at $0.90 (confluent with the 200-period SMA). The next resistance levels are at $1.20 (mid-range resistance) and $1.80 (major resistance from previous highs).<\/span><\/p>\n

Conversely, a failure to hold above $0.33 could see a retest of support near $0.25.<\/span><\/p>\n

As the price of POPCAT soars, investors are also buying a new Solana meme coin called <\/span>Solaxy (SOLX)<\/span><\/a>, which popular YouTube channel 99Bitcoins, with over 724K subscribers, says has the potential to soar 100X post-launch.<\/span><\/p>\n