Popcat Price Prediction: POPCAT Soars 11% As This PEPE Upgrade Bolts Past $15 Million In Presale
Release: 2024/09/25 20:15 Reading: 714
Popcat Price Continues to Surge
The Popcat price witnessed a 22% increase in the past 24 hours, reaching $1.01 as of 03:59 a.m. EST. This surge occurred alongside a 48% spike in trading volume, which reached $134 million.
Bullish Momentum Remains Strong
Popcat has maintained a bullish trend throughout September, propelled by a support level at $0.53. Price action is now trading above both the 50-day and 200-day Simple Moving Averages (SMAs), indicating continued bullish momentum.
The Moving Average Convergence Divergence (MACD) further supports this positive momentum, as it trades above the neutral line with a bullish crossover of the blue MACD line over the orange signal line. This suggests that the token has potential for further bullish rallies.
Potential for Further Gains
With the ongoing momentum, Popcat could continue its upward trajectory, with bulls aiming for $1.25.
RSI Signal
However, the Relative Strength Index (RSI) has begun to drop from the overbought region of 70, currently standing at 62. This indicates that the bears may be gaining some control. If this trend persists, the Popcat price may retrace to the 200-day SMA ($0.6893).
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