Popcat Price Prediction – Key Memecoin Breakout Levels Analysis
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- Surge in daily trading volume and spot CVD highlights short-term optimistic outlooks
- A breakout from the range and heightened demand could elevate POPCAT to the subsequent resistance at $0.345
Popcat [POPCAT] experienced a 15% decline since the start of last Saturday’s trading session. Nevertheless, there has been a notable rebound from Monday’s lows, leading to the formation of a short-term range on the daily chart.
This situation has opened doors for traders, and investors might also consider expanding their holdings. The memecoin market has lacked momentum over the last two months; therefore, exercising caution is wise. The risk-reward ratio for investors may be appealing.
The strength of the downtrend poses a considerable challenge to POPCAT’s recovery
Source: POPCAT/USDT TradingView
The 20 and 50 period moving averages are relatively swift MAs. They have been navigating a bearish trend since early December, with POPCAT failing to breach above the 20-day moving average. Trading volumes have also surged over the past six weeks as prices fell below September’s lows.
A/D, which monitors price versus sales volume, indicated an upward trend. Fibonacci levels suggested that $0.0795 was on track as the next target amid continued downturns.
Source: POPCAT/USDT TradingView p > div >
A range developed between $0.184 and $0.0027 on this 4-hour chart as POPCAT traded slightly beneath its recent highs at press time.The Awesome Oscillator was nearing a shift from bearish to bullish movements on this H4 chart. p >
An increase beyond $0.27 and subsequent support retest would provide excellent buying opportunities while another lower high sits further north at $0.345.. p >Finally , Coinalyze disclosed that both spot CVD and open interest soared during recent upswing phases , originating from range lows . CoinMarketCap data reflected an impressive 185 % surge in daily trading volumes . Meanwhile , however funding rates remained negative .
Explore Popcats [POPCAT] Price Forecast for 2025-26 & nbsp ; p >
For swing traders , rejection off former range peaks could offer chances into acquiring shorter positions or breakouts .
Investors ought stay vigilant as meme-based assets notably declined since mid December ; cat-themed tokens currently lagging behind their canine counterparts .
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Disclaimer – The material presented does not constitute financial or investment advice but reflects solely upon individual author opinion.
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