Popcat Price Prediction: POPCAT Pumps 10% As Traders Flock To This Other Solana Meme For New CEX Listings

The Popcat price has pumped 10% in the last 24 hours to trade at $0.3523 as of 8:10 a.m. EST on a 51% surge in trading volume to $22.7 million.

Popcat Price Forms A double Top Pattern: Can the Bulls Sustain The Momentum

Popcat Price

POPCATUSDT Analysis By Tradingview

Popcat price indicates signs of a reversal with the formation of the double top pattern that usually signals a bearish trend reversal. 

After tumbling from its peak of $0.3512, Popcat price hit a low point just above $0.1302, giving the bulls an opportunity to regroup and send the price up, hitting a new all-time high at $0.3728 on March 28. 

However, the price has formed a double-top pattern, which indicates a bearish trend reversal. The price may tumble back to the support zone at $0.1302.

Technical indicators are bullish, indicating strong bullish momentum. The relative strength index is on an uptrend, rebounding from the 50 midline level to 63. If the momentum increases, the RSI could jump into the overbought region above 70.

The price is currently above the 50 Simple Moving Average (SMA), which is currently supporting the Popcat price.

Popcat Price May Decline In The Short Term

With the emergence of the double-top pattern, there is likely to be a decline in price from the $0.3728 ATH, giving the bears an opportunity to push the price down. If the bears succeed in breaking the price below the 50 SMA, it will compel the bulls to fall back to the previous support level of $0.1302. 

However, if the 50 SMA holds firm, the bulls might gather momentum to push the price higher, forming a cup-and-handle pattern that signals a bullish trend continuation.

Meanwhile, investors are rushing to acquire SMOG amid news of additional listings on major centralized exchanges ”very soon.” 

The SMOG team promises the listing will be a landmark event. And while details of the listing are scarce, rumors suggest it could arrive as early as next week and may be accompanied or followed by a second CEX listing. 

SMOG Season 1 Airdrop Nears End With Potential $1 Million Giveaway

SMOG has caught the attention of investors with its strong price performance and promise of the greatest airdrop in history.

The SMOG team has allocated a significant 35% of its total 1.4 billion token supply for airdrops. Stage 1 of the airdrop is understood to involve giveaways in the region of $1 million.

Complete Quests For Airdrop On Zealy 

To participate in the $SMOG airdrop, investors must complete various tasks and quests managed by Zealy. The quests range from inviting friends to join the airdrop to engaging with the Smog community page on CoinMarketCap.

Even more XP points are available for making and sharing videos on platforms such as TikTok. 

Season 2 will kick off on April 4, emphasising actions like purchasing, holding, and trading $SMOG tokens, which will come with significant rewards in the next phase of the airdrop. The aim will be to increase the visibility of Smog, with a strong focus on promoting the SmogSwap.

Enjoy 10% Discount, 42% APY

Investors can purchase and stake $SMOG on the Smog website at a discounted rate of 10%. They can also earn a 42% annual yield on their staked tokens.

According to YouTuber Crypto Gains, getting in on Smog early could potentially yield gains of up to 100X your investment.

With a new listing, or even two, likely to buoy SMOG next week, there’s probably no better time to buy its tokens.

Buy $SMOG now using ETH, SOL, USDT, USDC, or a bank card.

Related Articles

  • Bitcoin Price Prediction: As Spot BTC ETFs Suffer A 3rd Day Of Outflows, This Bitcoin Alternative Blasts Past $7 Million
  • New and Best Meme Coins To Buy Sunday, March 24 – Perezoso, Smog, Base Baboon, BLOB
  • Best Crypto to Watch in 2024: Top 5 Cryptocurrencies with High Potential

Comments

Popular posts from this blog

STX Hits 52-Week High! Ascending Channel Points to Bullish Trajectory

XAI tanks by 20% after airdrop and Binance listing

Bitcoin Price Prediction: MicroStrategy Boosts BTC Ownership To 1% Of Supply As This Eco-Friendly Alternative Soars Towards $7 Million