Popcat Price Prediction: POPCAT Pumps 7%, But Investors Rush To Buy This Solana GameFi Token Before A Price Hike
The Popcat price soared 7% in the last 24 hours to trade at $0.6032 as of 00:41 a.m. EST on trading volume that skyrocketed 15% to $78 million. The Popcat price has been on a tear since August 23 after Binance announced the listing of its perpetual contract. Popcat Price Aims For A Continued Bullish Trend Reversal After encountering resistance around $0.77, the Popcat price dropped back to the $0.519 support zone, according to data from GeckoTerminal . The bulls then capitalized on this support to push the price of Popcat up to the immediate resistance around $0.62, forming a rounding bottom pattern. The price of Popcat now trades above the 200-day Simple Moving Average (SMA). A sustained trend could see POPCAT overcome the immediate resistance at $0.6388 (50-day SMA). Moreover, the Relative Strength Index (RSI) is soaring above the 50-midline level, currently at 52, which shows that buying pressure is building up at this level. The Moving Average Convergence Divergence (MACD) ...