Popcat Price Prediction: POPCAT Surges 57% In A Week, But Investors Flock To This $20.7 Million SOL Layer-2 ICO Offering 196% APY
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. Popcat Price Breaks Out From Falling Wedge – Bullish Reversal Ahead? The POPCAT price chart Analysis 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. The Popcat price has broken out of this wedge, indicating a shift in market sentiment from bearish to bullish. 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 GeckoTerminal . The 200-period SMA, at $0.9189 acts as the next key hurdle. A decisive break above the 200-period SMA would confirm a shift to a long-term bullish trend. Meanwhile, the Relative Strength Index (RSI) is at 58.98, moving upwards from a prev...