2024

Million

Popcat (ERC)

Popcat (SOL)

Reversal

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Popcat crypto price took support from a round level of $0.06 and jumped higher.</a> </li> 
 <li> <span>2</span> <a>The POPCAT crypto currently trades at $0.009 recording an Intraday gain of 1.17%.</a> </li> 
</ul> 
<p>The <a href="https://www.thecoinrepublic.com/2024/02/14/mantle-crypto-price-forecast-will-mantle-crypto-mark-new-highs/" target="_blank" rel="noreferrer noopener">Popcat crypto price </a>is keeping its range intact near a round level of 0.01 USD on Thursday. The crypto is delivering a sideways outlook at the lows indicating a potential recovery after the formation of a new swing low.</p> 
<p>Earlier, the crypto maintained a strong bearish outlook in January which led to the formation of a downward trajectory. The price dropped continuously forming lower highs and lower lows.</p> 
<p>However, in the last couple of sessions the bulls have successfully defended the lows intending to push the price higher. The bears are failing to form a new swing low which shows the weakness in the downtrend.</p> 
<p>Currently, the buyers have established themselves near the $0.06 level whereas the sellers are holding themselves near the recent swing high of $0.01 level. As observed in 4 hours the price is headed gradually towards the higher side.</p> 
<p>Taking precisely, the recent supply has been tested multiple times which shows the weakening of the supply zone. It signifies the sellers are shifting from aggressive to a defensive mode.&nbsp;</p> 
<p>On the other side, the recent low and demand level has not been tested yet indicating the strength and pending buying orders near the support. If the price drops it might rebound from the demand zone.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/BQ-UkYyXydy1WO9IO45xOOY0oLzP8iBhfEHeGg_wuQQRNvjPTUDj6x09V5pqVjJv_P8Hefb1VT7lC3_4xJTwdaT-f0bq5urySBgykwQ6LTJEGLeBEFc2BqL003j__nQ6QHqtEp9roh-kvmQJzzoT4RQ" alt="Popcat Crypto Stalls Near Lows: A Trend Reversal or Continuation?">
 </figure>
</div> 
<h2 class="wp-block-heading" id="strong-popcat-price-technical-analysis-strong"><strong>Popcat Price Technical Analysis</strong></h2> 
<p>From a technical perspective, Popcat crypto price hovers below the 50-Day and 200-Day exponential moving averages, suggesting a bearish trend prevailed in recent sessions.</p> 
<p>Currently, the buyers are struggling to conquer the 50-Day EMA. Fresh upside moves may be observed on the chart if POPCAT breaks and sustains above the 50-Day EMA on the daily chart.</p> 
<p>At the time of writing, RSI was placed at 47.35 points and that of the SMA line was placed at 42.29 points indicating a neutral to bullish outlook in the short term.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-popcat-price-volume-analysis-strong"><strong>Popcat Price Volume Analysis</strong></h2> 
<p>The volume analysis shows that the POPCAT crypto received 1.794 Million USD Volume in the past 24 hours which is 53% more than that of the previous day. The volume to market capitalization ratio is 20.12% indicating high volatility.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-popcat-price-prediction-for-february-2024-strong"><strong>Popcat Price Prediction for February 2024</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="472" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-252-1024x472.png" alt="Popcat Crypto Stalls Near Lows: A Trend Reversal or Continuation?" class="wp-image-193035" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-252-1024x472.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-252-300x138.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-252-768x354.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-252-1536x708.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-252-750x345.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-252-1140x525.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-252.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: POPCAT/USDT by TradingView
  </figcaption>
 </figure>
</div> 
<p>The positive view of analysts predicts an upside potential of nearly 24% in February 2024, if the crypto is able to sustain above the 50-Day EMA. It could take the POPCAT token price near the recent swing high at $0.0125.&nbsp;</p> 
<p>On the contrary, the bearish view of analysts predicts that the price could drop to the $0.075 and $0.05 levels after the breakdown of the 50-Day EMA.</p> 
<p><strong>Popcat Price Prediction for 2024</strong></p> 
<p>The price prediction for 2024 shows that the POPCAT token may advance to a high of $0.0194 by the end of 2024. The less optimistic analysts estimate a price target of $0.0147 by the end of the year.</p> 
<p><strong>Popcat Price Prediction for 2025</strong></p> 
<p>Over the next two years, The POPCAT price may hit the $0.026 mark, suggesting an upside potential of 173.41% by 2025. The pessimistic view is that the price could reach $0.0186 by the end of the financial year 2025.</p> 
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Popcat Crypto Stalls Near Lows: A Trend Reversal or Continuation?

Table of Contents

Thecoinrepublic.com

Other articles published on Feb 15, 2024

Bitcoin Price Alert: X Account’s Analysis Suggests Sub-$10K Drop – Here’s The Reasoning

Sui Revealed as Top Destination for DeFi Inflows Over the Last 30 Days

LUNC Price: Terra Classic Pumps 15% In A Day As $128M In Trading Volume Rushes In

Popular Celebrities In South Korea Face Allegations in Promoting Scam Blockchain Platform “Winnerz”

Bitcoin Price Rally Falls Short of $53,000 Mark

Beyond a Trend: How Tokenization Is Transforming Traditional Finance

Join our free newsletter for daily crypto updates!