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Cryptocurrency News Articles
Popcat (POP) Found Support and Resumed Surge After a Week's Break in Buying
Oct 19, 2024 at 04:02 pm
The price looks strong today as meme coins take the stage in the latest market recovery, leading the park with 18% gains in the past 24 hours.
Popcat price analysis reveals a double-bottom formation and a surge of 18% on Monday. The meme coin price is set for more gains after a week’s pause in buying.
Popcat price analysis for Monday reveals a surge of 18 percent, continuing the meme coin’s rally after a week’s pause in buying. The price found support at a crucial level and surged higher to a new local peak of $1.59 on Monday morning.
Popcat price analysis: Meme coin surges 18% on Monday, more gains expected
The meme coin price faced resistance at the $1.59 level and pulled back from that peak. However, buying pressure remained strong and the price recovered from the pullback to begin a fresh surge higher.
The price surged past the $1.59 resistance level and continued to rise higher. It reached a new local peak of $1.64 on Monday evening. The price then pulled back slightly from that high but remained above the $1.59 level.
The meme coin price is now set for more gains after a week’s pause in buying. The price is expected to continue rising higher and test the $2 resistance level in the coming days.
Popcat price analysis: Key technical levels to watch
The technical analysis of Popcat price reveals that the meme coin is trading in an uptrend. The price found support at a crucial level and surged higher to a new local peak.
The meme coin price faced resistance at the $1.59 level and pulled back from that peak. However, buying pressure remained strong and the price recovered from the pullback to begin a fresh surge higher.
The price surged past the $1.59 resistance level and continued to rise higher. It reached a new local peak of $1.64 on Monday evening. The price then pulled back slightly from that high but remained above the $1.59 level.
The meme coin price is now set for more gains after a week’s pause in buying. The price is expected to continue rising higher and test the $2 resistance level in the coming days.
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