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Cryptocurrency News Articles
Popcat (POPCAT) Rallies 13.6% Amid Bullish Market Sentiment and a Jump in Futures Open Interest
Oct 18, 2024 at 04:38 pm
Popcat (POPCAT) is up 13.6% in the past 24 hours and is trading at $1.37 at the time of writing. Its price has also appreciated 90.5% over the last 30 days
popcat continued its rally on Wednesday, surging 13.6% to trade at $1.37 at the time of writing. The meme coin clocked a 90.5% gain in the last 30 days.
The price rally was accompanied by a 21% rise in futures open interest in the past 24 hours, suggesting traders’ growing interest in the meme coin.
CoinMarketCap data showed that the broader crypto community remained largely bullish on Popcat’s prospects.
Rising futures open interest in Popcat (POPCAT) suggested traders' growing interest in the meme coin. (CoinGlass)
popcat (popcat) price analysis on Oct. 18 shows the meme coin trading above its middle Bollinger band on the 1D POPCAT/USDT chart. Moreover, the Relative Strength Indicator (RSI) fell from its Oct. 12 overbought levels to 60 on Wednesday.
popcat holders crossed the 80,000 mark, indicating expanding community participation and investor confidence in the meme coin.
popcat price on the 1D chart (Binance). (CryptoSlate)
popcat (popcat) price action on Oct. 18 showed the meme coin facing resistance at $1.54. (TradingView)
popcat price on the 1D chart (Binance) with technical analysis by Trading Tank. (TradingView)
popcat price on the 1D chart (Binance) with technical analysis by Trade4ddict. (X)
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