Market Direction

Popcat (POP) price prediction today: Will POP break $0.77 or hold $0.65?

Published: Sep 16, 2024

What is Popcat: Popcat (POP) is a meme-based cryptocurrency inspired by the viral Popcat meme. We at Cryptonary identified the potential of this token before cat memes even became a narrative in the crypto space. POP has now taken the lead in this emerging meme category, bringing fun and community engagement into the crypto ecosystem. Popcat's ATH is $1. We've secured POPCAT at an average price of $0.04; we are very confident in its rise as the leader in the cat meme narrative. How to buy:

Just phenomenal strength overall when you consider what the rest of the market has done.
POP has bounced really nicely, reclaimed it's uptrend line and also reclaimed back above it's horizontal level of $0.65.
POP has also broken out of it's main downtrend line (red line), with price now pulling back and retesting the $0.65 horizontal resistance, now potential support.
If price can cleanly break above $0.77, then $1.00 would be the next target.
If price were to break down, you'd like to see the $0.55 to $0.65 zone hold as new support, with a relatively quick reclaim back above $0.66.

Popcat daily price chart showing resistance at $0.77, support at $0.65, with RSI at 51 and increasing volume.

Cryptonary's take

POPCAT is currently one of the best charts we're looking at and it has held up extremely well in relation to other assets such as SOL and WIF. If we do see a more material risk-on attitude return to the market, then we think POPCAT is the play that could see more substantial lift-off. Most of this week comes down to Powell on Wednesday. If he is dovish, then POP to $0.77 should be easily achievable, if not even a more substantial break above this level. We're expecting POPCAT to perform well over the next 3-5 days. We'll see how the week plays out and re-assess post Powell.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

Via Phantom wallet:
1. Deposit Solana tokens by copying your Phantom wallet address and transferring funds.
2. Swap tokens within the wallet by selecting POPCAT, setting slippage tolerance, and confirming the swap.
Via Centralized Exchange (CEX):
1. Choose a CEX that lists POPCAT like ByBit, Gateio, or MEXC.
2. Create and verify your account.
3. Deposit funds.
4. Go to the POPCAT trading section and purchase POPCAT.