Market Direction

POPCAT price prediction today: Will it rally to $1.40 next?

Updated: Oct 1, 2024

Published: Sep 27, 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.

Following a breakout of the major downtrend line, POPCAT has moved higher and broken above its major horizontal resistance at $0.96 to $1.00, although it continues the battle in that area.
Locally, the $0.95 level could be short-term support, but beneath that, it's likely we see a retest of $0.77. However, with the macro looking so strong, we might be able to avoid a more significant correction.
What we do notice is that the RSI is overbought and it has printed a bearish divergence (higher high in price with a lower high on the oscillator) in overbought territory. This is usually a bearish setup, and it may fuel a short-term pullback.
If the price can break beyond $1.08, it's possible we see the price sharply extend to the $1.20 to $1.40 area.

8. POPCAT price breaking above trendlines with RSI showing strong momentum, suggesting continued bullish trend and possible further gains.

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.

Cryptonary's take

Price has rallied 115% in just 20 days, so it's possible we could have a short-term pull back at some point soon. However, with upside potential still so great, this would encourage us to continue holding our Spot positions as we do expect price to be substantially higher over the coming weeks, even if we see a pullback in the short-term.

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:

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.