Popcat Price Prediction: POPCAT Plunges 8% As Investors Flock To This New Meme Coin Rival For Parabolic Gains
The Popcat price plunged over 8% in the last 24 hours to trade at $1.34 as of 11:12 p.m. EST as traders dump their holdings in the meme coin. This recent drop in the POPCAT price is a continuation of the crypto’s negative weekly performance. As a result, the altcoin is in the red by more than 26% over the last 7 days. Popcat Price Resting On A Key Support Level 4-hour chart for POPCAT/USD (Source: GeckoTerminal) The Popcat price is testing the key support level at $1.2475, according to GeckoTerminal . Should it break below this technical safety net in the next 12 hours, the meme coin could stand the risk of plunging to the next mark at $0.9256 in the following couple of days. However, the Popcat price rebounding from the $1.2475 level in the coming 12 hours might stop the bearish move in its tracks. In this alternative case, the crypto could begin to rise and attempt a challenge at the $1.5694 resistance level. Overcoming this obstacle might then clear the space needed for ...