POPCAT Price Prediction 2024: Will POPCAT Reach $1.64 by Oct 20, 2024?
- Barbara StreisandOriginal
- 2024-10-16 16:12:13814browse
POPCAT price is expected to rise by 28.95% in the next 5 days according to our Popcat price prediction is trading at $ 1.26 after losing -8.21%
After losing -8.21% in the last 24 hours, POPCAT price is expected to rise by 28.95% in the next 5 days according to our Popcat price prediction. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -4.53% in the same time period. POPCAT performed poorly against BTC today and recorded a -10.55% loss against the world’s largest cryptocurrency.
According to our Popcat price prediction, POPCAT is expected to reach a price of $ 1.64 by Oct 20, 2024. This would represent a 28.95% price increase for POPCAT in the next 5 days.
Buy/Sell Popcat
What has been going on with Popcat in the last 30 days
Popcat has been displaying a positive trend recently, as the coin gained 87.57% in the last 30-days. The medium-term trend for Popcat has been bullish, with POPCAT increasing by 58.03% in the last 3 months. The long-term picture for Popcat is positive, as POPCAT is currently displaying a 24,794.50% 1-year price change. On this day last year, POPCAT was trading at $ 0.005075.
Popcat reached its all-time high price on Oct 12, 2024, when the price of POPCAT peaked at $ 1.55. The current POPCAT cycle high is $ 1.30, while the cycle low is at $ 1.24. POPCAT has been displaying high volatility recently – the 1-month volatility of the coin is at 20.64. Popcat recorded 19 green days in the last 30 days.
Popcat technical analysis for today - Oct 16, 2024
The sentiment in the Popcat markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 1.31, $ 1.23 and $ 1.15, while $ 1.48, $ 1.57 and $ 1.65 are the key resistance levels.
Bullish sentiment for Popcat
20 indicators are currently signaling a bullish prediction for Popcat, while 3 indicators are showing a bearish forecast. With 87% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Popcat.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 65 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed†reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear†reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Popcat moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Popcat is positioned in the market right now.
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Popcat is at 63.12, suggesting that POPCAT is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Popcat over the last 50 days. Currently, Popcat is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the POPCAT closing price for the last 200 days. POPCAT is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Popcat prediction
After considering the above factors, we can conclude that the current forecast for Popcat price prediction is Bullish. POPCAT would have to increase by 28.95% to hit our $ 1.64 target within the next five days. Moving forward, it will be important to monitor the POPCAT market sentiment, the key support and resistance levels, and
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