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Cryptocurrency News Articles
PopCat (POPCAT) Price Prediction: Will the Meme Coin Continue Its Aggressive Uptrend?
May 02, 2025 at 02:47 am
The meme coin PopCat (POPCAT) has recently attracted attention due to its aggressive uptrend, consistently forming bullish market structure
The meme coin PopCat (POPCAT) has recently been making headlines for its aggressive ascent, consistently forming bullish market structure since establishing a strong base at $0.13. However, recent price action is testing a critical inflection point.
With resistance at $0.41 now acting as a short-term barrier, market participants are watching to see if the coin will manage to form another higher low or begin a deeper corrective phase.
Key technical points
The current market structure for PopCat remains bullish, seen in its formation of higher highs and higher lows. From the bottom at $0.13, the coin has steadily trended upward, finding strength on each dip. Now, price is reacting to the $0.40-$0.41 resistance level, where a rejection is forming on the lower timeframes.
This level is significant and must be broken to unlock a new expansion leg toward the $0.71 target. However, despite this resistance, PopCat still holds a key support zone on the 4H timeframe. The Value Area High (VAH), VWAP support zone, and a cluster of moving averages all converge here to create a strong demand area.
Holding this zone would confirm another higher low, keeping the bullish structure intact. But if price action falls below this area, the likelihood of a short-term top increases, especially if the point of control (POC) also fails to hold. The POC has previously acted as a magnet for buying pressure, which adds significance to this level as a potential final defense before a more sustained correction.
Momentum and structure remain bullish for now, but weakness below support zones would signal a temporary market shift. A confirmation of support here could provide a solid long opportunity for traders expecting a breakout above $041.
What to expect in the coming price action,
If PopCat manages to hold its current support structure, the next logical move would be a push above $0.41, with a potential target toward $0.71 in the coming sessions.
However, a loss of support could lead to a deeper correction toward the $0.28-$0.30 zone before any further bullish continuation. Traders should monitor volume and structure closely around these key levels for signs of confirmation.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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