Popcat (POPCAT) Token Price Prediction 2022-2025: Will POPCAT Rise Again?

Popcat token price has been following a strong uptrend, which has led to higher swing levels on the chart. The token's liquidity was vast at press time

The Popcat token price has been following a strong uptrend, which has led to higher swing levels on the chart. The token’s liquidity was vast at press time, followed by the engagement of many traders and investors in the token.

The token’s traded volume value has declined by 7% in just the last 24 hours. This showed a slight decline in the demand for the token. It has resulted in a traded value of $164.335M, which was 22.49% of its market cap.

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At press time, 100% of the token’s total supply circulated in the market, resulting in 979.973M POPCAT. Also, the token’s fully diluted market cap was worth $730.225M, while the token’s maximum supply was not defined.

Popcat’s market cap has advanced by 21% in just the last 24 hours, which has resulted in a market cap value of $728.06M. That made POPCAT the 86th largest token in the global token market at press time.

Popcat Crypto Derivatives Data Analysis

The token’s derivatives witnessed solid activity. It was followed by a strong surge of 81% in the token’s traded volume in the last 24 hours from press time.

The derivatives traded volume value for Popcat token has surpassed $574.84 Million in the last 24 hours.

The open interest in the token has also advanced by 48%, resulting in a value of $60.39M. When writing, the token’s liquidation chart showed a larger number of shorts liquidated in the last few days.

Additionally, in the past 24 hours, shorts worth $751.39K have liquidated. At the same time, the longs of only $439.37K have also liquidated.

POPCAT Token Technical Analysis

Sustaining above a dynamic trendline for more than two months, the POPCAT token price has consistently advanced in recent days.

A change of character level was formed at $0.68, which was recently taken out by the price. The breakout was followed by strong momentum, leading to an advance of 70% in price in just two days.

The following behavior of the POPCAT token price showed buyers’ dominance, which might lead the price to further higher levels.

Popcat Token Technical Chart Analysis

The POPCAT token price had broken out above the Supertrend ATR level, which was witnessed by a strong surge in price. The 20-day and the 50-day EMAs further overlapped, showing the higher possibility of a golden cross in the future.

POPCAT/USD Chart by TradingView.com

The MACD and the signal line traded in a golden cross but sustained the negative trajectory. This was followed by the formation of bullish histograms on the chart.

Following a bullish cycle, the RSI further advanced above the 50-level- and the 14-day SMA. This showed a bullish momentum in the POPCAT token price.

The POPCAT token price might further witness support at the levels of $0.250 and $0.380. The resistance levels of $1.00 and 2.00 followed this.

This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

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