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Popcat Price Analysis: Resistance Has Been Flipped and Indicators are Bullish – Are we Looking at a New All time High?

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Release: 2024-08-26 21:07:11
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Today, we will examine some technicals and price analysis on Popcat to see if we can gain an advantage over the next days or weeks.

Popcat Price Analysis: Resistance Has Been Flipped and Indicators are Bullish – Are we Looking at a New All time High?

Popcat price pumped over +50% after being listed on Binance Futures, and some speculated that this could lead to a spot listing on Binance.

In our recent article on Popcat, we mentioned that the Binance Futures listing could be around the corner, and it certainly was. Speculators were highly rewarded after Popcat price pumped +50% after the listing and +60% from the listing being announced.

This got many people excited and wondering if this could lead to a spot listing on Binance.

Well, that depends entirely on Binance and whether they have changed their internal structure with these listings.

The quick user will have noted that Binance has taken a step away from listing meme coins and has left that almost entirely to Bybit to take that market share.

However, recently, we saw Binance starting to list more of these. So maybe they just needed the final piece of regulation in place, and now we can see these listings flowing in?

If this is the case, then accumulating high-volume and trending memes listed on Bybit, that are missing on Binance, could be a strategy to try and gain an edge in the market.

This is because Binance listing these coins usually results in a quick +100% to +200% price increase within a short period of time. Good luck!

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