Altcoin Sherpa is a popular crypto analyst who believes that despite the astronomical gains this year, one memecoin can still run higher.
A pseudonymous dealer tells Solana’s 221,900 social media followers (X) on the platform X.SOLPopcat, a Pop-based meme (POPCATAfter rebounding off an important level of around $0.64., it is possible that. could continue in a positive trend.
“POPCAT still looks pretty strong for now, great S/R (support/resistance) retest. If it guns for the highs again, this will be the leading category for memes and also CAT beta.”
Popcat trades for $0.59 as of the time of this writing. This is a rise of more than 150% since January, when it hit a low price of $0.00379
Following the analyst, says While macroeconomic conditions are bullish, Bitcoin is still a volatile currency.BTCThe crypto-king is sending mixed signals near term.
“I have no idea where BTC’s at. The one-day chart is bearish, the 200-day moving exponential average is bearish (though not by much so there’s no strong indication), and the weekly chart remains bullish (though still bearish up to $40,000 so it’s still not an excellent indicator).
Here are too many thoughts that contradict each other. We’re in the exact same trading range and there isn’t much clarity. The macro environment is good with the elections, rate cuts and less supply. [Mt.] Gox, Germany, etc.
The short-term future is a mystery to me.
Bitcoin has a value of $59,308 as I write this, a slight increase in the past 24 hours.
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