Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Multiple market watchers suggest that memecoin sensation Popcat (POPCAT) is about to rally towards a new all-time high (ATH). As the token attempts to reclaim key resistance levels, some analysts warn the cat-themed memecoin could see a correction soon toward its monthly opening. Related Reading: Ethereum (ETH) About To \u2018Catch Up On BTC\u2019, Is It Ready To Reclaim $3,000? Popcat Retest $1.4 Resistance Level Memecoin sensation Popcat has been one of the best-performing cryptocurrencies over the past three months. Despite the market retraces, the token outperformed most cryptocurrencies, becoming the first cat-themed memecoin to achieve a $1 billion market capitalization. In the last 30 days, Popcat has seen a 108% surge, hitting three new ATHs since breaking the $1 barrier. After reaching its latest ATH of $1.56 a week ago, the cryptocurrency has been on a 7-day downtrend. The memecoin unsuccessfully attempted to break above the trendline earlier this week, facing a correction toward the $1.2 support level. Popcat bounced 16.6% from this zone on Thursday, propelling the token\u2019s surge toward the $1.3 resistance level. On the last day, the cryptocurrency retested the trendline twice after surpassing the $1.4 mark. A successful reclaim of this zone could propel the price toward a new ATH. A market watcher considers that if Bitcoin\u2019s price holds, Popcat should successfully break this level by next week. It’s worth noting that the cat-themed token followed BTC\u2019s lead on Friday morning, surging 2.4% as the flagship cryptocurrency neared the $69,000 mark. Is A Correction Looming? Crypto analyst Sanchez noted that the memecoin\u2019s price was \u201crunning flat\u201d in the four-chart on Friday morning. To the analyst, the cat-themed token\u2019s performance \u201clooked good\u201d for another leg up but suggested the possibility of another correction ahead of the breakout. Ideally, we get a good reaction around ~1.29 to make the C more complete, and the cat starts popping again A drop from the $1.3 mark could send Popcat\u2019s price toward the $1.1-$1.0 mark. Trader Crypto Tony suggested that the cryptocurrency could see a retest of the monthly opening of around $1.01 in case of a rejection. Despite the correction forecast, the memecoin has seen a 7% increase in the last 24 hours, trading 8.7% below its ATH. Popcat reclaimed the $1.3 mark and is attempting to confirm the breakout and regain the $1.4 resistance level. Related Reading: Polkadot (DOT) Gearing Up For \u2018Massive Breakout\u2019, Will It Skyrocket To $20? Analyst CryptoGodJohn stated that the cryptocurrency \u201clooks like it wants new ATHs and beyond this weekend\u201d following its recent performance. Additionally, crypto trader Bluntz noted that Popcat\u2019s price could achieve a 30% surge toward a new all-time high. To Bluntz, a rise toward the $1.7 mark might be coming short-term after \u201cgetting real close to a biddable level\u201d this week, but \u201cwould like to see one more sweep.\u201d As of this writing, Popcat trades at $1.41, an 8.3% surge in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":631812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,92807,92808,92036,10923,89756,85699,93231,91898,93067,92207,87684],"class_list":["post-648797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-cat-themed-memcoin","tag-cat-themed-token","tag-crypt-analyst","tag-crypto-market","tag-crypto-trader","tag-memecoin","tag-memecoin-sensation","tag-popcat","tag-popcat-price","tag-popcatusdt","tag-solana-memecoin"],"acf":[],"yoast_head":"\n
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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/www.wncen.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"POPCAT Nears Breakout Towards New ATH, But Analysts Warn Of Possible Correction","url":"http:\/\/www.wncen.com\/news\/popcat-nears-breakout-towards-new-ath-but-analysts-warn-of-possible-correction\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.wncen.com\/news\/popcat-nears-breakout-towards-new-ath-but-analysts-warn-of-possible-correction\/"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/07\/spacex-OHOU-5UVIYQ-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/07\/spacex-OHOU-5UVIYQ-unsplash.jpg?fit=1920%2C1280"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Rubmar Garcia"}],"creator":["Rubmar Garcia"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","cat-themed memcoin","cat-themed token","crypt analyst","crypto market","crypto trader","memecoin","memecoin sensation","popcat","popcat price","popcatusdt","solana memecoin"],"dateCreated":"2024-10-19T07:00:49Z","datePublished":"2024-10-19T07:00:49Z","dateModified":"2024-10-19T07:00:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"POPCAT Nears Breakout Towards New ATH, But Analysts Warn Of Possible Correction\",\"url\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/popcat-nears-breakout-towards-new-ath-but-analysts-warn-of-possible-correction\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/popcat-nears-breakout-towards-new-ath-but-analysts-warn-of-possible-correction\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/spacex-OHOU-5UVIYQ-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/spacex-OHOU-5UVIYQ-unsplash.jpg?fit=1920%2C1280\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Rubmar Garcia\"}],\"creator\":[\"Rubmar Garcia\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"cat-themed memcoin\",\"cat-themed token\",\"crypt analyst\",\"crypto market\",\"crypto trader\",\"memecoin\",\"memecoin sensation\",\"popcat\",\"popcat price\",\"popcatusdt\",\"solana memecoin\"],\"dateCreated\":\"2024-10-19T07:00:49Z\",\"datePublished\":\"2024-10-19T07:00:49Z\",\"dateModified\":\"2024-10-19T07:00:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/07\/spacex-OHOU-5UVIYQ-unsplash.jpg?fit=1920%2C1280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/648797"}],"collection":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/users\/614"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/comments?post=648797"}],"version-history":[{"count":2,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/648797\/revisions"}],"predecessor-version":[{"id":648800,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/648797\/revisions\/648800"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media\/631812"}],"wp:attachment":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media?parent=648797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/categories?post=648797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/tags?post=648797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"POPCAT,](\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/POPCATUSDT_2024-10-18_12-39-35.png?w=860&resize=860%2C460\")