CandleFocus POPCAT’s Network Growth Falls to 2-Month Low as Price Struggles
2024-11-20
Author: Content Editor
POPCAT, a meme coin, has been experiencing sideways momentum and struggling to maintain upward momentum. Its network growth is at a low, indicating a decline in new investors and diminishing market appeal. The Relative Strength Index (RSI) remains in the bullish zone but is trending downward, suggesting possible upcoming struggles in price action. The price of POPCAT has dropped significantly from its all-time high and is currently trading at $1.65. If bearish pressures continue, the coin could fall further to $1.49 and $1.21. However, reclaiming the $1.74 support level could signal a bullish reversal and potentially lead to a renewed rally.
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