The price of POPCAT reaches a new all-time high after surging more than 100%
Breaking the resistance of $1.00 driven by strong market sentiment
The low correlation of POPCAT with Bitcoin at 0.33 and the increase of the Relative Strength Index in the overbuy out zone indicate a continuous buyout pressure, but with the risk of correction.
A profit-taking sale could push POPCAT back to 1.00 dollar or 0.75 dollars, making investors cautious about its volatile price action
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GateUser-e83aa2a0
· 2024-10-06 10:29
Overall, the feeling is pretty good, just need to be more cautious.
The price of POPCAT reaches a new all-time high after surging more than 100%
Breaking the resistance of $1.00 driven by strong market sentiment
The low correlation of POPCAT with Bitcoin at 0.33 and the increase of the Relative Strength Index in the overbuy out zone indicate a continuous buyout pressure, but with the risk of correction.
A profit-taking sale could push POPCAT back to 1.00 dollar or 0.75 dollars, making investors cautious about its volatile price action
#BTC