Based

Resistance

Daily

POPO

<ul class="list-ic vertical">
 <li>1 <a>POPO token price trades below the key moving averages.</a></li>
 <li>2 <a>Technical indicators are suggesting further correction ahead.</a></li>
</ul>
The POPO token price signifies bearishness and is trading in a severe downtrend below the key moving averages. The price action showcased lower low structure and the token is heading toward the crucial support zone of $0.00000000003000. For weeks, the token displayed pump and dump moves and stayed in range. Amidst the volatile swings, the token failed to escape the seller vision and persisted in dragging the gains.
At press time, the POPO token (POPO) price was trading at $0.00000000003083 with an intraday gain of 2.78%, reflecting neutrality on the charts. It has a monthly return ratio of 26.90% and 75.10% on a yearly basis. The pair of POPO/BTC is at 0.00000000000000911 BTC, and the market cap is $268,792. Analysts are bearish and suggest that POPO price may continue to face selloff and will retest the demand zone of $0.00000000002800 soon.
Despite the market surge, the token remained under sellers’ control and failed to escape the range. For the past few weeks, the token has delivered volatile swings and tried multiple times to escape the upside hurdle of $0.00000000004500. The intraday trading volume noted a rise over 3.78% to $20,523.
<h2 class="wp-block-heading" id="strong-popo-price-to-volume-analysis-on-daily-charts-strong">POPO Price To Volume Analysis on Daily Charts</h2> 
<a href="https://www.tradingview.com/chart/POPOUSDT_442443/5sAiEqBP-POPO-Token/" rel="noopener noreferrer nofollow"></a><a href="https://www.tradingview.com/u/TheCoinRepublic/" rel="noopener noreferrer nofollow"></a> <a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow"></a> 
On the daily charts, the <a href="https://www.thecoinrepublic.com/2024/03/24/about-popo-token-will-the-price-turn-around-or-continue-to-fall/" rel="noopener noreferrer nofollow">POPO token</a> price trades below the 200-day EMA mark, reflecting a downtrend. The token has formed multiple rejection candlesticks near the round mark of $0.00000000004000 and buyers are struggling to cross the region. Until the upside of $0.00000000004500, the token remained hovering in range and faced selling pressure.
Conversely, if it breaks below the demand zone of $0.00000000002700, the selloff will lead to an aggressive mode and may extend toward $0.00000000002000 soon.
Per the Fib levels, the token has sustained gains above the 23.6% zone, whereas it is trading near the lower bollinger band support zone.
The RSI curve stayed below the midline and is showing a negative crossover on the charts. Similarly, the MACD indicator shows a bearish crossover and suggests underperformance for the next sessions.
The total supply of the POPO token is 420.69 trillion and the volume to market cap ratio is 0.0764. POPO token stands at 6164 per the market cap in the global crypto market.
<h3 class="wp-block-heading" id="strong-summary-strong">Summary</h3>
The POPO token has experienced a rejection from the resistance level of $0.00000000004000 and slipped below the 200-day EMA, indicating bearish momentum. Based on the ongoing price action, the technicals are highlighting that the token has further room for price deterioration toward the demand zone of $0.00000000002700.
<h4 class="wp-block-heading">Technical Levels</h4>
Support Levels: $0.00000000002700 and $0.00000000002500
Resistance Levels: $0.00000000003300 and $0.00000000003500
<h5 class="wp-block-heading">Disclaimer</h5>
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

POPO Looks Bearish: Will POPO Continue To Extend Downtrend?

Table of Contents

Thecoinrepublic.com

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