Solana

Memecoin

Bitcoin

POPCAT

The post <a href="https://coinpedia.org/price-analysis/popcat-sol-the-only-performing-solana-memecoin-now/">Popcat SOL, The Only Performing Solana Memecoin Now</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
<ul> 
 <li>Popcat remains the only Solana crypto with gains with the overall market down.</li> 
 <li>POPCAT technicals and indicators reveal short-term correction and pullback trends.&nbsp;</li> 
</ul> 
Popcat the Solana meme coin is the only crypto among the top Solana meme coins list to have upward performance amid market turbulence. POPCAT on Thursday registered a weekly surge of 84% and only 4% down in the monthly frame. In the press time, Popcat is trading at $0.456 with 24 hout change of -2.27% and volume down to 58%.&nbsp; 
The other Solana members show a slower price action in 7 days of the frame, the top WIF dipped 3.8%, BONK dipped 2.5%, and BOME is up 2%.&nbsp; 
Despite this slowdown, the memecoin seasons are expected to explode anytime with the growth in Bitcoin price and overall market condition.&nbsp; 
<h2 class="wp-block-heading" id="h-popcat-will-undergo-correction-but-for-a-pullback">Popcat Will Undergo correction but for a pullback</h2> 
In the POPCAT/USDT 4-hour chart, we can see a short-term correction. The price is trading near the center line of Bollinger bands, this indicates a consolidation phase in the process. Also, the wide bands represent decreasing volatility.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="459" src="https://image.coinpedia.org/wp-content/uploads/2024/06/27145440/image-504-1024x459.png" alt="" class="wp-image-320282" srcset="https://image.coinpedia.org/wp-content/uploads/2024/06/27145440/image-504-1024x459.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/06/27145440/image-504-300x135.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/06/27145440/image-504-768x345.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/06/27145440/image-504-1536x689.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/06/27145440/image-504-2048x919.png 2048w, https://image.coinpedia.org/wp-content/uploads/2024/06/27145440/image-504-150x67.png 150w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
Additionally, the Volume oscillator shows a decrease of -42%, showing increased selling pressure and volume falling to an all-time low. 
While the technology indicates a correction, the price is above all short-term, mid-term, and long-term moving averages giving thrust to the price to remain above $0.35.&nbsp; 
<h2 class="wp-block-heading" id="h-will-popcat-hold-above-0-45-nbsp">Will POPCAT hold above $0.45?&nbsp;</h2> 
With the current price action and increased selling pressure, the POPCAT may find a trade zone between $0.42 and $0.45, the support area. The price will continue a sideway momentum until the market recovers or the memecoin session occurs. 
If the market behaves resilient to the current trend, POPCAT can breach above the crucial resistance $0.53 and a breakout above this will rally towards a time of $0,72.&nbsp; 
Traders keep watch in the support zone for any further correction, but any correction from here onwards will be a buying opportunity for Popcat.&nbsp;

Popcat SOL, The Only Performing Solana Memecoin Now

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