Home > Information news > Catcoin Price Prediction: CAT Skyrockets 222% As This Upgraded Dogecoin Goes Ballistic

Catcoin Price Prediction: CAT Skyrockets 222% As This Upgraded Dogecoin Goes Ballistic

Release: 2024/03/26 06:39 Reading: 314

Original author:TheBitTimes

Original source:https://coinmarketcap.com/community/articles/6601a42243542074bae82e7e

The Catcoin price rose 222% in the last 24 hours to trade at $0.0000000007680 as of 03:32 a.m. EST on trading volume that surged 1,231% to $28 million.

CAT offers an opportunity for users to invest in the token using three main networks: BNB Chain, Solana, and Ethereum. The current surge comes after the token surpassed 31,000 wallets on the BNB Chain, with the community speculating on a likely top-tier exchange listing.

Catcoin Price Could Soar Past The Upper Boundary Of The Bullish Pennant

The Catcoin price is coming out of a long consolidation phase around $0.0000000002128, which the bulls used as major support to push the price higher over the markup phase. The sustained bullish stance saw the bulls claim a high of $0.0000000009478, which acted as the immediate resistance level.

However, the price seems to be fluctuating within the $0.00000000070 range, forming a bullish pennant pattern, as the bulls seem to be getting ready for an upward rally.

CAT is trading well above both the 50-day and 200-day Simple Moving Averages (SMA), which affirms the bullish sentiments of an upcoming price rally further up.

Additionally, the Relative Strength Index (RSI) is trading within the overbought region at 100, indicating intense buying pressure and increased investor optimism.

Moreover, the Moving Average Convergence Divergence (MACD) indicates continued bullish momentum. This is evident as the moving average line (blue) has crossed above the signal line (orange), signaling a bullish crossover. A bullish crossover will likely encourage the bulls to buy more, which could translate to the price soaring higher.

The green bars extend over the neutral line, showing that CAT is currently on a positive trajectory. Additionally, the Average Directional Index (ADX), trading over the 20 level at 27, shows that CAT is currently on a very strong bullish trend, further supporting the positive momentum.

Catcoin Price Prediction

The Catcoin price Analysis shows that the bulls are preparing for another bullish rally over the upper boundary of the bullish pennant, as they aim to propel CAT to $0.0000000015. Catcoin price bulls are aiming to capitalize on the movement of the MACD and RSI to add more buys, which could drive the price even higher.

However, the RSI has already touched the overbought region and soared higher. This shows that there could be an incoming price correction. If this happens, CAT could also retrace back to the critical support zone at $0.0000000004086, which falls on the lower boundary of the pennant.

As the CAT price soars, Dogecoin20, an upgraded version of the Dogecoin meme token, has surpassed the $9.1 million mark. It is now rapidly approaching its hard cap, set at $10 million, and is likely to sell out imminently. Top analysts are predicting a 10X to 1000X surge.

Dogecoin20 Presale Raises Over $9.1 Million – Best Dogecoin Upgrade To Buy Now

The Dogecoin20 (DOGE20) presale continues to gain traction within the crypto community. Coming as an upgrade to Dogecoin, Dogecoin20 is poised to surpass the success seen by its dog-themed predecessors, including Shiba Inu and Dogecoin itself.

The project aims to be a greener and more versatile version of Dogecoin, committed to the ethos of “doing only good every day.”

Buy $DOGE20 Now, Stake For 119% Annual Rewards

You can easily ride the current hype by buying and staking $DOGE20, earning an impressive 119% annual percentage yield. The team has already allocated about 15% of the 140 billion total token supply for staking rewards.

Jacob Bury, a popular crypto analyst and YouTuber, believes that Dogecoin20 has the potential to provide 10X to 1000X gains on launch. He also says that the project “looks absolutely awesome.”

To participate in the action, you have the option to acquire DOGE20 tokens for $0.00021 each through the official website. Payment can be made using ETH, USDT, or a bank card.

Act fact if you are interested because DOGE20 might sell out within hours.

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Source: https://thebittimes.com/catcoin-price-prediction-cat-skyrockets-222-as-this-upgraded-dogecoin-goes-ballistic-tbt83487.html

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