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Massive Gains Ahead As Analysts Predict Shiba Inu And Popcat To Deliver 1000% In January
In a surprising turn of events, analysts are predicting that Shiba Inu and Popcat will experience massive gains in the upcoming month, potentially delivering returns of over 1000%. This comes as a stark contrast to the recent market volatility that has plagued many cryptocurrencies.
As we take a closer look at the charts for both SHIB and POPCAT, it becomes clear that they are poised for significant growth. Shiba Inu, currently trading around $0.00002412, is nearing its nearest resistance level at $0.00002754. If it manages to break through this point, the next resistance level sits at a staggering $0.00003197. This kind of movement would be unprecedented and could have major implications for investors.
In contrast, Popcat (POPCAT) has seen significant price swings in recent times. Over the past week alone, its value dropped by an astonishing 21.31%. However, when looking at a longer timeline, POPCAT’s six-month performance reveals that it has actually risen by a remarkable 28.38%. This suggests that the coin may be poised for a rebound.
The Relative Strength Index (RSI) for POPCAT indicates that it is currently oversold, which could attract buyers and potentially drive its price up. The current trading range of $0.73 to $0.99, just above the 10-day Simple Moving Average ($0.60), hints at possible upward momentum.
If POPCAT can gain traction, we may see it challenge its nearest resistance level at $1.11, a staggering 50% increase from current prices. Surpassing this could propel it to the second resistance level at $1.37.
Conversely, if the price dips, the nearest support level sits at $0.59 (a drop of around 20%), followed by a second support level at $0.33. As POPCAT navigates the market, traders will be keeping a close eye on these levels.
While some may question the accuracy of such predictions, one thing is certain: SHIB and POPCAT have both shown incredible resilience in recent times. As the crypto market continues to evolve, it’s crucial for investors to stay informed about key developments and trends.
Source: blockonomi.com
