China News Today TheBitTimes.com

The Popcat price is down more than 26% on the weekly time frame despite a slight 24-hour gain to trade at $1.23 as of 7:30 a.m. EST as traders dump their holdings in the meme coin. With the drop over the last 7 days, the POPCAT price is also down more than 40% from the all-time high of $2.07 that it set just 10 days ago. Popcat Price At Risk Of Losing A Vital Support 4-hour chart for POPCAT/USD (Source: GeckoTerminal) The Popcat price has printed multiple lower lows and lower highs on the 4-hour chart in the last couple of days, resulting in the formation of a negative medium-term descending channel. Now, the meme coin is testing the key support level at $1.2548. Should it lose the support of this price point, POPCAT stands the risk of dropping all the way down to $0.9168. However, the Popcat price maintaining a position above $1.2548 for the next 12 hours could invalidate the bearish thesis. In this alternative scenario, the meme coin’s price might start to rise. Traders ...

Crypto prices are undergoing a healthy correction, while Popcat and Mog Coin rival Catslap ($SLAP) prepares for a ‘‘major announcement’’ that will likely power another parabolic pump. Bitcoin’s rejection at $100k, combined with President-elect Donald Trump’s overnight Truth Social post detailing his tariff plans, has sent risk assets across the board into a tailspin. Providing an excuse to take profits, crypto traders in general, and Catslap traders in particular, have taken some money off the table. Nothing goes up in a straight line forever, and pullbacks are a healthy part of the market. They allow some profits to be realized and provide attractive entry points for those who have been waiting to ‘buy the dip’.  Dog meme coin leader of the pack Dogecoin is down 13.4%, Bitcoin is off 6% at $92k, while top cat meme coin Popcat is falling 14.3%. Catslap was sliding too, priced at $0.0029 at the start of ...