POPCATUSDT Technical & General Analysis with full chart || CRYPTOWALA

General Analysis of POPCAT 

Fundamental Information

• Token Description: POPCAT is a cryptocurrency launched in 2023 on the Solana platform. The project aims to create a community-driven ecosystem that supports various applications and services within the crypto space.

• Market Cap: $229,487,680

• Circulating Supply: 979,973,184 POPCAT tokens

• Total Supply: 979,973,220.96 POPCAT tokens

Recent News Summary

1. Whales Selling Strategy: Whales Sell Fartcoin and POPCAT Through DCA Strategy - A significant whale is selling 10 million POPCAT tokens, valued at $2.68 million, using a Dollar-Cost Averaging (DCA) strategy. This indicates bearish sentiment as large holders are offloading their positions. (Published on April 15, 2025)
   Market Cycle Sentiment: POPCAT Holders in “Anger” Despite Recent Peaks In Price - Investors are experiencing frustration after a price drop below $0.25. The token needs to surpass $0.40 for sustained growth, but low market inflows and negative sentiment could hinder recovery. (Published on March 29, 2025)
   Monitoring Relative Strength: Monitoring POPCAT Relative Strength - Ongoing analysis of the token's relative strength indicates a cautious approach among traders. (Published on April 11, 2025)

Conclusion

The current sentiment around POPCAT appears to be bearish, primarily due to significant sell-offs by large holders and the frustration among retail investors following recent price declines. The token faces resistance at $0.40, and without positive market inflows, recovery may be challenging.

Technical Indicators for POPCAT (Popcat)

Bullish Indicators

Currently, there are no bullish indicators for POPCAT, indicating a lack of strong upward momentum in the market.

Bearish Indicators

1. RSI (Relative Strength Index):
   • Current RSI: 34.70
   • Previous RSI: 33.25
   • Trend: The RSI is in the oversold territory, indicating that the asset may be undervalued, but it is also showing signs of being overbought recently, which could lead to a price correction.

Detailed Technical Analysis

1. KDJ:

   • Current KDJ Value: 13.24
   • Previous KDJ Value: 13.59
   • The KDJ indicator shows a slight downward trend, indicating weak momentum.

2. Bollinger Bands:

   • Current Price: 0.2283
   • Lower Band: 0.2289
   • Middle Band: 0.2471
   • Upper Band: 0.2652
   • The price is near the lower band, suggesting potential for a bounce back if buying pressure increases.

3. MACD:

   • Current MACD Histogram: -0.00152
   • Previous MACD Histogram: -0.00179
   • The MACD line is below the signal line, indicating bearish momentum, but the histogram shows a slight improvement, suggesting a potential reversal if momentum shifts.

Conclusion

The technical indicators for POPCAT suggest a bearish sentiment overall, with no strong bullish signals present. The RSI indicates oversold conditions, while the KDJ and MACD show weak momentum. Traders should be cautious and consider potential price corrections in the near term.

Technical Analysis Charts : 

MACD Charts :

RSI Charts : Overbought