Popcat, a superior currency of Solana Meme, has organized a strong return when investors bought immersion and exchange reserves.
Popcat (Damping) increased for four consecutive days, reaching a maximum of $ 0.25, its highest level since March 25. He has jumped in 100% soul from its level below this month.
The jump occurred when cryptographic investors bought sauce in a specific solar (SUN) Meme coins like Fartcoin (Fartcoin), Goatseus Maximus, Fartboy and Vine.
Nansen’s data show that more investors are moving their popcat tokens of exchanges to Autocustody. The exchange balances have decreased by almost 10% in the last seven days to 239.5 million, below 262 million the same day of last week. Most of these exits were by bybit, Raydium and Coinbase.
The weekly supply of Tokens Popcat in exchanges fell by 2.3% to 24%. Falling Exchange Reserves is an upward sign, which indicates that more investors are taking a long -term vision of the currency and are not throwing their tokens.
More data show that Popcat operators more profitable in the last seven days are not being sold. The best merchant has obtained a gain of $ 173,000 and still has 97% of its position. The table below shows that many of these merchants still have their tokens.
Popcat Pricing Analysis
The daily table shows that Popcat’s price has recovered in recent days. This rebound occurred after the Token formed a wedge pattern that is shown in blue. This pattern is composed of two descending and convergent tendency.
The Token Popcat has moved slightly above the 50 -day mobile average, while the relative resistance index and other oscillators have indicated up.
Therefore, the currency will probably continue to increase as the Bulls sign up for the disposal level of 23.6% to $ 0.5982, 142% more than the current level.