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Price Prediction

KIKICat price rises 33% as this competitor plans to burn $1 million worth of token

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KIKICat’s price is up 33% in the past 24 hours to trade at $0.02423 as of 11:26 PM EST on trading volume that is up 17% to $4.39 million.

KIKICat price aims to breakout

the Kiki price Analysis on the 1-hour time frame shows a clear downward trend leading to the formation of a symmetrical triangle pattern. Symmetrical triangles often represent periods of consolidation, and the current price is approaching the top of the triangle, indicating that a breakout may be imminent.

The 50-day simple moving average (SMA) is well below the 200-day SMA, indicating a bearish market structure, which has been identified as a “death cross,” according to GeckoTerminal Data.

However, KIKICat’s price recently traded above the lower border of the triangle, showing some buying pressure. Resistance appears along the upper downtrend line, which the price is currently testing.

The RSI currently stands at 54.47, which puts it in neutral territory, just above the midpoint. This indicates that there is no overbought or oversold pressure at the moment. An RSI above 60 may indicate strong upward momentum.

Meanwhile, the Moving Average Convergence-Divergence (MACD) line recently crossed above the signal line, forming a bullish crossover.

However, the chart bars remain small, indicating weak momentum. This indicates that while buyers are trying to push Kiki higher, they lack enough strength to make a significant upward move.

KIKI/USD chart analysis source: GeckoTerminal

Kiki price prediction

The symmetrical triangle pattern indicates that a breakout is likely to occur soon when KIKICat price is approaching the top. If the breakout is to the upside, the first resistance to watch is the 50-day simple moving average at around $0.028, followed by psychological and technical resistance at $0.030. A confirmed breakout could target the next major resistance level at $0.036 (200-day SMA).

Conversely, if KIKICat price breaks down, immediate support is located at $0.020. A drop below this level could lead to a further decline towards the recent low of $0.015.

Meanwhile, investors are rushing to buy the viral meme coin catlap (slap)which ClayBro, a prominent cryptocurrency analyst with over 135,000 subscribers, says could be the next meme coin to surge 50x.

Buy Catslap before your $1M token is burned

A new feline force is roaming through the cryptocurrency jungle with unprecedented aggression. Catslap is a fierce competitor to cat-themed meme coins, including the Popcat and Mog Coin, and is also a way for token holders to deliver powerful slaps.

Participants engage in a slapping competition to boost their own and national rankings, and all actions are scored by a slapping scale.

SLAP keeps the “Hot Token” status running Best walleta fast-growing cryptocurrency wallet that connects it to over 100,000 users, boosting its visibility and momentum.

Its developer is also burning a token worth $1 million in about 10 days, which could later increase its value by reducing the supply.

Catslap’s staking feature also offers an excellent 30% return.

Visit the $SLAP code.

Related news

Catslap (SLAP) – New cat meme coin on Ethereum

CatslabCatslab
  • Listed on MEXC
  • Featured on Cointelegraph
  • Popular on CoinGecko and DEXTools
  • More than 10,000 pregnant women
  • Slap to gain benefit
  • Burns symbol

CatslabCatslab


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