POPCAT recently surged more than 2%, approaching the $0.70 mark. If bulls can maintain this support, a new ATH could be on the horizon.
Despite a bearish start to September, holders have maintained confidence in POPCAT’s long-term prospects. In just over three months, the wallet count has increased by approximately 30%, reaching 68,651 at press time., POPCAT tracked Bitcoin’s late August drop into early September, failing to breach the $0.75 resistance and quickly falling back to $0.40 within just two weeks.
Now, as POPCAT approaches the $0.70 price range, coinciding with BTC’s struggle to hold the $60K ceiling, will historical patterns resurface, or will bulls drive POPCAT to new heights?On the daily price chart, bulls have pushed POPCAT above $0.70. Additionally, OI remains below its mid-July peak when POPCAT hit its ATH, reflecting lower activity from futures traders, while the CMF has remained unchanged.
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