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The Meow value has soared 22% within the final 24 hours to commerce at $0.00595 as of seven:00 a.m. EST on a 44% plunge in buying and selling quantity to $139 million.
Meow Worth Alerts A Bullish Development Continuation
The MEOW/USD buying and selling pair on the 1-day timeframe is exhibiting indicators of a possible bullish continuation after a latest pullback. MEOW lately discovered help round $0.0045 – $0.0050, resulting in a rebound. This degree aligns with the bottom of an earlier parabolic development part. If the worth maintains this help, it may try one other upward thrust towards the resistance zone at $0.0075 – $0.0080, the place earlier rejections occurred.
The 50-day shifting common (MA), presently at $0.004131, is appearing as a dynamic help. The value stays above this degree, indicating an total bullish development. If it holds, the worth may proceed its upward trajectory. In the meantime, the Shifting Common Convergence Divergence (MACD) indicator is exhibiting early indicators of a bullish crossover, with the MACD line at 0.00040356 trying to maneuver above the sign line at 0.00073523.
MEOWUSD Evaluation Supply: Dextools.io
If this crossover is confirmed, it may sign renewed bullish momentum. Moreover, the Relative Power Index (RSI) is at 52.44, putting it in a impartial zone. If the RSI climbs above 60, it may affirm elevated shopping for stress.
For a bullish case, the worth must maintain help above $0.0045 – $0.0050 and break by means of $0.0075 – $0.0080 to proceed its upward motion. A confirmed breakout may push the worth increased.
On the bearish facet, failure to carry help may result in a decline towards $0.0035 and even the historic help zone close to $0.0020. Merchants ought to look ahead to a MACD crossover, an RSI breakout above 60, and powerful quantity affirmation earlier than getting into lengthy positions.
Merchants Flock To Catslap (SLAP)
Because the Meow value tries to maintain its bullish transfer going, merchants are turning to new meme coin Catslap (SLAP), the token behind a viral internet sport the place gamers earn crypto by slapping cultural icons.
The Catslap crew lately burned $1 million price of tokens, decreasing the entire provide and presumably boosting the worth of the Slap-to-Earn cryptocurrency.
The token burn additionally marked the top of the Slapdrop contest, throughout which traders staked over 500 million SLAP tokens. Whereas the staked tokens stay protected, any unclaimed staking rewards might be burned on Feb. 14, additional decreasing provide and supporting the token’s worth.
The hearth division simply unfollowed. They will’t sustain with these burns. 😺
9 days … 🔥 pic.twitter.com/3lIqfTPtlW
— Catslap (@CatSlapToken) February 5, 2025
Following a formidable 969% surge from its presale value, SLAP is quickly gaining traction, fueled by rising investor curiosity and potential pro-crypto insurance policies within the US. Because it beneficial properties momentum, Catslap is positioning itself as a frontrunner within the meme coin sector, with the potential to outpace rivals like MEOW and MOG.
With the upcoming “MEGABURN” occasion scheduled within the subsequent 7 days, traders are eagerly anticipating an enormous value surge. Even crypto influencer Jacob Crypto Bury, who boasts over 45K subscribers on YouTube, has predicted that SLAP may turn out to be the subsequent 100X meme coin to dominate the market.
Moreover, Catslap’s partnership with Greatest Pockets (BEST), one of many fastest-growing and most progressive crypto wallets, additionally provides it publicity to over 105,000 customers.
Proper now SLAP is promoting for $0.00121231 and may be bought straight on the undertaking’s web site utilizing ETH, USDT, or a financial institution card. Alternatively, traders may also buy the meme coin by means of the centralized trade MEXC.
Purchase SLAP right here earlier than the undertaking’s “MEGABURN” occasion in 7 days.
Associated Articles:
Catslap (SLAP) – New Cat Meme Coin On Ethereum
- Listed on MEXC
- Featured on Cointelegraph
- Trending on CoinGecko, DEXTools
- 10,000+ Holders
- Slap To Earn Utility
- Token Burns
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