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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 Value 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 current pullback. MEOW lately discovered assist round $0.0045 – $0.0050, resulting in a rebound. This degree aligns with the bottom of an earlier parabolic development section. If the worth maintains this assist, it might try one other rise towards the resistance zone at $0.0075 – $0.0080, the place earlier rejections occurred.
The 50-day transferring common (MA), at present at $0.004131, is performing as a dynamic assist. The value stays above this degree, indicating an general bullish pattern. If it holds, the worth might proceed its upward trajectory. In the meantime, the Transferring 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 might sign renewed bullish momentum. Moreover, the Relative Energy Index (RSI) is at 52.44, putting it in a impartial zone. If the RSI climbs above 60, it might affirm elevated shopping for strain.
For a bullish case, the worth must maintain assist above $0.0045 – $0.0050 and break via $0.0075 – $0.0080 to proceed its upward motion. A confirmed breakout might push the worth larger.
On the bearish aspect, failure to carry assist might result in a decline towards $0.0035 and even the historic assist 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 coming 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 group lately burned $1 million price of tokens, lowering the full provide and probably 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 can be burned on Feb. 14, additional lowering provide and supporting the token’s worth.
The fireplace division simply unfollowed. They’ll’t sustain with these burns. 😺
9 days … 🔥 pic.twitter.com/3lIqfTPtlW
— Catslap (@CatSlapToken) February 5, 2025
Following a powerful 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 pacesetter 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 might change into the following 100X meme coin to dominate the market.
Moreover, Catslap’s partnership with Finest Pockets (BEST), one of many fastest-growing and most revolutionary crypto wallets, additionally offers it publicity to over 105,000 customers.
Proper now SLAP is promoting for $0.00121231 and may be bought immediately on the venture’s web site utilizing ETH, USDT, or a financial institution card. Alternatively, traders also can buy the meme coin via the centralized alternate MEXC.
Purchase SLAP right here earlier than the venture’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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