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The Meow worth 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 Indicators A Bullish Pattern 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 just lately discovered help round $0.0045 – $0.0050, resulting in a rebound. This degree aligns with the bottom of an earlier parabolic progress section. If the value maintains this help, 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), presently at $0.004131, is performing as a dynamic help. The value stays above this degree, indicating an general bullish development. If it holds, the value 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 making an attempt 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 Power Index (RSI) is at 52.44, inserting it in a impartial zone. If the RSI climbs above 60, it might affirm elevated shopping for stress.
For a bullish case, the value must maintain help above $0.0045 – $0.0050 and break by $0.0075 – $0.0080 to proceed its upward motion. A confirmed breakout might push the value larger.
On the bearish facet, failure to carry help might 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 coming into lengthy positions.
Merchants Flock To Catslap (SLAP)
Because the Meow worth tries to maintain its bullish transfer going, merchants are turning to new meme coin Catslap (SLAP), the token behind a viral internet recreation the place gamers earn crypto by slapping cultural icons.
The Catslap workforce just lately burned $1 million price of tokens, lowering the full provide and presumably boosting the value of the Slap-to-Earn cryptocurrency.
The token burn additionally marked the tip of the Slapdrop contest, throughout which buyers staked over 500 million SLAP tokens. Whereas the staked tokens stay secure, any unclaimed staking rewards can be burned on Feb. 14, additional lowering 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 worth, SLAP is quickly gaining traction, fueled by rising investor curiosity and potential pro-crypto insurance policies within the US. Because it features 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, buyers are eagerly anticipating an enormous worth surge. Even crypto influencer Jacob Crypto Bury, who boasts over 45K subscribers on YouTube, has predicted that SLAP might develop into the subsequent 100X meme coin to dominate the market.
Moreover, Catslap’s partnership with Finest Pockets (BEST), one of many fastest-growing and most modern crypto wallets, additionally provides it publicity to over 105,000 customers.
Proper now SLAP is promoting for $0.00121231 and may be bought instantly on the mission’s web site utilizing ETH, USDT, or a financial institution card. Alternatively, buyers may also buy the meme coin by the centralized change MEXC.
Purchase SLAP right here earlier than the mission’s “MEGABURN” occasion in 7 days.
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10,000+ Holders
Slap To Earn Utility
Token Burns
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