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KIKICat price climbed 33% over the past 24 hours to trade at $0.02423 as of 11:26 p.m. EST on trading volume that increased 17% to $4.39 million.
KIKICat price aims for a breakout
THE Kiki Price analysis over the one-hour period shows a clear downward trend leading to the formation of a symmetrical triangular pattern. Symmetrical triangles often represent periods of consolidation, and the current price is approaching the top of the triangle, signaling that a breakout may be imminent.
The 50-day simple moving average (SMA) is significantly below the 200-day moving average, indicating a bearish market structure, identified as a “death cross,” according to GeckoTerminal data.
However, KIKICat price has recently been trading above the lower triangle boundary, showing some buying pressure. Resistance is seen along the descending upper trendline with price currently testing it.
The RSI currently sits at 54.47, putting it in neutral territory, slightly above the midpoint. This suggests that there is neither overbought nor oversold pressure at the moment. A rise in the RSI above 60 could indicate strengthening bullish momentum.
Meanwhile, the Moving Average Convergence Divergence (MACD) line recently crossed the signal line, forming a bullish crossover.
However, the histogram bars remain small, showing weak momentum. This indicates that even if buyers try to push KIKI higher, they do not have enough strength for a significant upward move.
KIKI Price Prediction
The symmetrical triangle pattern suggests that a breakout is likely to occur as soon as KIKICat price approaches the peak. If the breakout is bullish, the first resistance to watch is the 50-day SMA 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 falls lower, immediate support lies at $0.020. A decline below this level could lead to further declines towards the recent low of $0.015.
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Contestants engage in a slapping contest to improve their own and their country’s rankings, with all the action recorded by its Slapometer.
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SLAP holds “Hot Token” status on Best walleta fast-growing crypto wallet that connects it to over 100,000 users, building its visibility and momentum.
Its developer is also considering a token burn of $1 million in about 10 days, which could subsequently increase its value by reducing supply.
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Related news
Catslap (SLAP) – New Cat Meme Coin on Ethereum
- Listed on MEXC
- Featured on Cointelegraph
- Trending on CoinGecko, DEXTools
- More than 10,000 holders
- Slap to gain utility
- Token burns
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