Altcoins GOAT, SUI, POPCAT Face Post-Peak Declines
Altcoins like GOAT, Suiand POPCAT have seen a significant shift in momentum after their recent peaks. GOAT, which hit a record high of $1.37, has fallen 25.42% in the past week, falling out of the top 10 meme coins.
SUI fell 7.56% after reaching $3.94, with its market capitalization falling below $10 billion, lagging behind altcoins such as Bitcoin Cash and Bitcoin. chain link. Meanwhile, POPCAT has declined significantly by 21.00% from its high of $2.08, indicating that a further correction is likely as a bearish technical pattern emerges.
goat
goat price The stock price has fallen sharply, falling 25.42% in the past week, and its market value fell below US$1 billion. After reaching an all-time high of $1.37 on November 17, the altcoin’s momentum has cooled.
Once in the top 10 Meme Coin The company currently ranks 12th in terms of market capitalization, being overtaken by MOG and MEW.
If bullish momentum returns, GOAT may test resistance at $1.23, potentially breaking above the previous high of $1.37. However, the EMA line indicates a general downward trend.
If this continues, the coin may test the $0.69 support and if it fails to hold the level, the price may drop to $0.419.
Sui
Sui It hit an all-time high of $3.94 on November 17, but has since entered a downward trend, falling 7.56% in the past week.
this Altcoins Market cap recently fell below $10 billion, lagging other companies Altcoins rise Examples include Bitcoin Cash (BCH) and Chainlink (LINK). The coin has recently faced Power outage for two hoursbut its price did not drop as many expected and remained above $3.
The EMA lines indicate that SUI is in a downtrend, with the short-term line approaching a bearish crossover below the long-term line. If this continues, SUI could test support at $3.09, and if it fails to hold lower levels, it could drop to $2.2.
However, new bullish momentum could see SUI challenge its all-time high of $3.94 and potentially test $4, pushing its market cap to $11.5 billion for the first time.
popular cat
popular cat It reached an all-time high of $2.08 about a week ago, but has since fallen sharply, down 21.00% in the past seven days.
This decline was accompanied by a bearish signal as the shortest moving average crossed below the longest moving average, forming a death cross. This technical pattern suggests increasing selling pressure and the potential for further downside.
If the pullback continues, POPCAT could test support at $1.17, with a drop to $0.9 possible if the lower support fails.
However, a reversal in momentum could lead to POPCAT rising to test $1.82, which, if broken, could lead to a return to the $2 mark, potentially setting a new all-time high.
Disclaimer
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