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Cat In A Dogs World Price Prediction: MEW Plunges 20% As Traders Switch To This New SOL Meme Coin For Parabolic Profits.

By 5 Mins Read

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Cat In A Dogs World prices have plummeted 20% in the last 24 hours. Traded for $0.0051 As of 08:08 AM EST, trading volume was down 37% to $199 million.

This is despite MEW being listed on several top exchanges, the most recent being OKX.

Cat In A Dogs world price is preparing for a trend reversal above $0.0058.

Cats In A Dogs World Price Chart Analysis Source: Geckoterminal.com
MEWUSD Chart Analysis Source: Geckoterminal.com

Since the beginning of the month, the price of Cat In A Dogs World has been trending lower and has found support around $0.00178. The bulls then used this support to push the price through a markup phase towards resistance around $0.005946 and back towards support around $0.00429.

The bulls were able to maintain their bullish stance by trading MEW within the bullish pennant range.

MEW is trading above its 200-day simple moving average (SMA), which confirms its long-term upside potential. If the bulls can maintain their bullish stance, MEW could overcome the 50-day SMA hurdle at $0.005852.

Additionally, the Relative Strength Index (RSI) is trading within the oversold 30 range at the same time as it is trending downward, but is currently showing signs of recovery as it attempts to rise to 35.

The Moving Average Convergence Divergence (MACD) is also consistent with a price correction towards the lower border of the bullish pennant as the signal line (orange) crosses above the moving average line (blue). The red bar in the histogram also decreases as it moves toward the neutral line, indicating that MEW is preparing for a trend reversal.

Cat In A Dogs World Price Prediction

According to Cat In A Dogs World price analysis, MEW is currently trending downward, showing signs of a trend reversal. This is because bulls try to push the price higher using a bullish pennant pattern.

Additionally, RSI has already crossed below the oversold level, indicating that MEW is poised for an uptrend due to buying. With a golden cross at $0.003941, the bulls are aiming to overcome the $0.0070 resistance against the $0.0076 target.

However, if MACD crosses below the neutral line, there will be strong bearish pressure and could push it back towards the $0.0043 level, which is in line with the 200-day SMA.

Meanwhile, as MEW price prepares for a reversal, investors are sending their SOL to Slotthana, a sloth-themed cryptocurrency ICO that raised $10 million in presales in less than two weeks.

Slotthana Raises $10 Million in Funding – Last Chance to Buy Before Launch

Slotana (SLOTH) After extending our pre-sale to give interested investors one last chance to purchase, we are preparing to announce an official launch date.

Slotthana aims to emulate the success of meme coins such as $SLERF, $PUMP, $PUNDU, and $BOME, which introduced a new launch method to Solana. This new type of launch method does not require price tiers, timers, or hard caps.

All you need is to send SOL to the token address. The team will then airdrop tokens to your wallet once the pre-sale is over.

you can also Use the widget on the official website here Specify the amount of $SOL you wish to exchange for $SLOTH. Click the ‘Buy Now’ button, select your wallet and complete the transaction.

The team has extended the pre-sale period, and with just under 11 days left until the end of the pre-sale, now is the perfect time to buy.

99Bitcoins, a popular cryptocurrency channel on YouTube with over 700,000 subscribers, believes $SLOTH is a pre-sale gem that could skyrocket 100x after launch.

To participate in the pre-sale: Buy $SLOTH on the official website here.. For every 1 SOL sent to that address, you will receive 10,000 $SLOTH.

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