However, investors should be cautious as the bearish consensus in the market might be foresight on what’s to come for Popcat. 📢RabbitX Listing Announcement 📢 By community request, $POPCAT is now available for trading with up to 20x leverage at Back the Bunny! 🐰💕🙀 pic.twitter.com/PgQcQgFl8z — RabbitX 🐇 Get 📲 App Now! (@rabbitx_io) August 27, 2024 Rejection At $0.7172 Shows Downward Trajectory Despite Popcat’s surprising performance in the past seven days, a flip in investor sentiment might have already occurred within the past couple of days.
The question then is whether Popcat will continue its astonishing rally or follow the consensus of the market. Robinhood Announces Support For Solana Yesterday, the highlight went to Solana after news that Robinhood, a trading platform that caters to crypto enthusiasts as well, announced that it now supports the Solana network.
As it currently stands, the token has been rejected on the $0.7172 ceiling, delaying any hope for the coin’s rally to break through $0.7172. The token has a strong position though.Sitting between $0.62 and $0.71 places it comfortably on a strong rebound platform that opens the opportunity to retest $1 if the market environment favors the bulls.
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