The BookOfPussyCats price jumped 94% in the last 24 hours to trade at $0.004357 as of 3:15 a.m. EST on trading volume that skyrocketed 162% to $3.49 million.

BOCA is a newly launched cat-based meme coin that fór lifandi on April 16. The project captured the attention of the market as soon as it appeared.

Samkvæmt einu af því updates on X, it reached $9 million in volume, over 4,500 holders, and more than 4,000 Telegram members in under 24 hours.

It was trending on multiple platforms over the past few days, including CoinMarketCap, where it was only listed yesterday. Even now, it sits as the 2nd on CoinMarketCap’s list of trending cryptocurrencies.

The BOCA token was listed and supported on multiple wallets and trading platforms already, but even so, its price has been struggling to grow, stuck between a support at $0.004 and a resistance at $0.005.

BookOfPussyCats Price Prediction

With BOCA price surging in the last 24 hours only to hit a resistance at $0.0050, many are turning to technical indicators to try and predict what will happen next. So far, the token is still too young to rely on its historical data, so trying to predict its movements based on trader behavior is the only alternative.

With that said, BOCA may be about to see an upcoming correction, for several reasons. The first of them is the fact that the token saw a rather rapid and sharp surge up, which is typically followed by a sharp correction. The project already saw its price correct slightly but, as can be seen on the chart below, it managed to bounce back up — for the time being.

Now, however, BOCA’s Bollinger bands have become much more narrow, which is typically a bearish signal. Meanwhile, its Relative Strength Index (RSI) value once again ventured into the overbought zone, which could be the signal that the traders were waiting for before they rush in to take profit.

If they start selling now, this will ensure the token’s price drop in hours to come. Of course, this is still just speculation at this point, and many developments could impact both BOCA and the wider crypto industry to change the situation.

For the time being, it appears that the BOCA price is struggling against a resistance at $0.0050. If the market sentiment remains bullish and a new rally kicks off, this barrier could break, allowing the token an opportunity to surge further up and go back up to the levels seen soon after its launch and the original listings.

However, if a new correction starts, the BOCA price will likely drop back to the support at $0.0040 first. Then, depending on the severity of the drop, it might make this level its new bottom, or it could sink back toward $0.0023, returning to the price it saw before yesterday’s surge.

Promising Alternatives to BookOfPussyCats

While BookOfPussyCats provided many of its token holders with considerable profits, opportunity seekers in the crypto industry might be interested in another upcoming crypto called Slothana (SLOTH).

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Slothana emerged as a sloth-based cryptocurrency in the middle of a war between cat coins and dog coins. As such, it quickly gained the attention of the market thanks to its laid-back attitude. The project managed to raise over $10 million in less than two weeks after its presale kicked off, and right now it is awaiting its first listing.

The platform recently added a countdown to its website, which shows that there is less than 10 days before SLOTH goes live. However, while the presale has reached its goals, there are still SLOTH tokens to buy, so it is not too late for investors to join.

Anyone can buy SLOTH in exchange for SOL, with each SOL being worth 10,000 SLOTH.

🚀 Hold onto your branches, Slothana faithful! 🌿 We’re gearing up to drop some major news: the official launch date is on the horizon! ⏰ Get ready to mark your calendars and set your alarms, because a countdown timer will soon grace our site. Let the hype for the Slothana…

— Slothana (@SlothanaCoin) Apríl 14, 2024

Once the presale is over, the tokens will be airdropped to the investor’s wallet. With under 10 days until the end of the presale, this is the last chance to join before the SLOTH price comes under the influence of market sentiment.

Visit the official website and buy SLOTH here.

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• Heimild: https://insidebitcoins.com/news/bookofpussycats-price-prediction-boca-rockets-94-as-traders-rush-to-buy-this-other-solana-meme-coin-with-time-running-out