The Happy Cat price plunged 34% in the last 24 hours to trade at $0.01371 as of 02:21 a.m. EST on trading volume that plunged 52% to $22.4 million.
The Happy Cat price has been on a downward trend in November to the $0.00870 support, according to data from GeckoTerminal. HAPPY then went through a rebound within a parabolic curve, completing a rounding bottom pattern.
However, the bulls could not sustain the upward trend, after which the HAPPY price went through a correction to the current price.
The correction forced the price of Happy to trade below the 200-day Simple Moving Average (SMA), but still trades above the 50-day SMA, an indication that the asset could still move up.
Meanwhile, the Relative Strength Index (RSI) is at 50, indicating neutral conditions after a recent dip from overbought levels (above 70). If the RSI moves above 60, it will signal renewed bullish momentum.
If the Happy Cat price holds above $0.015 and breaks the 200-day SMA resistance at $0.01793, the bullish continuation could push the price toward $0.02-$0.025.
Conversely, if the bears take charge of the price at this level, the Happy Cat price could plunge to the $0.00870 support zone.
Meanwhile, investors are rushing to buy the newly launched meme coin Catslap (SLAP), which ClayBro, a prominent crypto analyst with over 131K subscribers, says could be the next meme coin to surge 50X.
Catslap has surged 29% in the last 24 hours to trade at $0.005371 as of 04:21 a.m. on trading volume that soared to $1.2 million, according to CoinGecko.
The pump comes as its developer teases a ”major announcement” in less than 3 days, with some speculation it could be a listing on a major exchange like Binance or Coinbase.
This token, introduced on the Ethereum network, boasts a fully diluted market cap of more than $43 million and locked liquidity of $5.7 million.
Catslap is captivating the market with its viral slapping game, on which players compete to unleash cat slaps. Its Slapometer has gone into overdrive already, with more than 992 million slaps delivered.
Its “Hot Token” status on Best Wallet, a fast-growing crypto wallet, connects it to over 60,000 users, boosting visibility and momentum.
We be cooking. Staking now live, all website buys will be staked for 7 days at 40% APY. Early unlock by burning 🔥🔥 pic.twitter.com/ZIUK9pd3sZ
— Catslap (@CatSlapToken) November 21, 2024
Catslap’s staking feature offers a stellar 40% return.