no bullish signs and all are on the bearish side
The POPO token has signified great performance on the daily time frame chart with 70.74% performance growth in the last month, and quarter performance has shown by 25.13% increase.
However, the rally did not maintain near the supply level as the price failed to move up and rather started declining on March 11th, 2024, and has been dropping since then, which led to its poor price performance on the daily chart with a decline of -6.22% percentile.
At the time of writing, its market cap in accordance with the POPO project is $114,333.69 Million, per Coinmarketcap website. Its current market price is trading at $0.0000000002720.
Therefore, if the price continues to break support of $0.0000000002500 then the price will deteriorate more and seek lower levels. On the flip side, if it manages to sustain over $0.0000000002500 support and jumps, then the turnaround can be massive, leading to new higher levels towards the supply level, and breaching the supply would open doors to new zeniths.
Currently, the major indicators give no bullish signs and all are on the bearish side, which is backing the bearish angle of the price performance forecast on the daily chart. The MACD with bearish cross is at -0.00000000000042, and the signal line stands at -0.00000000000152.
However, the rally did not maintain near the supply level as the price failed to move up and rather started declining on March 11th, 2024, and has been dropping since then, which led to its poor price performance on the daily chart with a decline of -6.22% percentile.
At the time of writing, its market cap in accordance with the POPO project is $114,333.69 Million, per Coinmarketcap website. Its current market price is trading at $0.0000000002720.
Therefore, if the price continues to break support of $0.0000000002500 then the price will deteriorate more and seek lower levels. On the flip side, if it manages to sustain over $0.0000000002500 support and jumps, then the turnaround can be massive, leading to new higher levels towards the supply level, and breaching the supply would open doors to new zeniths.
Currently, the major indicators give no bullish signs and all are on the bearish side, which is backing the bearish angle of the price performance forecast on the daily chart. The MACD with bearish cross is at -0.00000000000042, and the signal line stands at -0.00000000000152.