Koma Inu Price Prediction: KOMA Trends No. 2 On CoinGecko After 50% Pump, But Traders Flock To This Cat Coin Ahead Of A Huge Token Burn
The Koma Inu price has pumped 50% in the last 24 hours to trade at $0.05490 as of 7 a.m. EST on a 20% jump in trading volume to $31.5 million.
This surge in the KOMA price has the token trending in second place on CoinGecko.
Koma Inu Price Surges, Faces Key Resistance Levels – Will the Rally Continue?
KOMA/USDT price has seen an impressive surge in recent trading sessions, currently trading at $0.05490 , despite a slight 1.08% decline in the last 4 hours. This move follows a breakout from a consolidation phase, with the price forming a parabolic upward trajectory, indicating strong bullish momentum.
Investors have pushed the token higher, but with resistance levels approaching, questions arise about whether this rally can sustain its momentum or if a correction is imminent.
KOMAUSDT Analysis Source: Tradingview
KOMA has broken above a key resistance level and is now approaching a new supply zone between $0.06000 and $0.07000. This level is expected to act as a strong resistance, as past price action suggests sellers might step in.
On the downside, the support range between $0.03241 and $0.03758 remains critical, serving as a foundation for the latest rally. If the price retraces, this zone will be closely watched by traders looking to re-enter long positions.
One of the key technical indicators to monitor is the Relative Strength Index (RSI), which currently stands at 68.41. This reading is close to the overbought territory of 70, signaling that the asset could be due for a pullback.
If RSI crosses above 70, it may indicate further upside potential, but if it starts declining while the price remains elevated, a bearish divergence could emerge, hinting at an upcoming correction. Historically, such conditions often lead to temporary profit-taking before the next move.
If buying pressure continues, KOMA could aim for the $0.060 – $0.070 resistance zone. However, a failure to break through this level might result in a price rejection, leading to a potential retest of lower support levels. Given the parabolic nature of the recent surge, market participants should remain cautious, as steep climbs are often followed by equally sharp pullbacks.
Catslap (SLAP) Prepares For “Megaburn” Event
As the Koma Inu price surges, traders are also turning to viral meme coin Catslap (SLAP) , best known for for a viral game in which players earn crypto for slapping things.
With its highly anticipated “Megaburn” event set to take place in less than 3 days, speculation is mounting over another potential rally. Previous burns have triggered significant price surges, and token burns always put upward pressure on prices.
Crypto influencer Jacob Crypto Bury, with over 45k YouTube subscribers, predicts that SLAP could be the next 100X meme coin.
Catslap has strengthened its market position through a strategic partnership with Best Wallet , one of the fastest-growing crypto Web3 wallets. This collaboration exposes SLAP to the wallet’s over 250,000 monthly active users.
Currently trading at $0.00118224, SLAP is available for purchase using ETH, USDT, or a bank card.
Buy SLAP here.
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- New BTC Bull Meme Coin Raises $100K In Minutes
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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