Top cryptocurrencies soared on Thursday even after the Federal Reserve delivered a highly hawkish decision. Bitcoin price crossed the key resistance at $90,000, as analysts watch whether it will cross $100,000, a move that will catalyze a surge to $109,000.
This article provides a forecast for Popcat (POPCAT), Mog Coin (MOG), Kaito (KAITO), and Grass (GRASS).
Kaito price predictions
Kaito is a top player in the crypto industry, where it provides a research portal that helps users track most tickers and their narratives. It competes with other popular players in the crypto industry, like Santiment and Nansen.
Kaito launched its airdrop earlier this year, and the token initially jumped to $2.90. Like most newly launched tokens, it then plunged to $0.66 as investors sold and sentiment worsened.
The eight-hour chart shows that the Kaito price has bounced back and moved above the important resistance level at $1.0600, the highest swing on April 26. It invalidated the double-top pattern by moving above that level.
The Relative Strength Index (RSI) and the MACD indicators have pointed upwards, a sign that it is gaining momentum. Also, the Average Directional Index (ADX) has soared to 33, and is pointing upwards. An ADX figure of 25 and above is a sign that the trend is strengthening.
Therefore, the coin will likely keep going up as bulls attempt to retest the all-time high, which is about 97% above the current level. This surge will not be a straight line, and I expect the coin to do a break-and-retest pattern by moving back to $1.06, and then resuming the uptrend.
Read more: Why are altcoins like IOTA, EOS, Quant, and Bitcoin Cash rising?
Popcat price prediction
The Popcat token bottomed at $0.1180 in April as most Solana meme coins plunged. It has bounced back and moved above the 300% above the current level.
The coin has flipped key resistance levels, including the key points at $0.2980, the highest swing on April 12 and March 3. It has recently moved above the key resistance point at $0.4460, the highest level in April this year. This price was the neckline of the inverse head and shoulders pattern.
Popcat price has moved above the 50-period and 25-day Exponential Moving Averages (EMA). Also, the coin has jumped above the top of the trading range of the Murrey Math Lines tool.
Therefore, the Popcat price will likely continue rising as bulls target the next key resistance point at $1, up by 117% from the current level. A move below the support at $0.3417 will invalidate the bullish Popcat forecast.
Mog Coin price technical analysis
The Mog Coin token price bottomed at $0.0000002582 in April and then surged to almost $0.000010. It has jumped above the crucial resistance level at $0.00000070, the lowest level in September last year.
Mog Coin price has moved above the 50-day moving average. The Relative Strength Index has moved above the overbought point. Also, the Average Directional Index has moved to 27, a sign that the momentum is continuing. Mog Coin token will likely keep surging as buyers target the resistance point at $0.0000015.
Grass price forecast
The Grass token price has remained in a tight range and underperformed other top coins like Popcat, Mog Coin, and Kaito. It was trading at $1.55, a few points above the lowest level this month.
The token has formed a giant symmetrical triangle pattern, with the two lines nearing their confluence levels. Also, the Awesome Oscillator has remained below the zero line.
Therefore, the token will likely go through a short-squeeze and possibly reach a high of $2.50, up by 60% from the current level.
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