Date: Sat, July 12, 2025 | 08:42 AM GMT
The cryptocurrency market has reached a historic moment as Bitcoin (BTC) surged to a new all-time high of $118K. Ethereum (ETH) also posted an impressive 17% weekly gain, reinforcing bullish sentiment across major memecoins.
Among the standout performers, Popcat (POPCAT) is gaining attention again with a solid 26% weekly gain. What’s even more interesting is that the chart is now showing a familiar fractal pattern — one recently seen in another memecoin’s explosive rally.
POPCAT Mirrors PENGU’s Breakout Setup
A side-by-side comparison of PENGU and POPCAT on the daily charts reveals a striking similarity.
PENGU recently broke out of a falling wedge — a pattern that often signals the end of a downtrend and the beginning of a new bullish phase. After reclaiming its 100-day moving average (MA), PENGU surged by over 150%, catching many by surprise.
Now, POPCAT seems to be copying that exact blueprint.
The POPCAT chart shows a similar falling wedge breakout attempt. It has already reclaimed the 100-day MA — just like PENGU did before its rally — and is now challenging the upper resistance of the wedge. If history repeats itself, POPCAT could be next in line for a significant breakout.
What’s Next for POPCAT?
If POPCAT breaks above the wedge with strong momentum, the next major resistance is seen around $0.64 — which would represent a potential 75% upside from current levels.
However, as always, confirmation is key. If POPCAT fails to hold above the 100-day MA or faces rejection at wedge resistance, a short-term pullback or consolidation may occur.
Disclaimer: This article is for informational purposes only and reflects the writer’s personal views. It should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.
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