🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
POPCAT To Rise Further? This Emerging Fractal Pattern Saying Yes!
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.
Source: Coinmarketcap 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.
PENGU and POPCAT Fractal Chart/Coinsprobe (Source: Tradingview) 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.