GOAT’s price jumped approximately 17% after OKX announced the listing of the GOAT/USDT spot pair on December 12. This development adds to the token’s ongoing recovery from a recent sharp correction, fueling optimism for further gains.

Key indicators such as the Average Directional Index (ADX) and Relative Strength Index (RSI) point to strengthening momentum, with bullish activity beginning to take shape. The coming days will be crucial in determining whether the listing drives GOAT to surpass resistance levels and aim for prices above $1.

GOAT Listing Announcement Could Spark New Surge

GOAT price jumped roughly 17% after OKX tweeted that it would be listing its USDT spot pair on December 12. The meme coin, which was already recovering from a recent correction, could see new sparks depending on how some metrics will play in the next days.

GOAT’s ADX surged above 32 on December 10, signaling the strength of a significant downtrend that resulted in a 40% price correction over just three days. Still, GOAT remains the biggest meme coin initially launched on Pump.fun in terms of market cap.

This sharp drop reflected intense selling pressure, and ADX levels indicated strong and sustained bearish momentum during that period.

ADX, or Average Directional Index, measures trend strength without considering direction. Values below 20 indicate a weak or non-existent trend, while readings above 25 point to a stronger trend.

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Author: Tiago Amaral