Release: 2024/12/19 18:34 Reading: 329
Pudgy Penguins Price Surges Amidst Crypto Market Dip
The price of Pudgy Penguins (PENGU) has witnessed a significant 14% increase in the past 24 hours, reaching $0.03117 at 02:08 a.m. EST. This surge occurs despite an overall 4% decline in the crypto market cap to $3.6 trillion.
Technical Analysis Indicates Potential Upside
The PENGU/USD chart exhibits high volatility, with a sharp spike followed by a partial correction. The initial surge reached a peak of $0.08, but the price has since retraced.
The current price action has formed a bullish flag pattern, suggesting the possibility of further upside potential. The Relative Strength Index (RSI) indicates a neutral market sentiment, with a reading of 46.15.
Resistance and Support Levels
Key resistance levels for PENGU include $0.036 and $0.043. A breakout above $0.036 could lead to retests of higher levels. Conversely, a breakdown below $0.032 could result in a further decline towards pre-pump levels around $0.02.
Disclaimer:
The inclusion of external links or information about third-party products or services does not constitute an endorsement. Conduct your own research before making any investment decisions.
We are building the most influential,trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com