Made in USA Coins delivered a mixed performance during the first week of May, Le Pengu, the Suis and the rendering showing very different trajectories. Pengu jumped 107% in last week, reporting a strong recovery after months of correction.
Suis also impressed, jumping 70% and positioning itself among the largest climbs in currency in the United States. Meanwhile, Render had trouble gaining ground, underperforming both the wider market and the main parts of AI.
Fatty penguins (pingou)
Pengu was once the main play of memes on Solana, reaching a cutting -edge market capitalization of 2.9 billion dollars on January 6.
However, after its explosive increase, the token entered a prolonged correction phase, its market capitalization falling below the $ 1 billion mark on January 29.
Since then, Pengu has had trouble regaining his previous momentum, reflecting a wider cooling interest in coins during this period.
Despite the correction, a recent price action suggests that feeling around the pingou could move again.
Over the past seven days, Pengu has jumped by 107%, including a gain of more than 16% in the last 24 hours. Pengu could soon test the level of resistance of 0.011 if this strong momentum continues.
A break above this point could open the way to $ 0.0126, and if the upward pressure remains strong, other targets at $ 0.0171 and even $ 0.0223 could come into play – exceeding the brand of $ 0.020 for the first time since January 27.
Sui
Suis was one of the out-of-competition artists among altcoins during last week, increasing 70% and positioning itself just behind Cardano, Solana and XRP in market capitalization among the main parts manufactured in the United States.
With such a powerful movement quickly, SU tackles the critical technical levels that could determine if the rally continues or faces a decline.
Recently, Suis tested the resistance at $ 3.73 but failed to pierce it. If he manages to test this level again and to successfully perceive, the following objective would be $ 4.25, which will also mark the first time on $ 4 since January 31.
However, if the bullish impetus fades, sui could trace to test the support area of $ 3.25.
The loss of this support could lead to a more in -depth correction around $ 2.92, even $ 2.51, which makes the action of upcoming prices particularly important to assess whether the SUP rally can extend more.
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The rendering has been lagging behind the larger market, only displaying a 2% gain in the last seven days, much less than most other major parts made in the United States.
He also underperform compared to the upper tokens focused on AI, such as Tao, Fet and Virtual, which showed much stronger momentum.
This dull performance suggests that if the accounts of artificial intelligence continue to gain ground, the rendering had trouble capturing the same level of enthusiasm, which raises its concerns concerning its short -term perspectives compared to its peers.
Technically, the EMA lines of Render report a potential weakness, with the possibility of a cross of death soon forming.
If the downward trend is materialized, the rendering could first test the support at $ 4.25; Losing this level could open the door to deeper drops at $ 3.82, $ 3.55 and even $ 3.14.
However, if Render manages to find a positive momentum, a rebound around $ 4.63 could still be at stake.
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