Pudgy Penguins (PENGU) Makes a Splash Among Top Gainers, Is This the Start of a Major Bull Run?
- Grassouchis penguins are negotiated in the range of $ 0.01169.
- Pengu's daily trading volume jumped 88%.
Recovery attempts have pushed the market capitalization of cryptography to 3 dollars of dollars, with losses and persistent gains on the market. Reading the fear and greed index stands at 56, reflecting neutral impulse. Meanwhile, grass -penguin penguins (Pengu) recorded an increase of 10.81%, emerging as the best winner.
The robust upward wave of the asset can emerge after testing the crucial resistances. The Grassouiers penguins opened the day to a daily hollow of $ 0.01023. Bulls commands broke the resistance at $ 0.01094 and $ 0.01188, sending the price to a summit of $ 0.01268.
At the time of the press, fatty penguins negotiated As part of the range of 0.01169, with a market capitalization of $ 734 million. In particular, the daily negotiation volume of the assets increased by more than 88.94%, reaching $ 251 million.
Will Pengu take off to new heights?
The brief Haussier feeling of Penguer could trigger the prices rise in $ 0.01,198. Assuming that the strength of the bull remains, the asset can drive it up to $ 0.01232. This range, after having broken, launches a rally, climbing to its old summits.
If the asset triggers a downward correction, the price could slip to $ 0.01,158. Prolonged loss triggers a death cross, potential bears pushing the fatty penguins to its stockings established at around $ 0.01115.
The line of divergence of Mobile Average Convergence (MacD) is slightly higher than the signal line. This probably indicates a positive crossing with the potential to come to come if it remains above. In addition. The Chaikin Monetary Flow indicator from Pengu (CMF) to -0.10 suggests a slight sale pressure and the money coming out of the assets.
The value of the active bull power (BBP) of 0.000514 shows an increase momentumWhich is weak. In addition, the daily relative force index (RSI) of fatty penguins is at 57.19, which indicates that the asset is in neutrally bullish territory.
Warning: The opinion expressed in this article is only that of the author. He represents no investment advice. Thenewscrypto team encourages everything to do their own research before investing.
Crypto news highlighted
The dry abandons the file of securities against the influencer of Crypto Ian Balina
share
