Current Pudgy Penguins Price
$0.01506 (4.101% 24-hour change)
Pudgy Penguins (PENGU) Technical Analysis
Key Trading Signals & Indicators
Traders leverage technical indicators to predict PENGU's trajectory:
- Support/Resistance Levels: Identify supply/demand zones and trend reversals.
- Chart Patterns: Trend lines help forecast candlestick movements.
- Indicators: RSI, Moving Averages (MA), and MACD determine long-term trends.
Recent Trend: Bearish. Price dipped below $0.00 resistance, signaling downward momentum. Despite this, PENGU remains neutral year-to-date.
Relative Strength Index (RSI)
- 1-Week RSI: 0.00 (bearish).
- Key Insight: RSI below 50 suggests oversold conditions; resistance at 50 could reverse trends.
Moving Averages (MA)
- 1-Week MA: Neutral (50-day MA below 200-day MA, price above both).
- Trend Confirmation: MA crossovers indicate shifts in momentum.
MACD
- 1-Week MACD: Bearish (signal line below 50, negative histogram for 50 periods).
Fundamental Analysis
Supply & Demand Dynamics
- Market Cap: $944.14M.
- Circulating Supply: 62.86B PENGU.
- Demand Drivers: On-chain activity (active addresses, transaction volume).
Price Influencers
- Adoption: Increased utility drives demand.
- Events: Protocol updates/hard forks impact valuation.
- Whale Activity: Large holders cause volatility.
- Regulations: Institutional policies affect market sentiment.
Price Prediction Summary
- Short-Term (2025): Bullish (technical indicators favor upward momentum).
- Long-Term (2025–2029): Dependent on adoption, market trends, and ecosystem growth.
👉 Explore real-time PENGU charts
FAQs
1. What is Pudgy Penguins' price range today?
$0.0142–$0.01638 (2 Jul).
2. Is Pudgy Penguins bullish or bearish?
Current sentiment is bullish (technical analysis).
3. Key resistance/support levels?
- Support: $0.00.
- Resistance: $0.00 (watch for breaks).
4. Should I invest in PENGU?
Conduct fundamental + technical analysis and consult a financial advisor.
Disclaimer
This content is informational only. Cryptocurrency investments carry risks—research thoroughly before committing funds.