Key notes
- Chain data show that whales with more than a million dollars in assets have acquired 240 million pingou tokens.
- Analyst Ali Martinez notes that a “Buy” supertrend signal, suggesting that a break greater than 0.018 could trigger a rally at $ 0.028.
- Despite recent gains, the PEGGU RSI of 72.16 points for excessive conditions, referring to a possible exhaustion.
Pingou
Pingou
$ 0,0160
24h volatility:
5.0%
COURTIC CAPESSION:
$ 1.01 B
Flight. 24 hours:
$ 389.45
The native cryptocurrency of fatty penguins experienced a solid increase of 67% in last week in the middle of a strong bullish feeling among investors. This rally comes despite the consolidation of the wider cryptography market.
After these massive pingou price gains during last week, market analysts remain divided on what could be the next trajectory for Altcoin.
At the time of the press, the Pingou price is negotiated at $ 0.01612, its daily negotiation volume is still more than $ 1.01 billion. Consider both sides, bullish and lowering, so that Pingou investors make an informed decision on what is happening.
Optimistic taking on the Pingou Prize
In order for the Lengu prices rally to continue, it must break the resistance of $ 0.17 upwards. Crypto analyst Ali Martinez reports that even Coin $ Pengu has returned to a “Buy” signal on the Supertrend indicator, reporting a renewed bullish momentum.
$ Pengue Incorporated into a “purchase” on the Superrend indicator, gathering more than 90% last week. A decision above $ 0.018 could prepare the ground for another step up to $ 0.028! pic.twitter.com/uhxnuzdnbz
– Ali (@ali_charts) July 4, 2025
The token has already earned more than 90% in last week, and an escape higher at the resistance level of $ 0.018 could open the way to another rally to $ 0.028. Merchants are now looking closely at this key threshold for confirmation of the next step.
On the other hand, Pengu experienced a strong accumulation during last week. Chain data reveal that portfolios holding more than a million dollars in cryptographic active ingredients have collectively added around 240 million pingou tokens.
This increase in high -value purchases suggests growing confidence among experienced investors in the upward potential of the token.
Funding rate, RSI Flash lowering signals
At the time of the press, the relative resistance index of Pengu (RSI) amounts to 72,16, signaling over -rascal conditions. This high RSI level indicates that the recent purchase pressure can be unbearable, which increases the possibility of a short -term price or consolidation as the market momentum begins to cool.
Le Pengu RSI is in exaggerated territory. Source: tradingView
On the other hand, the aggregated funding rate of Pengu on the derivative market was largely negative, reflecting a lower feeling around the cryptocurrency. At the time of writing the editorial staff, the funding rate is -0,0005%, which indicates that short positions dominate.
This sustained negative financing rate, associated with signs of the buyer’s fatigue, suggests that the Pingou can be ready for a short -term price correction.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Bhushan is a fintech enthusiast and has a good flair in understanding the financial markets. Its interest in the economy and finance draws its attention to the new technology of emerging blockchain and the markets of cryptocurrencies. He is permanently in a learning process and motivates himself to share his acquired knowledge. In free time, he reads fiction novels to thriller and sometimes explores his culinary skills.
