Can the penguins (penguins) recover after 8 % decrease?
- Penguins (Penguins) circulate at $ 0.01393 after a daily decrease of 8 %.
- The maximum market is 876.02 million dollars, with a decrease of 24 hours, 51.74 %.
Penguins (penguins) faced a remarkable contraction, shed 5.32 % in value over the past 24 hours for trading at $ 0.01393. The project now holds the market value of $ 876.02 million, which also represents a 5.59 % decrease.
Its fully diluted rating is $ 1.23 billion, while 62.86 billion penguins are still circulating out of a total of 88.88 billion. Meanwhile, 24 -hour trading volume was 51.74 % to 265.69 million dollars. With the maximum volume to the market by 30.43 %, the activity shows a sharp decrease in investor participation.
Will you repeat the penguin?
Currently, PenGU’s direction in the short term reflects cautious optimism, however the resistance is located near $ 0.01432, Slightly Its immediate value. The support bottom is about $ 0.01328. The step can pay higher than the distinctive symbol to the $ 0.0155 region, while the minimum breach decreases in risk re -testing $ 0.012 levels.
The RSI is retained at 57.14, indicating moderate ascension, while the average RSI paths are at 65.08, indicating that the last momentum may already reach its peak. If the RSI crosses higher than the average again, it may rule the purchase pressure. However, with both values below 70, PenGu avoids excessive conditions in the peak.

On the moving averages, the 9-year-old line is now $ 0.01433, higher than the 21 (green) line at $ 0.01328. A bullish intersection occurred, hinting to a short -term upward trend. This artistic structure often indicates the purchase of interest, especially when it is paired with an increase in its size. However, the decline in the last size disturbs this interpretation and confirms caution.
While Chaikin (CMF) does not appear directly on the graph, the price volume behavior indicates a neutral negative accumulation. The declining trend in size, although the last prices are raised, involves the weaker condemnation of the upward movements.
If the momentum maintains the distinctive symbol exceeding $ 0.0135, Pengu may aim to break the last top. On the contrary, the slide may open less than $ 0.0132 the path to short -term declines. Looking at the average medium intersection and RSI behavior, the current stage indicates uniformity with the possibility of reflection if the market participation rises.
The encryption news was highlighted today
Blackrock SEC meets to discuss distinctive regulations, code and encryption ETF