The Solana -based analytical Memecoin says it rises much higher, he sees Pengu facing a “real test” after the increase in April
Crypto strategy is closely believed that one of the MIMENs who works on Solana (SOL) has not yet been done after the gathering, even after the publication of more than 60 % of the gains this month.
ALTCOIN SHerPA Recount His 245,000 followers on the social media platform X are optimistic about Bonk (Bonk) after Altcoin erupted for the accumulation area on the graph for three days.
The trader shares a scheme indicating that Bonk can gather to $ 0.0000262 after obtaining his resistance at $ 0.0000142.
“Bonk walks much higher (I have a bag). It looks good on the charts as well.
I think I will add to my position if I get a small decline. “
At the time of writing this report, Bonk is traded for $ 0.0000182.
Moving to the original assets of the Distinguished Code Project (PENGU), The Trader He says Altcoin needs to print a low low settings at about $ 0.0065 to start unlike the multi -month downtown. Otherwise, Altcoin Sherpa is warning of the penguin drop to $ 0.004.
“Currencies like Pengu have got Rekt in the past few months, but they show some signs of life. The real test will be where the next level is and how the reaction is.
The trend is still downward, so you are not fast to catch knives. However, we can see some reflection if the environment continues to dilute. “
Based on the merchant scheme, it appears to indicate that the penguin may rise to $ 0.014 if Altcoin is able to create the lowest level higher.
At the time of writing this report, the penguin value is $ 0.00985.
As for the broader Altcoin market, the analyst Warn Most coins are still in the direction of landing in the high frame and can erase the gains that witnessed this month. However, Altcoin Sherpa notes that it is now within the world of the possibility that Altcoins start sculpting the bottom of a main cycle on its way to a bullish reflection.
“To be clear, I am somewhat optimistic in general and I think we are rising and that the next main decline is to buy a decline.
However, most Alts are still in the structures of the Habbiyah market (see Tao) and the continuation of this trend. I think we are escalating in everything, but just a careful reminder that these Toins are still in Haboodi directions and made their highest levels, their lowest levels.
I think we are doing better. “
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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