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The Pudgy Penguins value plunged 13% within the final 24 hours to commerce at $0.03684 as of 11:14 p.m. EST, with buying and selling quantity dropping 13% to $932 million.
Pudgy Penguins Value Set To Soar
The Pudgy Penguins value chart evaluation on the 1-hour timeframe shows a transparent upward value channel, suggesting a short-term bullish pattern.
The PENGU value has been respecting each the higher and decrease boundaries of the channel, creating increased highs and better lows. Nevertheless, latest candles present the value testing the channel’s decrease boundary, hinting at weakening bullish momentum, in keeping with information from GeckoTerminal.
The present Pudgy Penguins value of $0.03684 sits slightly below the 50 Easy Transferring Common (SMA) on the 1-hour chart, which can act as a dynamic resistance within the quick time period.
Furthermore, the Relative Energy Index (RSI) is at 44.79, which is beneath the impartial degree of fifty, indicating slight bearish momentum within the quick time period. The RSI has additionally been declining steadily from overbought ranges, suggesting a possible continuation of the corrective part earlier than resuming any bullish motion.
The upward channel suggests the value of Pudgy Penguins may proceed shifting inside its boundaries except a decisive breakout happens. If the Pudgy Penguins value holds the channel’s decrease boundary close to $0.03650, it may rebound in the direction of $0.03850 or the higher boundary of the channel round $0.04000.
Then again, if the PENGU value breaks beneath the decrease boundary and fails to reclaim the 50 SMA, the bullish construction could be invalidated. This might set off a bearish transfer in the direction of the help degree at $0.03500.
Because the Pudgy Penguins value goals for a rebound, traders are flooding into the brand new presale meme coin Flockerz (FLOCK).
In line with 99Bitcoins, a well-liked crypto channel on YouTube with over 706K subscribers, FLOCK has the potential to soar 100X after its launch.
Flockerz Raises $7.9 Million – Simply 26 Days Left
At present in presale, Flockerz introduces a singular vote-to-earn mechanism that empowers holders by granting them voting rights whereas providing substantial staking rewards.
Flockerz differentiates itself by way of its authentic character and narrative, fostering engagement with its neighborhood, referred to as “The Flock.”
The venture facilities round “Flocktopia,” a DAO the place each holder positive factors affect and earns rewards by way of the vote-to-earn system. This strategy permits the neighborhood to form the venture’s route, reinforcing decentralization at its core.
The flock is not messing round! Our Vote to Earn system is critical enterprise! 🐦👋 pic.twitter.com/mrWNyKrPy7
— Flockerz (@FlockerzToken) December 16, 2024
Thus far, the venture has raised over $7.9 million, and the presale will finish in 26 days. Furthermore, traders who take part early can unlock entry to a 345% APY by staking their newly-purchased FLOCK.
Buyers all in favour of becoming a member of the presale can go to the official Flockerz web site to purchase FLOCK tokens at $0.00653 every utilizing BNB, ETH, or USDT. You can too make a purchase order utilizing your financial institution card.
Purchase FLOCK right here earlier than its presale ends.
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- Staking Pool – Excessive Dynamic APY
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