PENGU Price Prediction
If the current uptrend continues, the price of PENGU could soon test $0.43, a key level that could pave the way for further gains. Breaking this resistance could see PENGU rise to $0.45 and even $0.50, marking a potential increase of 29.7% from current levels. This would further solidify PENGU's position as the largest memecoin on Solana.
However, as highlighted by the RSI and CMF, the uptrend may be losing strength, suggesting the possibility of a reversal. If this occurs, PENGU could test the support level of $0.37, and if that does not hold, the price could drop even further to $0.30.
PENGU price analysis. PENGU price analysis. Source: GeckoTerminal
In the worst-case scenario, a prolonged downtrend could push the price of PENGU as low as $0.229.