Who knew penguins could be such hot commodities? 🤔 After soaring over 160% in the last three months, Pudgy Penguins (PENGU) has left almost every other altcoin in the dust. And guess what? The technical charts are looking more promising than a fresh batch of krill.
Pudgy Penguins Extends Its Lead
Moon_Boy_Ranger, our favorite crypto oracle, points out that PENGU has been the star of the show, racking up a 162% gain over the past 90 days. That’s right, folks, it’s outpacing giants like OKB, AERO, and even Ethereum. From a mere memecoin to a market leader, PENGU is proving that you don’t need to be a whale to make waves. 🌊
Pudgy Penguins’ Cup-and-Handle Still in Play
PENGU is currently nestled in a well-defined cup-and-handle formation, a classic bullish pattern that often signals big things. The market cap is breaking through the $2 billion barrier, turning it into a solid support base. The volume dynamics suggest that this consolidation is just a breather before the big push. If PENGU can hold above the $2.00B mark, the bulls will have a clear path forward. 🐂
According to brvdy.eth, the broader market might see a rally in the coming weeks, with a potential September dip before the final Q4 surge. If this pans out, PENGU could be one of the first to take off, thanks to its technical setup and growing buzz.
If the stars align, Pudgy Penguins could be the next big thing, pushing toward the $0.08 to $0.10 range. 🚀
Accumulation Base Sets the Stage for Next Move
PENGU has entered another accumulation phase, similar to the sideways pattern we saw earlier this summer. The chart shows a tight consolidation just above the $0.028 to $0.030 zone, which has held strong as support. This looks like a classic re-accumulation channel, hinting at a new upward leg once momentum picks up. As long as PENGU stays above this base, the setup favors a continuation rather than a reversal. 📈
Crypto analyst Ali Martinez thinks that if this accumulation continues, the breakout could propel PENGU to the $0.08 to $0.10 region. With additional catalysts like ETF filings and Asian market expansion, the bullish case for PENGU is getting stronger. For now, the price prediction remains bullish, assuming the consolidation base holds.
Smart Money Accumulation Strengthens PENGU’s Case
Data from PENGU Pump reveals that Pudgy Penguins is a favorite among “smart money,” ranking as one of the top two most bought tokens in the past three days. The buying has concentrated around the $0.033 level, indicating that whales and institutional buyers are building positions. When heavy buying coincides with technical support, it usually means good things for the price. 📊
If this pattern continues, PENGU could be gearing up for a decisive breakout. The accumulation base aligns with previous support levels and current narratives. With momentum consolidating, the next technical target points to the $0.08 to $0.10 range, where a new all-time high could be set.
Pudgy Penguins’ Technical Outlook
PENGU is perched on a key support level where both price action and RSI are aligning, making this zone a crucial decision point. The chart shows that PENGU has defended the $0.031 area multiple times, with liquidity building below this recent low. A liquidity sweep could trigger a sharp reversal to the upside, a common setup when buyers step in after shaking out weaker holders. The RSI is also approaching oversold territory, which adds to the bullish case.
If this support holds, crypto analyst Richie predicts that PENGU could bounce back to the $0.038 level as the first upside target. Beyond that, a stronger move could aim for the $0.040 to $0.042 range, where previous supply zones meet mid-term resistance.
Final Thoughts
Pudgy Penguins stands out as one of the few projects combining strong technical setups with growing sentiment. The consistent defense of support levels, coupled with accumulation from larger buyers, shows that the strength is real.
If the current structure holds, the next breakout could target $0.038 first, before opening the door to the $0.040 to $0.042 supply zone. A decisive push above these levels could shift momentum sharply higher, putting the $0.08 to $0.10 range firmly in sight. 🎉
Read More
- SOL PREDICTION. SOL cryptocurrency
- ETH PREDICTION. ETH cryptocurrency
- XRP PREDICTION. XRP cryptocurrency
- USD ARS PREDICTION
- USD PLN PREDICTION
- EUR VND PREDICTION
- BTC PREDICTION. BTC cryptocurrency
- STX PREDICTION. STX cryptocurrency
- USD CLP PREDICTION
- USD IDR PREDICTION
2025-08-17 18:30