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PUDGY PENGUINS PRICE ANALYSIS & PREDICTION (June 29) – Pengu Takes Breath After Surging 50% in a Week, More Gains Ahead?
Amid the latest pause in Bitcoin’s rally, Pengu and a few other meme coins have regained momentum and shown strength after a month of decline. While indicating a bullish move, it is currently down on the day. Since the ceasefire in the Middle East, a few meme coins have recovered nicely from their recent lows and posted gains over the past 48 hours. Pengu leads the rally so far with an over 30% increase, but it currently appears to have slowed down the rally after failing to close above the $0.015 level yesterday. The current daily drop looks more like a retest of a broken level. There’s still hope for more increases in the short term as the buyers are likely to mount pressure as soon as they find support on the lower timeframe. If that fails to happen, Pengu may pull lower before picking up again.
Source: nulltx.com
