AVAX Down, PENGU Climbs, & Cold Wallet Hits $5.7M
The post AVAX Down, PENGU Climbs, & Cold Wallet Hits $5.7M appeared on BitcoinEthereumNews.com. With many anticipating a major crypto rally, market watchers are urgently seeking the top crypto to buy right now. Today’s developments might bring clarity to that search. Avalanche (AVAX) recently fell to $25.34. Though the decline may seem bearish, data shows over 640K wallets accumulated AVAX within this price zone, suggesting strong support. Meanwhile, PENGU analysis highlights signals of a potential reversal, with the TD Sequential showing a red “9” candle and the RSI forming a bullish divergence, both suggesting trend shift possibilities. In contrast, Cold Wallet has quickly become a standout. It’s not just another storage solution; it offers built-in user rewards. With over $5.7 million raised in a few weeks, Cold Wallet’s presale is gaining serious momentum. So the key question is, should focus stay on AVAX and PENGU’s technicals, or is Cold Wallet’s utility-driven upside the smarter move AVAX Dips to $25.34, But Support Holds Firm Following a 5% pullback, Avalanche (AVAX) is now trading around $25.34. Despite this, IntoTheBlock reveals that around 640K wallets purchased more than 20 million AVAX in the $24.90 to $25.10 range, reinforcing a reliable support base. If buying pressure increases, a push back toward $29.20 could unfold. AVAX still remains within its upward-trending daily channel, which helps maintain a bullish perspective. The Awesome Oscillator has flipped green, suggesting positive momentum may be returning. Should AVAX protect this zone, upside targets include $29.81, $33.39, or even $38.50 if broader market conditions improve. PENGU Chart Indicators Show a Potential Bounce Pudgy Penguins might be nearing a reversal, according to fresh analysis of PENGU’s price action by Ali on X. The coin is close to the lower end of a falling channel, typically a zone of strong support. At the same time, a red “9” candle from the TD Sequential and a higher low…
The post AVAX Down, PENGU Climbs, & Cold Wallet Hits $5.7M appeared on BitcoinEthereumNews.com.
With many anticipating a major crypto rally, market watchers are urgently seeking the top crypto to buy right now. Today’s developments might bring clarity to that search. Avalanche (AVAX) recently fell to $25.34. Though the decline may seem bearish, data shows over 640K wallets accumulated AVAX within this price zone, suggesting strong support. Meanwhile, PENGU analysis highlights signals of a potential reversal, with the TD Sequential showing a red “9” candle and the RSI forming a bullish divergence, both suggesting trend shift possibilities. In contrast, Cold Wallet has quickly become a standout. It’s not just another storage solution; it offers built-in user rewards. With over $5.7 million raised in a few weeks, Cold Wallet’s presale is gaining serious momentum. So the key question is, should focus stay on AVAX and PENGU’s technicals, or is Cold Wallet’s utility-driven upside the smarter move AVAX Dips to $25.34, But Support Holds Firm Following a 5% pullback, Avalanche (AVAX) is now trading around $25.34. Despite this, IntoTheBlock reveals that around 640K wallets purchased more than 20 million AVAX in the $24.90 to $25.10 range, reinforcing a reliable support base. If buying pressure increases, a push back toward $29.20 could unfold. AVAX still remains within its upward-trending daily channel, which helps maintain a bullish perspective. The Awesome Oscillator has flipped green, suggesting positive momentum may be returning. Should AVAX protect this zone, upside targets include $29.81, $33.39, or even $38.50 if broader market conditions improve. PENGU Chart Indicators Show a Potential Bounce Pudgy Penguins might be nearing a reversal, according to fresh analysis of PENGU’s price action by Ali on X. The coin is close to the lower end of a falling channel, typically a zone of strong support. At the same time, a red “9” candle from the TD Sequential and a higher low…
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