The price of the pingou shows solid bruise signs, with recent gains supported by technical configurations and a major announcement by Robinhood.
After a rally in July, the Pingou is now stabilized above key levels. With the integration of Robinhood and an ETF application in the game, Momentum seems to be more supplied for this piece of meme explodes.
Pengu Price Holding Firm after July Rally
In July, the Binance des Prix des Pengu reached a summit of $ 0,0,450, making it one of the out -of -competition artists in the currency space.
Despite the net rally, the price only displayed a minimal return moving in early August. This light withdrawal seems to have managed to cool because the daily relative force index (RSI) is still held above the Critical brand 50.
On the price front, the price of grassouillant people is comfortably negotiated near a green support area between $ 0.0,300 and $ 0.0350, which surely indicates an underlying force from the long-term perspectives of investors.
Currently, the Pingou price today on Binance amounts to $ 0.0,37,068, showing an intraday increase of 4%. With a market capitalization of 2.33 billion dollars and a 24 -hour negotiation volume of $ 694.08 million, the interest in this memes piece continues to grow.
Upward technical structure on all deadlines
The Severa / USDT graph has a bullish momentum not only on everyday life but also on lower times.
On the 4-hour table, an analyst pointed out that the Pingou Prize recently broke out above a descending channel formed due to the recent return while holding its long-term ascending trend.
Similarly, analysts mention the upward note as well as this ascending support is maintained, the price of the USD pingou could push towards the area from 0.040 to 0.044 $. However, the analyst has warned that a ventilation below this trend line could cause the support area of $ 0.032 to $ 0.032, which resembles the support region if the down pressure occurs.
Likewise, the one hour graph has shown that the price increased as a break in the descending chain as well, completing the bias bias on several deadlines.
Catalysts: Robinhood and ETF fuel optimism deposit
An increase in the purchase activity followed Robinhood’s announcement to add pingou to its advanced trading platform, Robinhood Legend.
This decision has not only increased exposure to the United States, but also follows Robinhood’s expansion to the opening of doors to a wider user base and new potential capital entries.
Adding to optimism, Canary Capital officially submitted a request for funds negotiated in exchange (ETF) to the American Securities and Exchange Commission commission (SEC).
In addition, the regulator also recognized the deposit and initiated the examination process. If it is approved, it would mark the first ETF linked to a piece of memes, which could establish a precedent in space.
