The cryptocurrency market is showing interesting changes, with strengthening positions of certain assets and new opportunities for investors.
Avalanche Support at $25
Avalanche (AVAX) has dipped to $25.34, but strong support is forming with over 640,000 wallets accumulating the asset in this range. The metrics at $24.90 - $25.10 indicate a strong support zone. With increased volume, there is potential for a quick recovery with targets at $29.81 and $33.39.
PENGU Technical Recovery Signals
PENGU is showing signs of stabilization as it trades near the lower boundary of a descending channel. Analysts note that the current price is maintaining this area. Additionally, a red "9" candle from the TD Sequential indicates the potential for a rebound. Meanwhile, the RSI is showing bullish divergence, suggesting an upcoming increase towards $0.045.
Cold Wallet Features
Cold Wallet aims to change the approach to cryptocurrency usage. The project rewards users for everyday actions, such as sending funds and swapping tokens. Despite its active development, it is still in presale stages, with a current price of $0.00942. Cold Wallet is raising funds for further development, claiming high growth potential.
The situation in the cryptocurrency market remains dynamic. Avalanche shows support, PENGU is signaling a recovery, and Cold Wallet offers new opportunities. It is important to closely monitor the developments.
