The cryptocurrency market showcases strong trends, with price increases for Pudgy Penguins and Chainlink. BlockDAG attracts attention with its innovative mining concept.
Pudgy Penguins (PENGU) Price Surge
Pudgy Penguins (PENGU) demonstrated a significant increase, climbing over 20% in a single day. A breakout from a symmetrical triangle occurred, leading to the highest price in months. PENGU reached $0.379, but an RSI above 81 suggests a potential correction towards the $0.031-$0.032 support zone.
Price Targets for Chainlink (LINK)
Chainlink (LINK) has increased by 7% in just 24 hours, pushing toward the $20 range. This rise began after reclaiming key Fibonacci levels, now staying above the 0.618 line at $18.93. The next price target for LINK is set at $22.30.
BlockDAG's Successes and Market Impact
BlockDAG has raised over $351 million in its ongoing presale, while its X1 mining app allows more than 2 million users to mine up to 20 BDAG coins daily. The demo of the new X10 rig, enhancing daily mining to 200 BDAG, makes a significant impression on the crypto industry.
Amid the rise of Pudgy Penguins and Chainlink, as well as the successful operations of BlockDAG, the cryptocurrency market is exhibiting positive trends. Investors are attentively monitoring the opportunities presented by the current situation.
