Attention in the crypto market has been turned into Altcoin projects. Famous analyst Pentoshi argues that some subcoins can recover from the bottom levels and have a strong return. These assets, which maintain support levels in high -time support, move towards average prices and offer opportunities for investors. With increasing positive signals in the market, these subcoins seem ready for a new wave of ascension.
The first Altcoin Pudgy Penguins on the List
Analyst says that Pudgy Penguins NFT project can exhibit the local Token Pengu’s $ 0.01658 dollars. Reminding that Pengu’s current price is $ 0.01, Pentoshi emphasizes that this level may be a strong starting point.
Pentoshi says that larger rally may come if the price exceeds this resistance level. The first target states that while $ 0.01658, higher levels can be tested. In this process, market dynamics and investor interest will play a decisive role in Pengu’s price movements. Pengu requires short -term attention while offering potential earnings opportunities.
Positive appearance for Lido DAO (LDO) and IOTA
Pentoshi points out that Lido Dao (LDO), which provides decentralized stinging service, successfully maintains $ 1.54 support level. It predicts that if this level remains above this level, LDO may have an important leap. Token, which has the current price of $ 1.59, gives potential rise signals, which attracts attention.
In addition, Pentoshi said that IOT-oriented crypto project IOTA can move to $ 0.27-0.28, and that these levels are critical support and resistance in high-time. It seems likely to increase up to 21 %if IOTA reclaims this level. This can offer a great opportunity for investors.
What needs to be considered for Altcoin investors
Pentoshi’s estimates draw attention to the subcoins that move especially at the bottom levels. These estimates can be an important guide for investors looking for opportunities in the crypto market. However, it is of great importance to balance these opportunities with risk management. Although there are positive signals, the variable structure of the market should be taken into consideration.
Investors should follow market news in such price movements and apply technical analysis carefully. In particular, short -term price movements of projects such as LDO, Pengu and IOTA can offer great opportunities for earnings. However, it is important to follow a patient and strategic approach when evaluating these opportunities.
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