How AI funding is widening the "long-term" conviction gap between crypto and equities.
Bitcoin price struggles persist as the premier cryptocurrency is yet to break above the key $70,000 resistance zone, suggesting the market remains at risk of a deeper correction. Notably, popular market analyst Yonsei_dent has shared an observation that backs these bearish investors’ expectations. Related Reading: Bitcoin ETF Investors Show Diamond Hands: Only $6.5B In Outflows Since October 10 Bitcoin Supply In Profit Metric Shows Potential 75% Drawdown In a Quicktake post on CryptoQuant, Yonsei_dent has identified a potential price bottom of the present market cycle, considering the meltdown in recent months. Since October, the leading cryptocurrency has lost over 45% of its market value, with prices dropping as low as $60,000 from an all-time high of $126,000. Using the Supply In Profit on-chain indicator, Yonsei_dent maps out the possible extent of Bitcoin’s price decline when in the bottom zone, based on historical cycle drawdown periods. For context, the Supply in Profit measures the portion of the total circulating Bitcoin whose current market price is higher than the price at which those coins last moved. It’s an important cycle indicator, as the Supply in Profit approaches extreme highs when near cycle tops, and compresses sharply when near cycle lows. Yonsei_dent explains that the duration of Bitcoin Supply in Profit in the bottom zone in 2022 was six months. During this market cycle, Bitcoin had initially hit an all-time high of $69,000 before crashing by 77% to around $15,500. According to the market analyst, if the same length of the bottom phase was placed on the current price chart, it represents a 70%-75% drawdown price projection for the present market cycle. In this case, Bitcoin is expected to find a price low within a range of $31,500 – $38,000, suggesting a further potential 41%-51% decline from the current market prices. Related Reading: Ethereum’s Market Order Imbalance Hits Record Negatives: $1,850 Is Now The Line In The Sand Bitcoin Price Overview At the time of writing, Bitcoin trades at $63,553 following a 5.84% loss in the last 24 hours. Meanwhile, its daily trading volume is up by a minor 0.54% and valued at $40.04 billion. The premier cryptocurrency also reports a negative performance on its weekly and monthly charts, with respective losses of 6.21% and 27.11%. Unless the market bulls convincingly reclaim the long standing $70k resistance, market sentiment is likely to remain fragile and prices vulnerable to additional downside or prolonged consolidation in the near term. Featured image from Unsplash, chart from Tradingview
XRP price faces renewed volatility after President Donald Trump confirmed major US combat operations against Iran. The announcement came as digital assets reacted to rising geopolitical tension, with the total crypto market cap falling by 4.05% to 2.21 trillion. However, technical analysts say XRP’s long-term structure remains intact despite price weakness. The token recently slipped to $1.115, wiping out early 2026 gains from $2.40. It now trades near $1.44, up 6% in 24 hours but down 28% monthly. Analysts argue that short-term pressure does not alter the broader XRP price prediction. United States Begins Major Operations in Iran President Donald Trump has announced that the United States had begun “major combat operations” in Iran. He said the strikes targeted missile sites and the Iranian Navy. The statement followed weeks of stalled diplomatic talks. Trump said Iran attempted to rebuild its nuclear program and develop long range missiles. He added that the action aimed to stop threats against American troops and allies. He also called on the Iranian people to overthrow their government after the strikes conclude. Israeli Prime Minister Benjamin Netanyahu confirmed a joint operation against what he called an existential threat. Shortly after the announcement, Israeli forces reported missile launches from Iran toward Israel. Defense systems intercepted the incoming threats. Crypto markets reacted quickly as traders reduced risk exposure. Bitcoin and altcoins saw sharp but uneven price swings. BTC dipped over 6% to $64,183, Ethereum fell 5% to $1872, and XRP fell 7% to $1.29, remaining under pressure but holding above long-term technical support. Elliott Wave Structure Points to Larger Move A Korean Elliott Wave analyst known as XForceGlobal said XRP’s structure aligns for the next bullish phase. He noted that XRP revisited its all-time high and then completed a full retracement. According to his thesis, that reset prepares the next expansion wave. The analyst cited a confirmed breakout from a multiyear triangle formation. In Elliott Wave analysis, such breakouts often mark the end of long accumulation. He described the current sideways action as compression rather than weakness. Earlier projections labeled $6 as a conservative Fibonacci extension target. That level would mark more than a fourfold move from recent lows. In recent commentary, he referenced $4, $5, and even $10 or higher as possible wave objectives. Source: X He warned traders not to focus only on short-term candles during accumulation. According to his analysis, larger timeframes show structural strength. He maintains that both small and large timeframes show steady accumulation. XRP Price Long-Term Trendline Remains Intact XRP has dropped about 29% since the year began and remains below its July 2025 peak of $3.6. From that high, the token has declined nearly 64%. According to CoinCodex's XRP price prediction , it recorded six monthly losses in the last seven months. Despite this decline, XRP still trades above a multi year ascending trendline. That trendline has acted as support since 2018. Historical data shows two prior curves that retested this level before strong breakouts. Source: X Market watcher Chart Nerd noted that each retest led to renewed upside momentum. If the pattern continues, XRP could revisit support before another breakout phase. As per the analysts, if the XRP price trends this way, a full cycle breakout could extend toward $27.6, based on prior curve expansions.
Key Takeaways: Pudgy Penguins price prediction shows constant selling pressure around $0.0063. Our PENGU price prediction expects a maximum of $0.05 in 2026. In 2032, we expect the PENGU price to achieve $0.27. Pudgy Penguins is a set of 8,888 flightless bird NFTs that launched in July 2021 for about $90 each. It sold out quickly and gained attention, even appearing on the cover of the New York Times a month later. Within a few months, the cheapest penguin on the market was selling for over $6,000. However, prices dropped to around $1,000 in early 2022 as the NFT hype faded and issues arose within the community. Many were unhappy with the founder, Cole Villemain (aka ColeThereum), due to accusations of poor management. This led to a community vote to remove Cole. In January 2022, investor Luca Netz offered to buy the project for about $2.5 million. The deal went through a few months later. After Netz took over, the project’s value bounced back—floor prices doubled in just a few days. With new leadership and a fresh roadmap, Pudgy Penguins started rebuilding its reputation as a top NFT project. Based on these developments, we’ve compiled our Pudgy Penguins price prediction from 2026-2032. In this article, we’ll find out “Will Pengu reach $1?” and explore the factors behind PENGU token price prediction, providing insights into the role and utility of the PENGU token. Overview Cryptocurrency Pudgy Penguins Ticker PENGU Price $0.00635 (-5.5%) Market cap $2.21B Trading volume (24-hour) $712.78M Circulating supply 62.86B PENGU All-time high $0.05738 (17 December, 2024) All-time low $0.003715 (9 April, 2025) PENGU technical analysis Metric Value Current Price $ 0.006350 Price Prediction $ 0.004783 (-25.06%) Fear & Greed Index 11 (Extreme Fear) Sentiment Bearish Volatility 10.83% (Very High) Green Days 9/30 (30%) 50-Day SMA $ 0.008643 200-Day SMA $ 0.01694 14-Day RSI 45.52 (Neutral) PENGU price analysis Resistance for PENGU is at $0.007727 Support for PENGU/USD is at $0.005735 The PENGU price analysis for February 28 confirms that PENGU witnessed bearish pressure as it dropped toward $0.006555. Currently, the PENGU price is preparing for a recovery rally. Pudgy Penguins price analysis 1-day chart: PENGU price triggers bearish momentum Analyzing the daily price chart of PENGU tokens, Pengu witnessed a bearish correction after buyers failed to dominate the price chart. Sellers are now aiming for a hold below the immediate Fib channels around $0.006555. The 24-hour volume declined to $10.68 million, showing a decline in interest in trading today. Pudgy Penguins’ price is currently trading at $0.0065, which has dropped by over 5% in the last 24 hours. PENGU/USDT Chart by TradingView The RSI-14 trend line has dropped from its previous level and hovers around the 43-level, showing that bears control price momentum. The SMA-14 level suggests volatility in the next few hours. PENGU/USDT 4-hour price chart: Buyers aim big above EMA levels The 4-hour PENGU price chart suggests that PENGU experienced a bearish activity below EMA lines, creating a negative sentiment on the price chart. However, buyers aim for a strong rebound above the EMA20 trend line. PENGU/USDT Chart by TradingView The BoP indicator trades in a bullish region at 0.55, suggesting that buyers are trying to build pressure near resistance levels and boost upward correction. However, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening selling positions. PENGU token price predictions: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.009250 SELL SMA 5 $ 0.007690 SELL SMA 10 $ 0.006700 SELL SMA 21 $ 0.006711 SELL SMA 50 $ 0.008643 SELL SMA 100 $ 0.009945 SELL SMA 200 $ 0.01694 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.007459 SELL EMA 5 $ 0.008276 SELL EMA 10 $ 0.009276 SELL EMA 21 $ 0.009798 SELL EMA 50 $ 0.01117 SELL EMA 100 $ 0.01446 SELL EMA 200 $ 0.01733 SELL What to expect from Pengu price analysis next? The hourly price chart confirms bears are making efforts to prevent the PENGU price from an immediate surge. However, if the PENGU price successfully breaks above $0.007727, it may surge higher and touch the resistance at $0.010478. PENGU/USDT Chart by TradingView If bulls cannot initiate a surge, PENGU price may drop below the immediate support line at $0.005735, resulting in a correction to $0.003316. Is PENGU a good investment? Whether PENGU is a good investment depends on your goals and how much risk you’re comfortable with. The coin has support from the popular Pudgy Penguins brand, which has grown through NFTs, merchandise, and big deals like selling toys at Walmart—these could help increase interest in the coin. But the price is still very unpredictable and can change quickly. If you believe in the project’s future and don’t mind the ups and downs, it might be worth putting in a small amount. Why is the PENGU price down today? PENGU’s price gained strong selling pressure around recent highs, resulting in a strong decline. This created a push below $0.0065. Will Pudgy Penguins price recover? If buyers hold above the $0.0077 level, we might see a comeback in buying demand. Will PENGU reach $0.2? Pengu price might reach the $0.2 mark in 2031 if buying demand surges and Pengu attracts altcoin investors. Will Pengu reach $1? The $1 mark is a distant dream for Pengu token. This price level is achievable in the long run if Pengu continues to expand its offerings and attract buying demand. Is Pudgy Penguins a good long-term investment? Pengu token has gained popularity due to strong community support. However, seek independent professional consultation into their long-term potential to determine if they represent a viable long-term investment. Recent news/ Opinion on Pengu token Pudgy Penguins launched a nighttime animation on Las Vegas’ Sphere digital dome. This followed the mobile game Pudgy Party reaching 750k downloads, targeting audiences beyond crypto circles. Pudgy Penguins is now live on the Exosphere of @SphereVegas 🐧 pic.twitter.com/o4EZjU55gl — Pudgy Penguins (@pudgypenguins) December 24, 2025 Pudgy Penguins price prediction March 2026 Over the last few days, PENGU prices have aimed to surge above crucial Fib levels. If the BTC price aims for a hold above $70K in March, we might see a solid surge in the PENGU price. According to technical analysis, the PENGU price might record a maximum level of $0.01 and a minimum of $0.006, with an average value of $0.008 throughout March. PENGU price prediction Potential low Potential average Potential high Pengu Price Prediction March 2026 $0.006 $0.008 $0.01 Pudgy Penguins Forecast 2026 In November 2024, the project said it would launch a new token on Solana to better connect the brand with its fans. This token, called PENGU, could be claimed by people who owned Pudgy Penguin NFTs, as well as members of various other Web3 and crypto communities. The token went live in December 2024. At its previous highest value, holders of Pudgy Penguin NFTs received 1.7 million PENGU tokens, which were worth over $100,000 according to CoinGecko. A comprehensive technical analysis of past pricing trends suggests that in 2026, Pengu is anticipated to have a minimum price of $0.005. Its maximum price could reach $0.05, with an expected average trading value of $0.035. Pengu price prediction Potential low Potential average Potential high Pengu Price Prediction 2026 $0.005 $0.035 $0.05 Pudgy Penguins Predictions 2027-2032 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2027 0.0773 0.0893 0.092 2028 0.11 0.12 0.13 2029 0.14 0.16 0.17 2030 0.16 0.17 0.18 2031 0.17 0.19 0.2 2032 0.24 0.27 0.27 Pudgy Penguins Price Prediction 2027 If the crypto market continues to witness increased institutional adoption, we might see a milestone in the total market cap, resulting in upward pressure on the Pudgy Penguins price. In 2027, the forecasted minimum price for Pudgy Penguins is $0.0773. The coin may reach a high of $0.0920, with an estimated average value of $0.0893 throughout the year. Pudgy Penguins Price Prediction 2028 Technical analysis indicates that by 2028, Pudgy Penguins will likely have a minimum price of $0.11. The projected maximum price could reach $0.13, while the average trading price is estimated at $0.12. Pudgy Penguins Price Prediction 2029 Projections for 2029 indicate that the lowest expected price for Pudgy Penguins is $0.14. The coin may achieve a maximum value of $0.17, with an average forecast value of $0.16. Pudgy Penguins Price Prediction 2030 In 2030, Pudgy Penguins is expected to have a minimum price of $0.16. The coin’s value could rise to a maximum of $0.18, with an average price of $0.17 throughout the year. Pudgy Penguins Price Prediction 2031 Looking ahead to 2031, Pudgy Penguins is expected to reach a minimum price of $0.17. Its maximum value could be as high as $0.20, with an anticipated average price of $0.19 throughout the year. Pudgy Penguins Price Prediction 2032 Technical analysis indicates that by 2032, Pudgy Penguins will likely have a minimum price of $0.24. The projected maximum price could reach $0.27, while the average trading price is estimated at $0.27. Pudgy Penguins Price Prediction 2026-2032 Pudgy Penguins market price prediction: Analysts’ PENGU price forecast Firm Name 2026 2027 Coincodex 0.0099 0.013 CoinDCX 0.028 0.038 Cryptopolitan’s Pudgy Penguins price prediction At Cryptopolitan, we are bullish on the PENGU price movements as the coin is expected to surge to new highs by the end of this year. Pengu is anticipated to have a minimum price of $0.005. Its maximum price could reach $0.05, with an expected average trading value of $0.035. Pengu historical price sentiment Pengu price history: Coinmarketcap Late December 2024: Pudgy Penguins traded at a low of $0.0258 and surged toward $0.0401 by early January 2025. Mid-January 2025: The price reached a high of $0.0462 but dropped to close near $0.0257 by January 20. By February 2025: The price hovered between $0.0099 and $0.0129, showing signs of steep correction and weakening momentum. In March 2025: Pudgy Penguins fluctuated within a narrow range, reaching as low as $0.0055. A brief spike pushed the price near $0.0092 by the end of the month. In April, the price dropped further, bottoming out at around $0.0049 by mid-month. However, a sharp reversal occurred, and by the end of April, it surged back to around $0.013. In May, Pudgy Penguins steadily climbed and closed near $0.013 by the third week. Despite occasional pullbacks, it held support above $0.010. In June, the price remained volatile. Early June saw a decline toward $0.0083, but a recovery followed, pushing the price up to $0.0159 by month’s end. In July, Pudgy Penguins saw a bullish breakout. Prices surged from $0.0158 to over $0.0430 by late July, marking a multi-month high. In early August 2025, the price retraced slightly, falling to $0.0353 but remained in a strong uptrend. In September, the price of Pengu surged toward $0.038 but it later declined toward $0.033. By the end of October, Pengu declined toward the low of $0.02. In November, the price of Pengu further declined toward $0.01 as Bitcoin crashed below $100K. In the starting of 2026, PENGU triggered minor recovery toward $0.0087. By the end of February, the price of PENGU dropped toward $0.006.
A leading crypto fund executive is urging the industry to draw a hard line against centralized blockchain architectures.
Peter Schiff has predicted the divergence between Bitcoin and precious metals might continue all year long.
In GNO, RSI at 47.19 indicates neutral momentum, although MACD's positive histogram gives a bullish signal, bearish pressure continues below EMA20. The trend is downward, BTC correlation increases ...
A full closure of the strait is unlikely or impractical, some experts argue.
XRP Faces Bearish Pressure as Daily Structure Breaks Below Key Support Market analyst Ether Guru notes that XRP is under strong bearish pressure, having broken key daily support and now forming lower highs and lows, a clear sign of downward momentum. Ether Guru warns that XRP faces strong resistance at $1.38, keeping downside risk toward $1.05–$1.15 active. Notably, selling pressure may persist unless XRP decisively breaks above $1.38. This risk is amplified by the fact that a $75B market sell-off was sparked by strikes involving the United States and Israel against Iran. Well, XRP is trading at $1.32 per CoinCodex data, down from recent highs, as key higher-timeframe support breaks. These critical levels often guide trader sentiment, and their failure raises the likelihood of further declines, consistent with the daily chart’s pattern of lower highs and lower lows. Bears Dominate as $1.38 Resistance Holds Key to Reversal Persistent selling pressure reinforces the bearish trend, suggesting traders favor selling over buying. Technical analysts may see this as a continuation pattern, with further downside likely until key resistance is reclaimed. Consequently, South Korea drives roughly 33% of global XRP trading, underscoring its dominant role in market activity. Despite bearish pressure, $1.38 is a key level for XRP. A daily close above this resistance could ease short-term selling and signal potential upside toward previous highs. Until then, caution is advised, as the daily structure favors sellers because XRP remains under bearish control, with $1.05–$1.15 as the near-term downside target. Conclusion XRP’s daily chart shows clear bearish dominance, marked by lower highs, lower lows, and a break of key support. Unless $1.38 is reclaimed, the $1.05–$1.15 range remains the likely downside. Therefore, the XRP market currently dictates that caution should not be thrown to the wind because a decisive break above $1.38 is need to signal a potential bullish reversal.
Barclays is reportedly assessing a possible move into blockchain infrastructure, as tradfi institutions adapt to the increasing influence of stablecoins.