Pangolin Price Prediction: Is PNG Ready to Steal BTC Crown?
On the daily chart, PNG is currently trading above all EMAs
$PNG experienced a remarkable surge of 910% between February 22 and February 27, 2024, according to the daily chart.
Subsequently, #Pangolin has been trading within a prolonged consolidation channel, fluctuating between $0.62000 and $0.34800.
In November 2023, $PNG surged by 460%, followed by a prolonged period of trading within a consolidation zone. Then, in February 2024, a sharp surge of over 900% occurred.
If history repeats itself, we can expect another sharp surge after breaking through the $0.62000 resistance level.
If the price breach the resistance zone around $0.62000, a significant upward movement is anticipated, potentially leading to new All-Time Highs in the near future.
According to Coingabbar Price Prediction, If PNG can't break through resistance, it's likely to stay within the consolidation range, possibly revisiting support in the short term.
KEY LEVELS :
RESISTANCE LEVEL : $0.62000-$0.85000
SUPPORT LEVEL : $0.44000-$0.32000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
