The post Top 3 Trending Crypto On Coinpedia Markets: Bitcoin, Kaspa, Pengu appeared first on Coinpedia Fintech News
After NVIDIA, the Chip giant registers quarterly revenue of $68.1B (73% YoY), the crypto market reacted in parallel. Bitcoin was pulled back from the critical $61,000 zone to barely hit $70,000 again. The AI coins and altcoins recorded the biggest daily gains after President Trump’s State of the Union address.
The market cools down after the hush, and here are the top trending cryptocurrencies with strong techichal changes.
Bitcoin Stays Bullish On Short Term
Kaspa coin changed the 1-month-long bearish trend after surging arroung 12% yesterdays, impacted by the announcement of surpassing 600 million transactions on the network.
After loosing $0.33 support, the price has lost its momentum. KAS/USDT now at $0.3065 is at the short-term demand zone, but derivatives Long Vs Short data show a near 51% on the short (sell) side.
With the demand zone now printing green candles, and RSI in oversold position, the Kaspa coin price may rally to
Kaspa(KAS) Fights with sellers
Kaspa coin changed the 1-month-long bearish trend after surging arroung 12% yesterdays, impacted by the announcement of surpassing 600 million transactions on the network.
After loosing $0.33 support, the price has lost its momentum. KAS/USDT now at $0.3065 is at the short-term demand zone, but derivatives Long Vs Short data show a near 51% on the short (sell) side.
With the demand zone now printing green candles and RSI in an oversold position, the Kaspa coin price is expected to surge back to its 7 Day EMA price of $0.33.
Pudgy Penguins ($PENGU)
Pudgy Penguins or Pengu Coin saw a surge and drop in the last 48 hours, making it to the trending list of top exchanges. This memecoin momentum is still bullish with the community, having noted Pengu coins exapnign ecosystem. Its integration with Visa and integration with retail chains like Walmart and Amazon.
Currently trading at $0.006919, PENGU/USDT, with RSI sitting at oversold region of 52-40 and approaching a demand zone of $0.006597 to $0.006597.
Keltner Channels are showing dynamic support at the same demand zone. That’s a double confirmation. These 3 metrics show a bullish momentum upwards.