The post PENGU Price Prediction – Bull Flag Signals 142% Rally Further as Pudgy Penguins NFT Volumes Soar appeared on BitcoinEthereumNews.com.

Pudgy Penguins (PENGU) has recorded more gains than most meme coins this month, with an impressive 308% increase in price over the last 30 days to trade at $0.038 today, July 21. The PENGU price rally is not showing signs of ending soon, and instead, another surge to an all-time high of $0.0818 might be recorded, driven not only by buyers but also by rising non-fungible token (NFT) trading activity. PENGU Price Targets 142% Surge After Bull Flag Breakout Bullish traders are behind the recent performance of the PENGU token for the last month, as bears that were previously taking profits or taking short positions on this top meme coins leave the market. Due to the increase in buying activity, PENGU is now trading above the resistance of a bull flag pattern, and it could be on the way to a more than 2x rally. The height of the flagpole indicates that, from the resistance level, the PENGU price might continue to rise and possibly gain by more than 140% to reach $0.081, at which point it will have formed a record high. The CMF, as well as the volume bars, show that buyers have outmatched sellers, and as they continue to buy more PENGU tokens, it will also be bullish for the price. However, if there are no more buyers in the market and the current level of demand subsides causing PENGU to fall back into the tight range of the bull flag, the 142% surge may fail to happen. PENGU/USDT: 4-Hour Chart (Source: Tradingview) Considering that PENGU tends to behave the same as other meme coins, the ongoing gains could be solely based on hype, as Binance has removed a seed tag on PENGU. This means that traders can now buy the token without getting a warning sign…

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Filed under: News - @ July 21, 2025 7:32 pm