Today's price prediction for the biggest pump in Crypto Assets: PENGU has surged over 340% this month, with KAS and RAY following closely behind.

Pudgy Penguins (PENGU) continues its upward trend, reporting at 0.0372 USD during the Asian session today (22), with a monthly increase of over 340%. Kaspa (KAS) and Raydium (RAY) both achieved double-digit gains, with long positions targeting further increases.

Pengu's long positions market encounters key resistance level

PENGU encountered key resistance at $0.03731, consistent with the 78.6% Fibonacci level, rising from $0.07000 on December 17 to $0.00370 on April 9. So far in July, this meme coin has recorded over 150% pump, reflecting strong bullish momentum.

The daily closing price may rise above $0.03731, which could extend the recovery momentum to the psychological level of $0.05000.

The Moving Average Convergence Divergence (MACD) and its signal line have regained an upward trend, driven by the reappearance of green histogram bars above the zero line, indicating a strengthening bullish momentum.

The relative strength index (RSI) on the daily chart is 88, consolidating in the overbought region, indicating increased buying pressure.

The downside is that PENGU's reversal from $0.03731 could extend the decline to the 61.8% Fibonacci level of $0.02277.

(Source: Trading View)

KAS wedge breakout rebound expected to rise further

Kaspa continues its upward trend, closing with a fourth consecutive bullish candle, approaching the resistance level of $0.1172. The breakout from the descending wedge and the rebound mark a trend reversal for KAS, with an increase of over 50% since July.

A decisive breakout above the level of 0.1172 USD could extend the upward trend to the high of 0.1311 USD on May 12.

The MACD indicator (showing an ascending green histogram on the daily chart and an RSI of 84) indicates that bullish momentum is strengthening.

Conversely, a reversal from the level of $0.1172 could lead to a retest of the psychological barrier at $0.1000.

(Source: Trading View)

RAY bullish momentum strengthens, target price is 4 dollars

As of Tuesday's press release, Raydium's stock price has risen over 7%, closing with a fourth consecutive bullish candlestick, continuing the 10% increase from Monday. The stock's upward momentum has broken through the resistance level of $3.41, which was last tested on Monday.

If it truly closes above that level, the upward trend may continue, returning to the integer level of 4.00 dollars.

The MACD indicator shows the green histogram bars reappearing, with an RSI of 76, hovering near the overbought boundary, indicating a strengthening bullish momentum.

The downside is that if it fails to maintain above $3.41, it could lead to the 200-day exponential moving average (EMA) reversing to $2.84.

(Source: Trading View)