Top 5 Crypto Gainers: PENGU, ALGO, MNT, ENT & CFX Set to Keep Pumping?
Main Idea
The article highlights the performance of five cryptocurrencies (PENGU, ALGO, MNT, ENA, CFX), noting strong uptrends for some and struggles for others, with key support and resistance levels identified.
Key Points
1. PENGU led with a 5.18% daily gain and high trading volume, with potential to break $0.0388 resistance if it stays above $0.036.
2. ALGO surged 7.93% with a 235% spike in trading volume, potentially challenging $0.270 and aiming for $0.280 if volume persists.
3. MNT saw the strongest move with a 12.1% surge to $1.04, with a breakout over $1.11 possibly fueling a rally toward $1.15 or $1.20.
4. ENA rose modestly by 1.04% but faces resistance at $0.655, needing to retest $0.640–$0.655 to regain momentum.
5. CFX dropped 2.25% with steady selling pressure, risking further decline if it fails to reclaim the $0.224–$0.225 range.
Description
PENGU, ALGO, and MNT show strong volume-backed uptrends with key support intact ENA consolidates near support, needs resistance retest to reignite bullish momentum CFX faces selling pressure, risks further drop if $0.224 resistance remains unbroken The crypto market is flashing green today, with a handful of large-cap altcoins posting impressive gains. To find out which of these rallies have real strength behind them, here’s a closer look at the top five performers, Pudgy Penguins (PENGU), Ethen...
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