OPCAT has seen a solid 13.67% rise over the last 24 hours, currently trading at $0.1926. After breaking through its 10-day EMA at $0.188, it bounced off its support level of $0.181 and is now aiming for resistance at $0.205. If market conditions improve, POPCAT could challenge its next major resistance at $0.248. A successful break could push the altcoin towards $0.238-$0.248, potentially leading to a more prolonged rally, with $0.31 being a possible target this week. However, if it fails to break the $0.238 level, POPCAT may trade within a range of $0.150 to $0.227.
PNUT (Peanut the Squirrel): Bullish Momentum Building
PNUT has made an impressive 8.50% rise in the past 24 hours, reaching a high of $0.1801. The token is gaining momentum, breaking through a descending trendline resistance. The RSI has surged from 33.57 to 63.73, signaling bullish momentum, and the MACD is showing a potential buy signal.
If buying pressure continues, PNUT could break its next resistance at $0.1950, potentially reaching $0.2500, the level it hit on March 2, 2025. On-chain metrics show growing investor confidence, with a 19% surge in open interest and an increase in PNUT holders. However, if the breakout fails, PNUT could trade between $0.15 and $0.13.
PENGU (Pudgy Penguins): Reversal on the Horizon?
PENGU is showing signs of potential reversal after a prolonged downtrend. The coin’s price peaked at $0.046 in January 2025, and it is now experiencing a slight bullish divergence, supported by a decrease in sell pressure. The RSI, which had been oversold for some time, is now showing signs of recovery. A breakout above the $0.007 level could push PENGU to $0.0091, with the potential to reach $0.01 in the short term. However, if PENGU fails to maintain the $0.005 level, it could see further declines.
Conclusion:
The recent listing of meme coins POPCAT, PNUT, and PENGU on Robinhood has sparked renewed interest, with each coin experiencing varying levels of bullish momentum. POPCAT is aiming for a breakout, PNUT is seeing strong momentum and growing investor confidence, and PENGU shows signs of a potential reversal after a long downtrend. While the broader market faces challenges, these meme coins could see significant price movement in the coming days, making them a key focus for investors in the meme coin space.
Also read: Cardano Price Prediction: Will ADA Reach New Heights in 2025 and Beyond?