Pendle (PENDLE)
As of April 29, 2025, Pendle (PENDLE) is trading at approximately $2.52 USD, reflecting a 2.36% increase from the previous close.
$2.52
+$0.06 (2.36%)
Current Price | 24h Price Change | 7-Day Avg Price | Support Level | Next Resistance |
$2.52 USD | 2.36% | $3.40 USD | $1.87 USD | $20.13 USD |
📈 Technical Analysis Summary
- Price Movement: The 2.36% increase indicates Bullish momentum; renewed investor confidence.
- 7-Day Average Comparison: Trading below the 7-day average ($3.40 USD); weak or consolidating trend; watch for support breakdown.
- Support and Resistance Levels: Price is above support ($1.87 USD); confirms bullish base. Room for growth before hitting resistance ($20.13 USD).
- RSI Analysis: RSI at 55.20 indicates Neutral zone; balanced market.
- MACD Analysis: Flat MACD (-0.00); no strong directional bias.
📊 Market Sentiment
Indicator | Value | Interpretation |
---|---|---|
RSI | 55.20% | Neutral; neither overbought nor oversold |
MACD | -0.00 | Bearish; suggests downward momentum |
Above 7-Day Avg? | No | Indicates bearish pressure or cooling off |
Above Support? | Yes | Suggests price stability above support. |
Pendle (PENDLE) Price Prediction Preview
Forecast Range | Prediction Trend |
---|---|
Daily | 📉 Bearish — Caution in the short term due to weakening indicators |
Weekly | 🔻 Weak — Risk of short-term pullback if support breaks |
Monthly | ⚠️ Watch volume — Potential trend exhaustion in PENDLEUSD |
Yearly | 🧯 Uncertain — Macro factors may limit long-term upside for PENDLEUSD |
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