The post Will This Breakout Boost PENDLE Price Beyond $10? appeared first on Coinpedia Fintech News
With a bullish trend starting to surface in the crypto market, the underlying gears in the altcoins are turning bullish. Amidst the resurfacing altcoins, the PENDLE price action teases a massive breakout rally coming this month.
With the trend reversal gaining momentum, the PENDLE price trend showcases dominance above $5. Will the bullish dominance lead the uptrend to hit the $10 milestone this month? Let’s look at the price analysis below for a deeper understanding.
Pendle Price Aims $7 Breakout
The PENDLE coin price action shows a prominent uptrend in action in the daily chart. With an overnight jump of 3.49%, the short-term rounding reversal teases an uptrend continuation.
Tradingview
In the larger trend, the PENDLE price action shows an inverted head and shoulder pattern. Generally, in a pattern known for bullish breakouts, the neckline stands at the $7 supply zo
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