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Recently, the cryptocurrency market has once again stirred, with several highly watched altcoins showing significant upward trends.
The Pengu coin is showing strong upward momentum, breaking through previous resistance levels. Currently, the market has differing views on its potential target price, with some analysts suggesting it could reach the psychological level of 0.04. This fierce upward trend has surprised many investors.
Meanwhile, Dogecoin (Doge) has also broken through its previous technical pattern, showing potential for an upward movement. From a longer-term perspective, it could gradually strengthen amid fluctuations and may even rise to the level of 0.35. However, investors need to remain vigilant and closely monitor its price movements. If Doge's price falls below the breakout point again, it could indicate a false breakout, at which point a stop-loss should be considered. Conversely, if the price can stabilize again after a pullback, it may present an opportunity to re-enter.
In addition, Pepe Coin has also joined this wave of increase. The market expects it may continue to rise to the range of 0.15 to 0.16. It is worth noting that these three cryptocurrencies, jokingly referred to as "crazy animal coins," have all recorded an increase of over 10%.
For investors who have already made profits, it may be worth considering partial profit-taking while closely monitoring market trends to seek potential re-entry opportunities. However, the cryptocurrency market has always been highly volatile, and investors should act with caution when making any decisions, fully assessing the risks.