The United States made in coins showed a mixed performance in the first week of May, and the ping, SUI and the conclusion showed very different paths. PENGU grew by 107% over the past week, signaling a strong restoration after several months of correction.
SUI was also impressed by jumping 70% and positioning itself among the largest in the United States. Meanwhile, Renderin tried his best to gain momentum, without raising both a wider market and the leading coins of AI.
Chubby penguins (ping)
Penga once was a leading coin of a meme on Solan, reaching a peak market capitalization of $ 2.9 billion on January 6.
However, after its explosive growth, token entered the phase of prolonged correction, and its market capitalization decreased below $ 1 billion by January 29.
Since then, Pengu has tried his best to restore his previous impulse, reflecting the wider interest in cooling in the coins of memes during this period.
Despite the correction, the recent price action suggests that the mood around Ping may change again.
Over the past seven days, PENGU has increased by 107%, including an increase of more than 16% over the past 24 hours. PENGU can soon check the resistance level of $ 0.011, if this strong impulse continues.
The break above this point can open the way to 0.0126 US dollars, and if the bull pressure remained strong, further goals in the amount of $ 0.0171 and even $ 0.0223 can enter the game – exceeding the mark of 0.020 US dollars for the first time from January 27.
Sui
SUI was one of the outstanding performers among the altcoins over the past week, grown by 70% and positioned immediately after Cardano, Solan and XRP in market capitalization among the main in the United States.
With fast movement, SUI approaches critical technical levels that can determine whether the rally continues or is faced with a rollback.
Recently, Sui checked the resistance of $ 3.73, but could not break through. If he manages to test this level again and successfully break it, the next goal will be $ 4.25, which will also note that for the first time it is traded with more than $ 4 from January 31.
However, if the bull impulse disappears, SUI can be tested to check the support zone of $ 3.25.
The loss of this support can lead to a deeper correction in relation to $ 2.92 or even $ 2.51, which makes the upcoming pricing action especially important for assessing whether the SUI rally spread further.
RENDER
Render is behind a wider market, releasing only 2% over the past seven days, much less than most other main coins in the United States.
It also does not work compared to tokens oriented to AI, such as TAO, FET and virtual, which showed a much stronger impulse.
These weak results suggest that although the narratives of artificial intelligence continue to gain momentum, Render with all his might tried to capture the same level of enthusiasm that expressed concern about its short -term prospect compared to its peers.
Technically, EMA renders signal the potential weakness, with the possibility of forming a death cross in the near future.
If the descending trend is materialized, rendering can be the first check of support at $ 4.25; The loss of this level can open a door for deeper falls up to $ 3.82, $ 3.55, and even $ 3.14.
However, if the render manages to restore a positive impulse, the rebound of $ 4.63 can still be in the game.
