The $PENGU USDT short opportunity alert suggests that PENGU has broken through key support at $0.0367, indicating bears are gaining strength. Here are the details¹:

- *Current Price*: $0.0361

- *Target*: $0.0334

- *Stop Loss*: $0.0380

Given the current market trend, if momentum stays, PENGU is on track for a solid profit. However, cryptocurrency markets are highly volatile, so it's crucial to stay sharp and monitor the market closely.

To better understand the potential movement, let's look at a similar cryptocurrency, XRP. XRP has recently seen significant growth, with its price jumping over 120% from its lowest point in April. Technical indicators suggest sustained momentum on weekly timeframes, implying potential further growth.²

*XRP Price Stats:*

- *Current Price*: $3.57-$3.64

- *24-hour Change*: +2.76% to +3.2%

- *7-day Change*: +20.36% to +21.36%

- *Market Cap*: $214.21B-$215.12B

While PENGU and XRP are different cryptocurrencies, understanding XRP's market performance can provide insights into broader market trends.³ ⁴#BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #PENGUUSDT $PENGU