Pendle ($PENDLE ) is showing growth: price $5.522, up 6.4% in 24 hours! 📈 The platform tokenizing future yield through a unique AMM is strengthening its position in DeFi thanks to integrations with Ethereum and Avalanche. Technical analysis: price above the 50-day SMA ($5.20), RSI at 45.71 – the market is neutral with a bullish momentum. Trading volumes have risen to $101.9M, and the outflow of $8.3M from Binance signals institutional interest. 💡
Short-term forecast: if support at $5.20–$5.30 $PENDLE holds, it could reach $6.00–$7.00 in the coming weeks. Long-term outlook: analysts predict growth to $12–$40 by 2025–2030 with increased DeFi adoption. However, volatility remains, and a correction to $4.50 is possible. 📉 Partnerships with Binance Labs and TVL of $7B add optimism.
What do you think? $PENDLE Will it break $10 or pull back? Share your forecasts in the comments! 🗣️ Subscribe to not miss fresh analytics and hot news from the crypto market! 🚀 #PENDLE #Binance #Crypto #Trading #Altcoins
