PEAQ is priced at $0.067 while a double bottom pattern, commonly known as "W", is developing on the chart. This technical pattern historically indicates a possible bullish momentum. The structure suggests that the altcoin could experience continued strength in its price.
The Parabolic SAR indicator currently appears below the candle, reinforcing the presence of an upward trend. This technical signal supports the possibility of PEAQ rising to $0.070. A sustained move above $0.072 would represent a confirmed bullish breakout, pushing the altcoin towards higher levels not observed in the last trading sessions.
If unexpected selling pressure arises, PEAQ could fall to $0.061. Such a move would erase recent bullish signals and mark a significant technical breakdown. A drop to this level would place the price in a bearish range.
$PEAQ