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MainNewsPendle (PEND...

Pendle (PENDLE) Set to Push Past $5 as Bulls Lock In Control Around $4.27


by Zayan
for TheNewsCrypto

Pendle (PENDLE) Set to Push Past $5 as Bulls Lock In Control Around $4.27

  • Pendle (PENDLE) breaks past $4.27 with strong volume surge, setting sights on the $5 breakout zone.
  • Bullish momentum builds as technical indicators point to a potential run toward $7.50 and beyond.

Pendle (PENDLE) has been heating up in 2025. Now trading at $4.27, the token recently pushed past a critical resistance zone between $4.00 and $4.50 — and what was once a hurdle is now acting as a safety net. Backing this move is a big jump in trading volume — up by 21.5% to about $129 million — a sign that interest in the project is growing fast.

Source: CoinMarketCap

Traders appear more confident, and that sentiment shows up in the charts. Pendle is now moving with purpose, and the buzz around it suggests we could be in for a run towards $5 and beyond.

Indicators Point to Strong Support and a Bullish Setup

From a technical perspective, Pendle is looking solid. The price is currently well above its 20-day and 50-day moving averages — a classic bullish signal. These trendlines have been holding firm during recent dips, showing strength in the current setup.

The Relative Strength Index (RSI) is hovering near 66, which indicates strong buying interest, though it’s creeping toward the overbought zone. The MACD also gives the green light, and with a Balance of Power reading of around 0.91, the bulls have the upper hand.

$PENDLE already shows a bullish pattern as it breaks out of  an ascending triangle on the daily timeframe.

Source: TradingView

Pendle also cleared the 0.618 Fibonacci retracement level, flipping it from resistance to support. An ascending triangle pattern is shaping up too — another signal that a breakout may not be far off.

Key Levels to Keep an Eye On as the Rally Builds

Support-wise, the $4.00 level is holding well, with a secondary cushion near $3.85 at the 20-day moving average. These key levels were dependable even during Pendle minor pullback, and might be the safest zone if any dip occurs.

Meanwhile, $4.75 will be the next price target and a successful reach might lead way to $5.30, which is a key Fibonacci level and could be a trigger to a bullish uptrend.

Beyond that, the bulls will likely target the $7.50 range, Pendle’s former all-time high. If the rally has real legs, that milestone could be challenged in the months ahead.

Market Confidence Grows as Pendle Attracts More Attention

A clear wave of optimism is building around Pendle, mainly thanks to its unique position in the DeFi space, focusing on future yield trading. The gradual expansion of the Pendle ecosystem, platform upgrade and partnership will boost investors interest and confidence.

Pendle’s recent volume surge is beyond numbers growth, but a signal to market acceptance and participation. Crypto experts expect Pendle to likely achieve between $8.75 and $9.30 milestone before Q4 2025 if the bullish momentum holds steady. 

Looking Ahead: Where Pendle Could Go in the Years to Come

The bigger picture for Pendle seems bright. Price forecasts heading into 2028 are averaging around $11.90, driven by broader adoption of DeFi and ongoing growth in Pendle’s ecosystem.

Some more optimistic long-term projections suggest that the price will reach as high as $40 by 2031. Of course, these targets depend on broader market trends, project development, and the pace of innovation, but the potential is there.

In the short term, traders should watch momentum indicators. If things get overheated, a slight pullback wouldn’t be a surprise. Still, Pendle is showing all the signs that a token is gaining real traction. Immediate targets include the $4.50 to $4.60 range, while medium-term projections stretch toward $10.20. If it keeps this pace, a double-digit valuation isn’t out of the question.

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MainNewsPendle (PEND...

Pendle (PENDLE) Set to Push Past $5 as Bulls Lock In Control Around $4.27


by Zayan
for TheNewsCrypto

Pendle (PENDLE) Set to Push Past $5 as Bulls Lock In Control Around $4.27

  • Pendle (PENDLE) breaks past $4.27 with strong volume surge, setting sights on the $5 breakout zone.
  • Bullish momentum builds as technical indicators point to a potential run toward $7.50 and beyond.

Pendle (PENDLE) has been heating up in 2025. Now trading at $4.27, the token recently pushed past a critical resistance zone between $4.00 and $4.50 — and what was once a hurdle is now acting as a safety net. Backing this move is a big jump in trading volume — up by 21.5% to about $129 million — a sign that interest in the project is growing fast.

Source: CoinMarketCap

Traders appear more confident, and that sentiment shows up in the charts. Pendle is now moving with purpose, and the buzz around it suggests we could be in for a run towards $5 and beyond.

Indicators Point to Strong Support and a Bullish Setup

From a technical perspective, Pendle is looking solid. The price is currently well above its 20-day and 50-day moving averages — a classic bullish signal. These trendlines have been holding firm during recent dips, showing strength in the current setup.

The Relative Strength Index (RSI) is hovering near 66, which indicates strong buying interest, though it’s creeping toward the overbought zone. The MACD also gives the green light, and with a Balance of Power reading of around 0.91, the bulls have the upper hand.

$PENDLE already shows a bullish pattern as it breaks out of  an ascending triangle on the daily timeframe.

Source: TradingView

Pendle also cleared the 0.618 Fibonacci retracement level, flipping it from resistance to support. An ascending triangle pattern is shaping up too — another signal that a breakout may not be far off.

Key Levels to Keep an Eye On as the Rally Builds

Support-wise, the $4.00 level is holding well, with a secondary cushion near $3.85 at the 20-day moving average. These key levels were dependable even during Pendle minor pullback, and might be the safest zone if any dip occurs.

Meanwhile, $4.75 will be the next price target and a successful reach might lead way to $5.30, which is a key Fibonacci level and could be a trigger to a bullish uptrend.

Beyond that, the bulls will likely target the $7.50 range, Pendle’s former all-time high. If the rally has real legs, that milestone could be challenged in the months ahead.

Market Confidence Grows as Pendle Attracts More Attention

A clear wave of optimism is building around Pendle, mainly thanks to its unique position in the DeFi space, focusing on future yield trading. The gradual expansion of the Pendle ecosystem, platform upgrade and partnership will boost investors interest and confidence.

Pendle’s recent volume surge is beyond numbers growth, but a signal to market acceptance and participation. Crypto experts expect Pendle to likely achieve between $8.75 and $9.30 milestone before Q4 2025 if the bullish momentum holds steady. 

Looking Ahead: Where Pendle Could Go in the Years to Come

The bigger picture for Pendle seems bright. Price forecasts heading into 2028 are averaging around $11.90, driven by broader adoption of DeFi and ongoing growth in Pendle’s ecosystem.

Some more optimistic long-term projections suggest that the price will reach as high as $40 by 2031. Of course, these targets depend on broader market trends, project development, and the pace of innovation, but the potential is there.

In the short term, traders should watch momentum indicators. If things get overheated, a slight pullback wouldn’t be a surprise. Still, Pendle is showing all the signs that a token is gaining real traction. Immediate targets include the $4.50 to $4.60 range, while medium-term projections stretch toward $10.20. If it keeps this pace, a double-digit valuation isn’t out of the question.

Highlighted Crypto News for Today 

‌Meliuz Becomes Brazil’s First Public Bitcoin Treasury Company

Read the article at TheNewsCrypto

Read More

Is It Too Late to Buy Bitcoin? Michael Saylor Offers Perspective on Long-Term Value

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