Robinhood Lists Three Memecoins: POPCAT, PNUT, and PENGU

This article explores the trending memecoins POPCAT, PNUT, and PENGU, as Robinhood has announced the listing of these coins.

Three memecoins, POPCAT, PNUT, and PENGU, are trending on Coinpedia Markets. Popular crypto and stock trading platform, Robinhood has announced the listing of these meme coins amid a downtrend within the crypto market.

Popcat (POPCAT) Technical Analysis: Might Hit $0.31

Over the last 24 hours, POPCAT price has broken out its 10-day EMA at $0.188 and currently trading at $0.1926, a 13.67% rise. POPCAT has bounced off from its support level of $0.181 and is now heading to a resistance of $0.205.

Popcat coin has a significant hurdle to break the resistance at $0.248. If macroeconomic market conditions and investor behavior improve, POPCAT may hit past the $0.210588 resistance. A successful breach of this level might push the altcoin to reach $0.238 or $0.248, invalidating the current negative trend. This would indicate a shift in market behavior, potentially paving the way for a more prolonged rebound up to $0.31 this week.

However, if it is unable to break the $0.238 mark, the memecoin will most likely trade between $0.150 and $0.227.

Peanut the Squirrel (PNUT) Technical Analysis: Could $PNUT Hit Its Monthly High of $0.308?

PNUT price hits a 24H high of $0.1801, up 8.50% in the past 24 hours. The price has climbed from a descending trendline resistance. The RSI jumped from 33.57 on March 10 to 63.73, suggesting bullish momentum. While the MACD is at -0.0124, indicating a potential buy signal as momentum shifts bullish.

If buying pressure continues PNUT token could break its next resistance at $0.1950 and $0.2150 this week. A sustained surge above $0.2150 may push PNUT toward the $0.2500 mark which it reached on March 2, 2025.

On-chain metrics are bullish, with PNUT holders increasing from 81,956 to 84,142 in the past week, while open interest surged 19% to $137.10 million in the last 24 hours. This indicates growing investor confidence and increased trading activity.

However, if the breakout fails, PNUT could trade between support at $0.15 and $0.13.

Pudgy Penguins (PENGU) Technical Analysis: Will PENGU Reclaims Past $0.01?

$PENGU coin is currently holding strong, displaying signs of potential reversal after an extended downtrend where it peaked at $0.046 on Jan 26, 2025. The 4-hour Relative Strength Index (RSI) has been consistently oversold, but a slight bullish divergence is forming.

$PENGU divergence and decreased selling volume indicate that negative momentum is fading. Given the dramatic decrease, a relief rally could be on the horizon. A bounce from the $0.007 (small breakout level) resistance level is consistent with a probable reversal, as indicated by the RSI, which has exited the oversold zone.

If the $PENGU price breaks above minor resistance around $0.007, it is likely to move to $0.0091, and then to the target price of $0.01 this week. However, failure to sustain the $0.005 mark could lead to a decrease.