NFT Sales Decline 26% to $101 Million in Final Week of October 2025
Market Decline: The global NFT market capitalization fell from $6.2 billion to $4.7 billion in late October, with a 26% drop in sales volume to $101 million, influenced by trade wars and macroeconomic pressures.
Increased Participation: Despite the downturn, the number of crypto users purchasing NFTs rose by 24% to 604,147, indicating a shift towards a more mature market focused on utility.
Top Blockchain Networks: Ethereum remained the most traded blockchain for NFTs, followed by Bitcoin and Base, with notable sales volumes and varying trends in trading activity over the past week.
Leading NFT Collections: The DX Terminal collection was the top seller at $6 million, while other notable collections included Bored Ape Yacht Club and CryptoPunks, with significant fluctuations in sales compared to the previous week.
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Technical Analysis for PENGU
Technical Sentiment Analysis for Pudgy Penguins (PENGU) As of , Pudgy Penguins (PENGU) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PENGU stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PENGU is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Pudgy Penguins (PENGU) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00163 | 0.00345 | 0.00524 | 0.00706 | 0.00885 | 0.0107 | 0.0125 |
| Fibonacci | 0.00345 | 0.00483 | 0.00568 | 0.00706 | 0.00844 | 0.00929 | 0.0107 |
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