PENGU Surges 15% on ETF Filing, AVAX Eyes $30, PI Drops 31% on Controversy

As the last week of March approaches, several Made in USA cryptocurrencies have garnered significant attention due to various factors. These tokens, including PENGU, AVAX, Pi Network (PI), Official Trump (TRUMP), and RENDER, are poised to be key players in the market. Each token has unique developments and potential price movements that investors should monitor closely.

PENGU has been a standout performer, driven by the filing of a PENGU ETF by Canary. This development has brought considerable attention to the token, which is currently trading within a range of $0.0061 to $0.0072. If bullish momentum continues, particularly with more ETF-related news, PENGU could break through the $0.0072 resistance level and target $0.00759 and $0.0093. A breakout above $0.0093 would likely strengthen the bullish outlook, pushing PENGU toward a more sustained uptrend. Conversely, if PENGU loses the $0.0061 support, it could fall to $0.0057 and even $0.0050, increasing downside pressure and weakening the recent bullish sentiment.

Avalanche (AVAX) has also been in the spotlight, approaching key resistance at $22.58. A successful breakout could push AVAX toward $25.11 and $27.22. With strengthening momentum or positive news, AVAX could even test $36.18, breaking above $30 for the first time since early February. However, if bullish momentum fades, AVAX could pull back to support at $20.22. A break below this level could open the door to further downside, with $18.13 and $15.28 as the next targets.

Pi Network (PI) has faced heavy scrutiny over the past week due to centralization concerns surrounding its SuperNodes and allegations of bot activity on CoinMarketCap. These issues have negatively impacted community sentiment, leading to a nearly 31% drop in the token's value over the last seven days. PI is currently trading below $1. If sentiment improves, PI could rebound to test resistance at $1.23 and potentially reach $1.79 with building momentum. However, if negative sentiment persists, PI may continue to slide toward the $0.81 support. A break below that could push it down to $0.62, marking its lowest level since February 21.

Official Trump (TRUMP) remains one of the most relevant meme coins in the market, particularly among Made in USA cryptocurrencies. With a market cap of $2.3 billion, it has dropped significantly from its $15 billion peak at launch. Meme coins like TRUMP are highly sensitive to market conditions, often outperforming during rallies but correcting harder during downturns. With the broader market starting the week on a bullish note, TRUMP could recover and test resistances at $12.51 and $13.88. If momentum is strong, it could climb toward $17.75 and even $24.56, breaking above $20 for the first time since mid-February. However, if bullish momentum fails to materialize, TRUMP could drop to retest support at $9.54. If selling pressure increases, a deeper correction could even push it below $9.

In summary, the last week of March is shaping up to be a critical period for several Made in USA cryptocurrencies. PENGU's ETF filing, AVAX's resistance levels, PI's community controversies, and TRUMP's market sensitivity are all factors that could significantly impact their price movements. Investors should closely monitor these developments to capitalize on potential opportunities and navigate the market's volatility.