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Pendle (PENDLE) Price Crashes – Will It Rebound to $7.65?

Currently, Pendle is trading at $3.20, with a 24-hour trading volume of $48 million.
Looking ahead to 2025, Cryptonary predicts that if the DeFi sector experiences a bull run, Pendle could reach a high of $7.65.
On the downside, if DeFi fails to gain traction, the price might drop to $1.91, with an average level around $4.78.

Looking for a detailed long-term forecast? Check out Coinpedia's full Pendle Price Prediction for 2025.

Technical Analysis:

Crypto analyst BustJordy pointed out that Pendle has recently broken a months-long trendline support, which indicates a clear shift in momentum.

This breakdown has drawn attention to a critical support zone just below the current price.

Jordy believes that traders are now waiting to see if PENDLE stabilizes in this range—possibly leading to a sideways setup—or if it breaks down further to revisit earlier lows.

What to Expect Next?

This setup presents opportunities for both bulls and bears. A confirmed breakdown could lead to further downside, but a bounce could open the door for recovery. In the bigger picture, the DeFi sector’s performance will also play a big role in Pendle’s future.

If DeFi gains attention during the next bull run, Pendle Price Prediction 2025 could climb to $7.65. If not, it may drop as low as $1.91, with an average price hovering around $4.78.

Stay tuned—Pendle’s next move could be a game-changer.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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