en
Back to the list

Pippin Price Rallies 56%, Aims At New All-Time High Again This Month

source-logo  beincrypto.com 23 January 2025 00:15, UTC
image

$PIPPIN has captured investor attention with a remarkable 56% price surge, recovering most of its recent losses. This AI-powered altcoin continues to attract market interest, fueled by its potential and strong investor support.

As momentum builds, $PIPPIN appears poised to reach new heights, supported by both technical and macro trends.

$PIPPIN Investors Are Optimistic

The Moving Average Convergence Divergence (MACD) indicator suggests a potential shift in momentum for $PIPPIN. Currently nearing a bullish crossover, this indicator points to the possible end of the recent bearish phase. If confirmed, this crossover would signal the continuation of $PIPPIN’s uptrend and further boost investor confidence.

This shift in the MACD aligns with increasing optimism among market participants. A bullish crossover would indicate strengthening upward momentum, potentially attracting more buying activity. As a result, $PIPPIN could sustain its current rally and maintain the positive sentiment driving its recovery.

$PIPPIN MACD. Source: TradingView

The Chaikin Money Flow (CMF) indicator reflects growing investor interest in $PIPPIN. An observed uptick in CMF signals an inflow of capital into the asset, highlighting strong market confidence. This increased liquidity could help $PIPPIN navigate any short-term profit-taking pressures, ensuring its uptrend remains intact.

The rising CMF also highlights the broader bullish sentiment surrounding $PIPPIN. With investor money flowing steadily into the asset, the altcoin has a solid foundation to counter potential drawdowns. This macro momentum could support $PIPPIN’s efforts to secure critical price levels and achieve further gains.

$PIPPIN CMF. Source: TradingView

$PIPPIN Price Prediction: New High Likely

$PIPPIN’s price surged by 56% in the past 24 hours, currently trading at $0.190. The AI Agent token must secure $0.136 as a support level to sustain this momentum. Successfully doing so would provide the stability needed for further price growth.

If $PIPPIN holds above $0.136, it could gain the momentum required to breach the $0.255 resistance level. Breaking past this point could set the stage for a new all-time high (ATH) beyond $0.331, amplifying profits for investors and reinforcing its bullish trajectory.

$PIPPIN Price Analysis. Source: TradingView

However, failure to breach $0.255 could result in $PIPPIN consolidating above $0.136. If it loses this critical support, the altcoin may retrace to $0.080, invalidating its bullish outlook and highlighting the volatility inherent in emerging cryptocurrencies.

beincrypto.com