Bullish Momentum vs Bearish Risk: PIPPIN Price

The price of PIPPIN over the past 24 hours has strengthened and is trading around $0.72, up roughly 15 percent from its earlier level near $0.62. This rise happened gradually throughout the day rather than as a sudden spike, suggesting a fairly consistent buying pressure.

However, in the volatile crypto market, rapid gains are often followed by correction phases. Therefore, it is important to read the chart objectively to assess whether this momentum can continue or is approaching exhaustion.

Key Takeaways:

• PIPPIN price rose by about 15 percent in the past 24 hours.
• The $0.70 area acts as a crucial short term support level.
• Correction risk remains around the $0.72 to $0.75 resistance zone.

Bullish Momentum Still Evident

Technically, the intraday chart shows a gradual upward pattern with a series of higher lows and higher highs in the short term. This pattern generally reflects buyer dominance over the observed period.

Trading volume in the tens of millions of dollars also supports the price movement. Active market participation typically makes a rise more credible than a spike with low volume.

Price has retraced slightly on several occasions but remained above $0.70. If this level holds over the next few sessions, it could form a new support zone. In the short term, as long as price stays stable above this area, sentiment remains relatively positive.

However, bear in mind that a single day’s gain is not enough to confirm a medium or long term uptrend. Further confirmation is required.

Read also: How to Buy PIPPIN on Bittime: Practical Steps for Beginners

Potential Bearish Risk at Resistance Areas

On the other hand, the $0.72 to $0.75 range can be considered short term resistance. This zone may trigger profit taking from traders who have already gained significantly.

If price fails to break that resistance and instead falls below $0.70 with increased selling volume, a correction toward the $0.65 area becomes possible. Such a correction does not necessarily indicate a full trend reversal but can be an adjustment after a rapid rise.

External factors also matter. Movements in major crypto assets like Bitcoin often affect altcoins. If the broader market weakens, selling pressure on PIPPIN may rise despite previously strong technicals.

Therefore, chart reading should not be one sided. Evaluation must consider support and resistance levels as well as broader market conditions.

Read also: PIPPIN Price Predictions 2025–2030

Objective Approach to Reading the Chart

In this situation, the most rational approach is to wait for confirmation. Short term traders can monitor whether price consistently holds above $0.70 or breaks below it.

Medium term investors typically wait for a more stable consolidation before concluding a new trend. Discipline in risk management remains key, including setting stop loss levels before opening positions.

If you want to monitor PIPPIN and other crypto assets in real time, use a platform that provides transparent price and volume data. You can start exploring digital asset trading by signing up on Bittime via Bittime.com to access various available features.

With sufficient information and a measured strategy, investment decisions can be made more rationally according to individual risk profiles.

Read also: Memecoins to Watch in February 2026

Conclusion

The PIPPIN price chart shows short term bullish momentum supported by price gains and active trading volume. The $0.70 level is important to maintaining positive sentiment, while the $0.72 to $0.75 zone serves as resistance that needs to be overcome for further gains.

Amid fast changing crypto market dynamics, balancing optimism and caution remains necessary. Technical analysis should be used as an aid, not the sole basis for decision making.

How to Buy Crypto on Bittime

Want to trade or buy buy Bitcoin and invest in crypto easily? Bittime is ready to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures transactions are secure and fast.

Start by registering and verifying your identity, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check exchange rates for BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to track market trends in real time on Bittime.

Also visit Bittime Blog for useful updates and educational content about the crypto space. Find reliable articles on Web3, blockchain technology, and asset investment tips designed to broaden your crypto knowledge.

FAQ

Is PIPPIN currently in an uptrend?

In the short term it appears stronger, but the medium term trend still needs additional confirmation.

Where is the nearest support right now?

The area around $0.70 is the important short term support.

What is the biggest risk when price rises quickly?

The main risk is a correction due to profit taking.

Why is trading volume important?

Volume indicates market participation and the strength of price moves.

Is this rise guaranteed to continue?

There is no certainty. Further movement depends on market dynamics and participant responses.