The post Market Crashes, But This Altcoin Rallies Towards a New ATH; Are Low-Caps the Next Safe Haven? appeared first on Coinpedia Fintech News
PIPPIN price is beginning to show real signs of strength after successfully flipping a former resistance zone into solid support, a shift that often signals a continuation of bullish momentum. Over the past 24 hours, the token has climbed nearly 15% to $0.7232, clearly outperforming the broader market, including the Bitcoin price, which remains under pressure. The move appears to be driven by capital rotation into higher-risk, low-cap altcoins, as large-cap tokens continue to trade in a cautious, bearish environment.
However, the bigger question remains: can a low-cap altcoin like PIPPIN sustain this rally amid persistent fear across the broader market, and does it have enough momentum to push toward a new all-time high?
As noted, the current rally appears to be fueled largely by capital rotation, a shift that became clear when the price bounced strongly from a key support zone. Even during brief pullbacks, PIPPIN has managed to hold above its prior bearish range, showing resilience that many other tokens currently lack. If the bulls can deliver one decisive push above the final resistance zone, it could open the door for a move toward a new all-time high.
As the chart shows, PIPPIN is testing the upper boundary of a broadening wedge for the second time after a brief pullback. To confirm strength, the price needs to clear the resistance zone between $0.71 and $0.75. A follow-through move above $0.811 would likely push the token beyond the pattern and signal a stronger breakout phase.
The price is currently holding above the Ichimoku cloud, supporting the bullish structure, while the RSI has climbed near the upper threshold, reflecting strong momentum. A clean breakout could open the door toward $0.82 and beyond. However, if the breakout fails, the PIPPIN price may drift back toward the $0.51–$0.54 support zone. A bounce there would preserve the uptrend, while a breakdown could send PIPPIN back below $0.30.