The post Pippin Price Explodes, Inches Close to Highs- Is A New ATH at $1 in Making? appeared first on Coinpedia Fintech News
PIPPIN price moved higher today as the token continued to trade within a strong bullish structure, keeping it within striking distance of a new all-time high. At the time of writing, PIPPIN is hovering near $0.47, up more than 53.44% on the day, and now sits roughly 21% below its previous peak.
The latest move comes after several weeks of consolidation beneath resistance, a phase that has allowed the crypto market to absorb earlier gains without triggering a meaningful breakdown.
Why Is PIPPIN Price Rising Today?
PIPPIN’s rally appears to be driven by trend continuation rather than short-term speculation. Since November, the price has respected a rising trendline, with buyers consistently stepping in near higher lows. It has held above the $0.45–$0.46 support zone, which aligns with both the ascending trendline and daily Ichimoku cloud support. This has limited downside pressure and allowed the price to gradually rotate higher.
With selling pressure fading and price stabilising near range highs, buyers have started to reassert control.
With PIPPIN already consolidating near the upper end of its recent range, attention is now shifting toward the token’s all-time high near the $0.60 area. A clean daily close above the $0.52–$0.55 resistance zone would significantly increase the probability of a retest of that level.
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If momentum accelerates after a breakout, the chart suggests that price discovery could follow, as overhead resistance remains limited beyond the prior high.
Momentum indicators continue to support the bullish case. The Relative Strength Index (RSI) is holding around 60, indicating strength without signs of exhaustion. Volume has remained steady rather than explosive, suggesting accumulation rather than panic buying. In the meantime, the Ichimoku cloud is approaching a bullish crossover and rising above the cloud. This suggests that the momentum could remain bullish, aiming to reach 1.2 FIB at $0.912 and later at $1.05 at 1.4 FIB.
What’s Next for Pippin Price?
The bullish setup remains valid as long as PIPPIN holds above $0.45. A decisive break below that level would weaken the current structure and raise the risk of a deeper pullback toward the $0.36–$0.38 region. Until then, pullbacks are more likely to be viewed as corrective rather than trend-reversing.
PIPPIN’s price action suggests the market is coiling just below resistance, not rolling over. With the price holding trend support and trading only 21% below its all-time high, the next decisive move could determine whether the token enters a new price-discovery phase or extends its consolidation further.
FAQs
PIPPIN is rising due to trend continuation, with buyers defending key support and momentum building after weeks of consolidation below resistance.
PIPPIN is typically available on select centralized and decentralized exchanges. Always check liquidity, fees, and contract details before trading.
If momentum continues after a breakout, technical targets point toward $0.90–$1.05, while failure to hold support could delay further upside.