PIPPIN rockets out of consolidation | Credit: Hameem Sarwar
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Key Takeaways
PIPPIN breaks resistance as momentum surges toward all-time highs.
Open Interest spikes 127%, signaling strong speculative upside pressure.
RSI and MACD confirm a bullish trend, aiming for the $0.39 region.
The PIPPIN memecoin is back in the spotlight after another explosive rally, which created an 82% intraday surge.
This move follows November’s widely covered 256% breakout, which CNN highlighted after the memecoin shocked the market.
Momentum has not slowed. If anything, it has intensified.
At the time of writing, PIPPIN has reignited its bullish wave, blasting out of consolidation and positioning itself for another potential extension. So, what’s next for cryptocurrency?
PIPPIN Hits All-Time High
The Awesome Oscillator shows a dramatic surge in momentum.
On the 4-hour chart, the AO has printed a powerful series of rising green histogram bars above the zero line. This confirms accelerating bullish pressure and validates the breakout from its prior consolidation range.
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Further supporting the move, Open Interest (OI) has surged more than 127% in the past eight hours, signaling that traders are aggressively positioning for more upside.
This OI expansion reflects rising confidence that the PIPPIN memecoin has additional room to run as bullish momentum accelerates.
If Open Interest continues to climb alongside rising spot demand, PIPPIN’s price could experience even sharper upside volatility.
On the daily chart, PIPPIN’s price has printed multiple strong green candles. The Relative Strength Index (RSI) has surged above the overbought zone to 75.68, confirming intense buying pressure.
A high RSI reinforces strong bullish momentum, indicating that buyers remain firmly in control.
The MACD supports this outlook. The 12-day EMA has crossed above the 26-day EMA, signaling a clear bullish shift.
The histogram continues printing green bars above the neutral line, confirming sustained upward momentum.
If PIPPIN’s price maintains this structure, the bullish trend is likely to extend as buyers push toward another breakout attempt.
Drawing from Fibonacci retracement levels, PIPPIN, now trading at $0.33, is approaching the Fib level at $0.34, which aligns perfectly with its all-time high.
Buyers remain aggressive as price nears this threshold, providing enough energy to challenge the ceiling.
If bullish pressure holds, the PIPPIN memecoin may retest its all-time high and attempt a clean break above $0.39.
However, if profit-taking intensifies, PIPPIN’s price could retrace toward immediate support at $0.15, which aligns with the 0.382 Fib level.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
