Discover the Surprising Truth Behind PUMP’s Upcoming Rally!

Ah, Pump.fun [PUMP], the underdog of the crypto realm, has soared a remarkable 34.6% since Sunday’s little hiccup in price. Meanwhile, Bitcoin [BTC]-that granddaddy of digital currency-decided to muster only a timid 1.94% rise. Quite the spectacle, isn’t it?

While Bitcoin and its crypto comrades have been sulking in a slump for the past fortnight, the brave bulls of PUMP have valiantly defended their precious local support. What a sight, like watching a determined child protect his last cookie from the hungry horde!

On the splendid 1-day chart, PUMP has dazzled us with a bullish structure break around mid-January. A true show of strength, aided by those crafty whales accumulating more of this delightful token, leaving the rest of the crypto market to lick its wounds.

Since mid-December, PUMP has been making higher lows-a sign that perhaps, just perhaps, it may rise again to touch the previous swing high of $0.0034. What a dramatic comeback that would be!

Should PUMP close a daily session above this level, we might just witness a sustained rally toward $0.0045 and beyond. Imagine the excitement! The momentum is palpable, though one must admit, the volume trends resemble an old tortoise-slow and steady, but oh so unexciting. Our dear OBV has been meandering sideways for ten long days, while the CMF flirted with slipping below -0.05. Such drama!

But fear not, noble bulls! So long as the buying volume for our beloved Pump.fun token finds a way to regain its earlier vigor, all will be well in the kingdom of PUMP.

The bearish case for PUMP

Of course, a cloud looms over our hero. Demand may continue to dwindle if PUMP’s price can’t muster the strength to breach the $0.0034 resistance from December. It could all go pear-shaped if Bitcoin decides to take another dive, losing the $80,600 weekly low from mid-November. Ah, the suspense!

But until the stars align against it, PUMP is likely to keep pushing toward $0.0034, and who knows? Perhaps even higher!

Traders’ call to action- Stay bullish

Utilizing the mystical 4-hour timeframe, it was revealed that PUMP has been respecting the venerable Fibonacci retracement levels based on its gallant rally to $0.0031. The latest escapade began at $0.0023, hovering just above the 78.6% retracement level-a precarious dance indeed!

In the past couple of days, trading volume has been robust, often exceeding the 20-period moving average. Our trusty OBV has been on the rise, while the CMF is poised to break through +0.05, and the RSI has decided to throw caution to the wind by entering overbought territory. Oh, what a thrill!

These signals suggest that PUMP may very well extend its rally to $0.0034 (swing high) and perhaps even touch $0.0037 (the fabled 61.8% extension level). Hold onto your hats, folks!

Final Thoughts

  • Pump.fun token prices remained calm in the storm while the rest of the market bled profusely, launching themselves strongly since Sunday’s low.
  • The trading volume has been a roaring success during this recent pump, and combined with the 1-day structure, a breakout past $0.0034 seems almost destined to happen.

Read More

2026-01-28 00:27