PIPPIN Surges Past $0.76 — $0.8472 Break or Pullback to $0.6715 Next?

CryptoNewsLand
PIPPIN-16,55%
BTC0,84%
  • PIPPIN moved above the $0.74–$0.76 resistance zone and now tests it as potential support.

  • Price trades between $0.6715 support and $0.8472 resistance within the 24-hour range.

  • Strong 12H candles drove the rally, although a 2.7% daily pullback shows short-term consolidation.

Pippin (PIPPIN) traded at $0.7793 after pulling back 2.7% over the past 24 hours. Notably, the token recently pushed above the $0.74–$0.76 resistance zone on the 12-hour chart. Price has now tried to stabilize above that previous ceiling and volatility has increased.

In the meantime, the two have a range of 24 hours between the support of $0.6715 and the resistance of $0.8472. PIPPIN is trading against Bitcoin at 0.00001191 BTC, which has increased by 1.3 per cent on a day-to-day basis. This is a low position that leaves the asset close to the first six months of its short term range.

Breakout Structure and 12H Momentum

The 12-hour chart indicates a definite recovery of the $0.45 support base. Buyers intervened emphatically following a series of squeezed candles around that demand area. Thereafter, price proceeded in excellent bullish candles into the area of $0.75. But previous efforts in this region were rebuffed earlier to the recent breakout.

$PIPPIN Enters Price Discovery 🚀

PIPPIN has broken above the $0.74–$0.76 resistance zone and is attempting to flip it into support.

With strong 12H momentum, price is now in discovery mode.

Do you think it can break above $1.00 soon? 🤔 pic.twitter.com/w3odr8XWXk

— CryptoPulse (@CryptoPulse_CRU) February 25, 2026

This time round, price had closed above the band at $0.74-$0.76 and changed the market structure. Consequently, traders are now recovering whether that zone turns into short-term assistance. The breakout leg increased momentum due to the bigger bodies of candles and a higher high. However, the present drawback of the pullback is consolidation, not continuity.

Key Levels Within the 24H Range

Immediate resistance stands at $0.8472, marking the recent intraday ceiling. Notably, price wicked near that level before retreating toward $0.78. On the downside, $0.6715 defines the lower boundary of the 24-hour range. That level also aligns beneath the prior breakout zone, increasing its technical importance. Therefore, price action between $0.74 and $0.8472 remains critical today. Volume activity on the chart shows expansion during upward impulses. However, shorter candles near resistance suggest temporary hesitation.

Intraday Scenarios and Price Outlook

In case buyers successfully defend against $0.74, price can revisit $0.8472 today. Any aggressive action beyond that line might provide a way through to the psychological $1.00 level. On the other hand, failure to maintain at $0.74 can revert to concentration at $0.6715. A break below that floor would place the asset near the lower 24-hour range. For now, price discovery attempts continue above the former resistance band.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

AI Cryptocurrency Bittensor TAO Leads the List of Trending Tokens

Bittensor (TAO) is currently the top trending cryptocurrency, gaining 14.21% in 24 hours, while ZBCN and PHA follow. TAO is expected to face a brief correction, highlighting the volatile nature of crypto markets.

TheNewsCrypto1h ago

Ethereum Near Bottom? Tom Lee Signals Market Turnaround

Tom Lee believes Ethereum has reached a bottom, citing historical correlations and a significant discount to realized price, despite skepticism from some users. Ethereum's current price is down over 50% from its 52-week high, with potential for recovery.

TheNewsCrypto1h ago

Dogecoin Buzz Returns as Elon Musk Revives Dogefather Meme

Despite renewed enthusiasm from Elon Musk's revived "Dogefather" meme, Dogecoin's price remains flat, showing no immediate reaction in the market. Historically, Musk's posts have driven price increases, but current engagement hasn't sparked similar movements.

TheNewsCrypto3h ago

Dogecoin Price Rises Then Falls: Breakthrough or False Signal?

Dogecoin (DOGE) recently surpassed 0.10 USD, raising hopes for a new growth cycle, with projections reaching 2 USD. However, experts caution that the current gains may be temporary, and the market shows signs of weakness amid overall memecoin declines.

TapChiBitcoin3h ago

Bitcoin Rebounds Without Increase in Open Interest, May Still Be Range-Bound

On March 19, when Bitcoin's price declined, open interest (OI) rose instead, showing that short positions increased, with price touching around $68,750. The current rebound lacks new long position support and appears more like range-bound consolidation. Attention should be paid to changes in price and OI.

GateNews4h ago
Comment
0/400
No comments