The price of PIPPIN has surged sharply, becoming one of the top crypto gainers with a rally of approximately 20% to trade just below the $0.60 level. This move follows a period of choppy consolidation, with bulls re-entering the market forcefully and pushing the token into a critical technical decision zone.
Crypto analyst Crypto_Jobs TA & FA provided a detailed technical breakdown on X, highlighting both the bullish structure and the significant resistance overhead. On the daily chart, PIPPIN has reclaimed momentum after bouncing from the $0.46–$0.47 support region, which remains a key invalidation zone for the bullish thesis. The broader daily structure is described as solid, with higher lows forming after a recent dip and price holding above the $0.0465 level on a daily closing basis.
However, the token is now approaching a major resistance cluster between $0.0595 and $0.0605. This zone represents the 50% Fibonacci retracement level and has acted as a ceiling previously, with multiple rejections visible on the chart. The daily Tenkan-sen line from the Ichimoku indicator also sits near $0.0605. A clean daily close above $0.0600 is seen as critical; such a breakout could trigger a move of 20% or more toward the $0.0700 area and beyond, with subsequent targets at $0.0703 and $0.0753.
The 4-hour chart shows PIPPIN breaking out from a tight consolidation range between $0.49 and $0.52, fueling the latest push higher. The analyst projects a potential path where a breakout is followed by a retest of the $0.60 area as support before continuation toward $0.70 and above.
The risk scenario involves a rejection at the $0.0600 resistance. If the price fails to break through and closes back below this level, it could trigger another sell-off. A breakdown below the major daily support at $0.0465 would damage the current bullish structure and potentially lead to deeper downside.
Concurrently, another analysis notes PIPPIN's explosive move on the daily timeframe, with gains exceeding 25% and the token trading around $0.616. The Relative Strength Index (RSI) is holding above 60, signaling strengthening momentum. The $0.65–$0.70 supply region is identified as the next critical resistance. A sustained breakout above $0.70 would shift the broader structure firmly bullish.
The analysis includes a long-term price forecast table, projecting potential growth from an average price of $0.65 in 2026 to $2.50 by 2030, representing a potential ROI of over 400% from the current ~$0.61 level.
