Crypto Gloom

Can $PUMP hold key support and head higher?

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Pump.fun is on the radar of investors after a strong rally, raising questions about whether the token will set new records or face a sharp decline.

This surge has made Pump.fun the market’s best performer as capital circulates into altcoins and Bitcoin consolidates close to key psychological levels.

A recent discussion on the 99Bitcoins YouTube channel highlighted a potential structural shift in price action that could set the stage for Pump.fun’s next major move.

PUMP price analysis and price prediction

According to CryptoPatel’s technical analysis, Pump.fun has completed a long-term descending wedge and is currently trading within its high time frame (HTF) accumulation zone. This structure often signals a potential macro trend reversal as the market consolidates ahead of a larger move.

On the chart, $PUMP is showing an inverted head and shoulders pattern forming near a key neckline, a classic bullish setup that often precedes upward momentum.

CryptoPatel $PUMP price chartCryptoPatel $PUMP price chart

If the current support zone between $0.0022 and $0.0025 continues to hold, the token could see strong upside potential. The stretch target range identified by CryptoPatel is $0.00504 to $0.00867, then $0.01500, and eventually above $0.02297 if the pattern is fully executed.

However, if the price closes below $0.00168 on higher time frames, the structure will be considered invalid and may incur downside risk. Continued acceptance above accumulation areas is important to confirm the continuation of a potential reversal and maximize high risk-reward setups.

Trading frenzy and ecosystem growth fuel $PUMP rally.

Pump.fun’s resurgence isn’t just technical. Ecosystem activity surged, with daily revenue exceeding $2.3 million for several days, with combined transaction and launch fees exceeding $5.4 million.

The platform has benefited from the explosive rise of some of the best meme coins, including the recently launched meme coin $PENGUIN. This meme coin reached a market capitalization of nearly $100 million in less than two weeks. BingX’s recent listing further amplifies liquidity and visibility, attracting new users to the Pump.fun ecosystem.

Nietzsche Penguin TokenNietzsche Penguin Token

This growth has also fueled new social engagement as trading activity and community discussions have grown in popularity across major cryptocurrency platforms. Historically, during periods of improving risk appetite, the assets that attract attention are often more liquid, which can further support price movements.

With Ethereum trading above $3,000 while Bitcoin remains range-bound, capital has flowed into altcoins like Pump.fun, especially those associated with meme coin activity.

New Project on the Radar: Bitcoin Hyper

Investors are also watching emerging projects gain attention as interest in Bitcoin Hyper expands the market rotation.

Bitcoin Hyper is a Bitcoin Layer 2 sidechain designed to combine the security of Bitcoin with the speed and flexibility of modern smart contract platforms, making it one of the best cryptocurrency pre-sale opportunities for investors seeking early-stage exposure.

The project aims to support an expanded Bitcoin ecosystem capable of near-instant transactions, improved scalability, and support for DeFi, gaming, NFTs, and other web3 applications.

Pre-sales have raised more than $31 million, with strong demand likely to result in an early closing. This will later be followed by a token generation event (TGE) with initial listings on decentralized exchanges such as Uniswap and centralized platforms.

Bitcoin Hyper’s mainnet will be launched ahead of TGE and will feature a live layer 2, native Bitcoin bridge, and Solana Virtual Machine (SVM) integration. It allows developers to deploy and run smart contracts and provides a practical demonstration of a Bitcoin-based web3 infrastructure.

Pre-sale tokens can be claimed from TGE using the same wallet, standard tokens are immediately tradable and staked tokens are subject to a 7-day waiting period. Additionally, the DAO framework plans to provide governance rights to token holders.

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