$PIPPIN This pump is quite strong, but the current position is a bit dangerous.
First, let's look at the price: it is currently listed at 0.14442, with a highest spike of 0.15696 and a lowest drop to 0.10337 in the past 24 hours. This fluctuation is significant, with over 50% volatility within a day, it’s all about the thrill.
Several signals need to be noted from a technical perspective: the MA144 moving average is currently at 0.02453, and the price has significantly diverged from the moving average system, which is often unsustainable. Looking at the MACD, the value is 0.01169, and the DEA is 0.01193, indicating that momentum is clearly converging. In this case, the probability of a pullback is increasing.
The trading data is even more exaggerated—24-hour trading volume of 13.779 billion PIPPIN, with a transaction amount exceeding 1.826 billion USDT. The popularity is indeed high, but the problem is that this level of turnover usually indicates an increase in long-short divergence, and subsequent fluctuations will only be more intense.
If you are on the sidelines, you can keep an eye on the range of 0.145 to 0.150. If the price cannot stabilize, a short opportunity will arise, with an initial target around 0.12, and in extreme cases, it may pull back to the 0.10 area.
But remember three principles: don't chase high prices, don't go all in, and don't hold on to floating losses.
Lastly, I would like to say: this is just an analysis from a data perspective, not a signal for buying. Small funds should test the waters, and stop losses must be set properly, as the market changes faster than flipping a book.
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GasFeeBarbecue
· 16h ago
Ha, it's another blood-sucking trend like this, it makes me tired just watching
The 50% volatility of PIPPIN is really ridiculous, screaming yesterday and now crying for help today, my fren who went in with a Full Position probably has shaky hands by now
As for the deviation of MA144 from the price, to put it bluntly, it's bound to get dumped sooner or later, the technical indicators spell it out clearly.
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WhaleSurfer
· 17h ago
Damn, I didn't escape at 0.15, and now I see it plummet. This is my daily life.
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YieldWhisperer
· 17h ago
Isn't it reckless to chase when it's already at 0.15? The moving averages have already diverged by ten streets.
What's the point of a 50% amplitude in a day? I just want to know who dares to go all in at this price level.
A trading volume of 13.7 billion indicates that the chips are changing hands wildly; who knows which way it will go in the next second.
If it can't hold at 0.145, just short it; a target of 0.12 is guaranteed.
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SatoshiChallenger
· 17h ago
It's the same old trick again, with data so beautiful that it fluctuates 50% in a day, and they still dare to talk about technical analysis?
I bet five bucks that in two days someone will come to hype this as a "Promising Crypto".
$PIPPIN This pump is quite strong, but the current position is a bit dangerous.
First, let's look at the price: it is currently listed at 0.14442, with a highest spike of 0.15696 and a lowest drop to 0.10337 in the past 24 hours. This fluctuation is significant, with over 50% volatility within a day, it’s all about the thrill.
Several signals need to be noted from a technical perspective: the MA144 moving average is currently at 0.02453, and the price has significantly diverged from the moving average system, which is often unsustainable. Looking at the MACD, the value is 0.01169, and the DEA is 0.01193, indicating that momentum is clearly converging. In this case, the probability of a pullback is increasing.
The trading data is even more exaggerated—24-hour trading volume of 13.779 billion PIPPIN, with a transaction amount exceeding 1.826 billion USDT. The popularity is indeed high, but the problem is that this level of turnover usually indicates an increase in long-short divergence, and subsequent fluctuations will only be more intense.
If you are on the sidelines, you can keep an eye on the range of 0.145 to 0.150. If the price cannot stabilize, a short opportunity will arise, with an initial target around 0.12, and in extreme cases, it may pull back to the 0.10 area.
But remember three principles: don't chase high prices, don't go all in, and don't hold on to floating losses.
Lastly, I would like to say: this is just an analysis from a data perspective, not a signal for buying. Small funds should test the waters, and stop losses must be set properly, as the market changes faster than flipping a book.