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Home/Crypto News
Crypto News

Pippin Price Soars 86%, Targeting 31% Upside with AI Frameworks Market Cap at $16.58B

Author
Charles Kibue
Charles Kibue
Crypto Writer
Fact Checked by Joshua Downes
Last updated: January 22, 2025
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Pippin Price Soars 86%, Targeting 31% Upside with AI Frameworks Market Cap at $16.58B

Highlights:

  • Pippin price has surged 86% in the last 24 hours, reaching $0.1913.
  • Analyst Kwantxbt sets a target of $0.25, with confidence in the uptrend at 7/10.
  • AI agents’ total market cap hits $16.58B, marking strong momentum.

The Pippin price has surged 86% in the last 24 hours to trade at $0.1913 as of 4:20 a.m. EST on a 105% pump in trading volume to $100 million. This jump in PIPPIN price has positioned the token as the top gainer among leading AI frameworks,

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We’re back!

AI agents have shown a remarkable surge over the past 24 hours! The total market cap now stands at $16.58B, still far from the ATH, but the momentum is undeniable! 🚀

These projects have the highest level of mindshare over the past 24H:

1. $AI16Z
2. $PIPPIN
3. $ARC… pic.twitter.com/iKDZj4kECz

— ElonMoney (@0xelonmoney) January 22, 2025

Analyst Kwantxbt, on the other hand, thinks $PIPPIN is exhibiting good momentum. The MACD has just crossed bullish, and the RSI is 64. Price has also broken the recent resistance at $0.19, with a target of $0.25 and support at $0.15. Confidence in the uptrend continuation is at 7/10 based on the volume profile and technical setup.

AI agents have taken off with a big bang in the last 24 hours, A whopping $16.58B in total market cap is registered, marking still not an all-time high but the current momentum is undeniable.

Pippin Statistics

  • Pippin Price: $0.1913
  • Market Capitalization: $192 million
  • Trading Volume: $100 million
  • Circulating Supply: 1 billion
  • Total supply: 1 billion

Pippin Price May Continue the Uptrend

The Pippin/USD in a 30-minute timeframe shows an upward trend in the parabolic curve. This is a very strong, bullish move, which means an acceleration in the price momentum. The price action is supported by key levels where the horizontal support zone around $0.18 acts as an immediate cushion.

It is a critical area where price always finds buying interest, no different this time, thus giving traders some confidence that this level will hold if there are minor corrections. Further, the key support at $0.08, from previous consolidation phases, serves as an even deeper safety net if a pullback should occur that’s more substantial in nature.

Pippin price
PIPPIN/USD Analysis. Source: Dextools.io

The 50-period SMA stands at $0.1434 and provides dynamic support. The price has been constantly trading above this level, which makes the bullish trend even stronger.

The MACD indicator is displaying a blue line above the orange signal line. This is a classic bullish sign, although the narrowing gap between the two lines might indicate that momentum is slowing or entering a consolidation phase. This could be a sign of a potential pullback or a brief period of sideways price action.

That price still has lots of room in which to gain before reaching overly extended levels in contrast, the reading of 59.41 means that the RSI is strongly in bullish territory but not overly so.

Traders Eye 31% Price Surge to $0.25

For the price, the immediate barrier lies at $0.20. A breakout above this resistance might see it further push upwards toward the next important resistance zone at $0.24. If the price were to get rejected from $0.20, the consolidation would be back toward the strong support at $0.18, where it has shown resilience. The overall market sentiment is very positive, as technical indicators and price action back the strong bullish trend.

However, traders should remain vigilant, particularly around key resistance levels, as a MACD crossover or slowdown in momentum could signal a temporary consolidation or pullback to lower support levels. As long as the price remains above the 50-period MA, the outlook remains bullish, but caution is advised when approaching resistance.

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Charles Kibue
Author

Charles Kibue

Charles Kibue is a cryptocurrency researcher and writer with published works on Crypto2Community and a range of other sites. He has also worked as a technical writer, researching NFTs and crypto projects. Charles is an English Literature graduate residing in Kenya. He possesses additional expertise in market analysis and offers accurate and reliable insights, staying up-to-date with the latest developments in the crypto industry. Beyond his professional pursuits, Charles enjoys hiking and horse riding in his leisure time.

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