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PIPPIN Coin Surges 400%, Analyst Predicts Further Price Increase
PIPPIN, a meme coin, has experienced a notable increase in value, rising over 50% and doubling its worth within days despite a bearish crypto market trend.
The Breakout
- Analyst Edoardo Telve identified a significant breakout after a seven-month accumulation period since March.
- This breakout led to PIPPIN overcoming multiple resistance levels, marking the strongest bullish shift this year.
- Key support levels are noted at $0.02, $0.03, and $0.05, maintaining upward momentum as long as prices stay above these points.

Future Prospects
- PIPPIN's price surged over 400% in the past week, reaching above $0.19 during a Sunday rally.
- Rising volume and strong candles suggest buyer-driven growth rather than a liquidity grab.
- The target price is set between $0.3-$0.32, a historical supply zone where sell-offs might begin.
