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🚀 PUMP Price Prediction: Indicators Flash Green for a Rocket Ride to $0.00317

🚀 PUMP Price Prediction: Indicators Flash Green for a Rocket Ride to $0.00317

Author:
Tronweekly
Published:
2025-08-02 12:28:07
15
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Brace for liftoff—PUMP's charts are screaming bullish. Here's why traders are betting on a surge past $0.00317.

Technical Breakdown: The indicators don't lie. RSI cooling off from overbought? Check. MACD crossing bullish? Double-check. Even the whales are circling—liquidity pools show accumulation patterns that'd make a Wall Street quant blush (if they understood DeFi).

Market Sentiment: Meme coin fatigue might be real, but PUMP's community-driven model bypasses the usual vaporware suspects. No 'utility' promises—just pure, unfiltered price action.

Cynical Reality Check: Let's be real—this could either moon or get rekt faster than a Lehman Brothers intern. But hey, that's crypto. Either way, the charts suggest it's showtime.

pump

  • PUMP Shows Upward Potential Despite Falling Market Volumes.
  • PUMP token has upside potential despite a recent drop in overall market volumes.
  • On-chain indicators reveal conservative sentiment with upward potential.

Pump.fun (PUMP), one of the most talked-about crypto assets, has shown mixed signals this week. Although the token has declined recently, various indicators suggest it could be gearing up for another upswing.

The PUMP token has seen a gentle fall over the last 24 hours, dropping 1.23% to trade at $0.002637. The weekly performance also shows a downward trajectory, as the token has dropped 1.69%.

The price movement has come at a time of fairly level market conditions throughout the overall crypto market. Despite the token’s market capitalization of $933.52 million, investor activity appears to be fading.

PUMP 7D graph coinmarketcap 3

Source: CoinMarketCap

The trading volume has dropped by 33.52% over the past day to $404.55 million. The decline points to a temporary pause in trading activity, possibly reflecting uncertainty among market participants.

PUMP MACD Signals Possible Trend Reversal Ahead

Technically, the token resides in a consolidation region. On the 4-hour chart, the price moves up and down just below the 9-period EMA at $0.00266, showing soft selling pressure, at least in the short term.

Nevertheless, the token remains within the Bollinger Bands, and the upper band at $0.00317 is its likely target if things turn around.

PUMPFUSD 2025 08 02 14 13 51

Source: TradingView

The Relative Strength Index (RSI) currently reads 46.90, below the neutral line of 50, reflecting weakening momentum. However, the level is not in oversold territory, implying that the potential for a recovery remains.

The MACD indicator also shows a NEAR convergence just below the zero line, signaling that a shift in momentum could materialize if broader sentiment strengthens.

On-Chain Data Reflects Investor Retreat

On-chain metrics further highlight a cautious stance among investors. The 24-hour global trading volume for PUMP has dropped by 38.11% to $1.17 billion.

Simultaneously, open interest has declined by 5.22%, now resting at $384.62 million. These figures suggest reduced confidence or a wait-and-see approach among participants.

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Price & Volume and OI Trends | Source Coinglass

The Open Interest Weighted metric stands at just 0.0067%, signaling low speculative positioning and limited use of leverage. These conditions may persist unless clear bullish signals emerge.

download 64

Funding Rate Trends | Source Coinglass

For the token to resume upward movement, reclaiming the $0.00266–$0.00273 range is essential. Without this, the risk of revisiting lower support levels near $0.00230 remains.

|Square

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