Pippin (PIPPINUSDT) Price Indicates a Fundamental Increase

Pippin (PIPPINUSDT) Price Forecast: December 17

The PIPPINUSD pair today indicates a fundamental increase. In the past few days, the bulls have been in control, driving the price upwards to the upper resistance levels. With the current positive market sentiment, the crypto has the potential to continue its upbeat trend and attract more investors. Therefore, if the coin price can sustain above the current resistance value at $0.503 and hold, the price may trigger up to the overhead resistance mark at the $0.550 level, thus a clear buy signal.

Key Levels:
Resistance Levels: $0.502, $0.503, $0.504
Support Levels:    $0.147, $0.146, $0.145

PIPPIN (USDT) Long-term Trend: Bullish (4H Chart)

On the higher time frame, the Pippin price indicates a fundamental increase above the moving average line following the recent market surge. This is due to significant impact of buy investors on the crypto.
The bulls’ sustained rally at the $0.0000149 high level during yesterday’s session has enabled the coin price to maintain its growth above the supply levels in recent times.

The bulls’ control over the market is affirmed by today’s 4-hourly candle at the $0.503 barrier above the EMA-50. This breakdown may increase the positive momentum and take the current correction to new heights.

The coin price is edging closer to the overhead; therefore, sustainability above the current high level would render any intended bearish move invalid.

Additionally, the PIPPINUSDT price may continue to show a fundamental increase and attract more investors as indicated by the daily stochastic, pointing up.

In this instance, the bulls could therefore aim at the psychological level of $0.550 value as the bullish voyage continues in its long-term perspective.

PIPPIN (USDT) Medium-term Trend: Bullish (1H Chart)

The Pippin price also shows a fundamental increase above the supply trend levels facing the overhead resistance in its medium-term outlook.
The successful breakout by the bulls to the $0.409 supply value in the last session has enabled the token price to remains strong above the supply levels in recent times.

Today, as the 1-hourly chart starts, the bulls show a fundamental increase in price and move higher, reaching the high value of $0.503 above the EMA-50, suggesting being on the rise.

Thus, a potential breakout from the current resistance will give additional confirmation for a bullish recovery, if the bulls can increase their efforts in the market.

Similarly, the PIPPINUSDT price has shown a steady ascending trend recently, following a broader market recovery.

Therefore, if the bulls add more pressure to their buying motives, the crypto price might swing towards the upper resistance level of $0.550 and above, indicating high conviction from buyers.

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