Pippin (PIPPINUSDT) Reclaims another Bullish Cycle
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Pippin (PIPPINUSDT) Reclaims another Bullish Cycle

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Azeez Mustapha

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Pippin (PIPPINUSDT) Price Forecast: January 10

The PIPPINUSDT pair reclaims another bullish cycle today, sending a clear buy signal at $0.415 after completing the low dips at $0.342, suggesting that investors remain optimistic about the asset. However, if the trend continues in the same direction, the bulls’ pressure may break up at the $0.540 level and push the crypto price to an upper resistance level of $0.720, resulting in an intraday gain for coin buyers.

Key Levels:
Resistance Levels: $0.501, $0.502, $0.503
Support Levels:    $0.365, $0.364, $0.363

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

The Pippin market value has risen again, and the price is trending long and remains bullish in its higher time frame, due to high interest from buy traders.
Pippin (PIPPINUSDT) Reclaims another Bullish Cycle The price responded to the shift in the market structure and is currently above the moving averages, suggesting a bullish trend.

The sustained bullish pressure at $0.396 in the last action has enabled the crypto price to maintain an upward growth lately.

Today, the buy investors made a rally to a $0.415 resistance level above the EMA-50, implying an uptrend and bullish impact on the coin. Thus, more upsides are possible as buyers are seen clustered around the market.

The PIPPINUSDT price is likely to continue moving upwards as we are seeing a strong turnout of buyers. Hence, a $0.520 prior peak resistance level might be touched.

Additionally, the daily stochastic going up suggests that the Pippin price may continue to be a buy trade setup.

Given this, the token price may rise to the upper resistance trend level of $0.720, providing coin buyers with great access to enter the market in the long run.

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

The market value of PIPPINUSDT on the lower time frame (1-hour) has also claimed another bullish cycle, as the coin price remains above the exponential moving averages.
Pippin (PIPPINUSDT) Reclaims another Bullish Cycle The successful breakout by the bulls to the $0.324 supply value during the previous session has enabled the market to retain its bullish strength.

The Pippin bulls made a correction at the $0.415 supply value above the EMA-50 as the 1-hourly chart resumes today, offering a vibrant resistance to the crypto price.

Buyers clustering around the market indicate that Pippin’s price is going long and will surge further.

Hence, a possible breakout from the current retracement may boost the buying momentum and drive the token price to a prior peak barrier of $0.541, indicating high conviction from buyers.

Additionally, there is a possibility of a bullish breakout if the bulls increase their tension in the market as the daily stochastic signal points in an upward direction.

As a result, the next target could be the $0.720 upper resistance mark in the short-term perspective.

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