Attention, lovely people! Get ready for a dose of adrenaline, because it looks like the Pump.fun cryptocurrency (PUMP) is about to make a leap that will leave us all speechless. After an interesting rebound, PUMP is making a move that could lead to a 50% increase! Yes, you read that right, fifty percent!
What's going on exactly? Well, look, several gossipers (I mean, data analysts!) are whispering in our ear that the internal metrics, the movements of the whales (those giant investors who move the market) and the signals from the charts are aligning like planets for a big explosion. 💥
According to experts looking at Fibonacci charts (a tool that traders use to predict price movements), PUMP could reach $0.009975. Imagine, if it's currently hovering around $0.0065, that's a considerable jump! If they manage to break the barrier of $0.0076, the road to $0.0085 and then to almost $0.01 opens wide. It would be like watching a rocket take off! 🚀
But beware, not everything is rosy. If PUMP fails to surpass that resistance of $0.0076 and falls below $0.0062, things could get ugly and the rise could stop. So, stay alert. 👀
And here comes the juiciest part: the Pump.fun Treasury wallets are unstoppable!
It is said that in just 8 hours, they spent over 19 million dollars buying PUMP. Almost nothing! 🤑 And they still have over 11 million dollars ready to keep buying.
This is like the company itself is betting heavily on its own coin, which reduces the amount of coins in circulation and boom!, the price goes up. It's the law of supply and demand in action.
Even a whale that had made a 68% profit sold its PUMP,
but the price didn't budge. This tells us that there is so much demand and the Treasury purchases are so strong that they are absorbing any sales. It's as if they have an anti-drop shield! 🛡️
So, with Fibonacci's eyes pointing high, the Treasury wallets making massive purchases, and the whales not causing major disruptions, PUMP seems ready for an exciting new chapter. Will we see that 50% increase? Only time will tell! Get ready because this is getting interesting. Let's keep track! 🧐$PUMP
