🚀 Price Predictions for Pump.fun (PUMP) on August 24, 2025
$PUMP
The price of PUMP is currently at $0.00321, below a descending resistance line that has persisted since mid-July. Over the past two weeks, a symmetrical triangle has formed, reflecting a strong state of anticipation, with rising bottoms keeping the price near $0.00280 and descending tops pressing it below $0.00350. This pattern suggests that the market is poised for a sharp movement as the triangle nears completion.
📊 Technical Indicators:
The Relative Strength Index (RSI) is at 55 → Moderate buying pressure after recovering from oversold conditions.
The Supertrend indicator gave a bullish signal at $0.00306.
Bollinger Bands have narrowed between $0.00272 and $0.00329 → An imminent price explosion.
The 200-day Exponential Moving Average (EMA200) at $0.00337 is considered a critical barrier to confirm any bullish trend.
On-chain flow data indicates an outflow of -347.9 thousand dollars → Clear caution among individual traders.
🔹 Important Resistances: $0.00335 – $0.00380
🔹 Strong Supports: $0.00305 – $0.00285
📈 Bullish Scenario: A breakout above $0.00335 could pave the way towards $0.00355 and then $0.00380, attracting new buyers.
📉 Bearish Scenario: A break below $0.00305 could push the price to retest $0.00285 and possibly drop further to $0.00265.
⚡️ Conclusion: PUMP is on the brink of a strong move. Success in surpassing $0.00335 may confirm the beginning of a bullish wave, while failure to do so may bring it back to test critical support levels.