PIPPIN was unable to maintain its recent breakout and entered an unstable phase. Altcoins rose sharply, but have since fallen, leaving many recent buyers with losses.
Price action now threatens to invalidate the predicted 221% breakout from an expanding descending wedge pattern.
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PIPPIN Holder Run to Buy
Exchange balance data reveals significant accumulation following recent all-time highs. Since the peak three days ago, investors have purchased approximately 16.6 million PIPPIN. At current valuations, this equates to approximately $7.7 million in purchasing activity.
This accumulation pattern is not new. Historical data shows that PIPPIN holders often buy aggressively near peaks. When prices fall, panic selling often occurs. Similar behavior appeared during the late January spike and October 2025 spike.
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These cycles tend to slow sustained recovery. Early buyers accumulate at high levels and then exit during the rebound. If prices fall further, selling pressure may increase again. This pattern increases the likelihood of renewed volatility in the short term.
Momentum indicators indicate caution. The Money Flow Index is currently above 80.0 and PIPPIN is in overbought territory. Rising numbers often precede a cooling phase as capital inflows slow.
Risk increases when the market as a whole is indecisive. Without strong directional cues from major cryptocurrencies, speculative altcoins often struggle to sustain gains. However, unless holders begin aggressive distributions, a full reversal may remain delayed rather than immediate.
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Will LTH be Pippin’s savior?
The HODLer Net Position Change indicator provides different perspectives. Long-term holders continue to accumulate, as indicated by the persistent green bar. Although the slope has weakened, net buying continues.
This continued support is extremely important. If long-term holders of PIPPIN shift to distribution, the downside risk will increase rapidly. A shift from accumulation to sell could accelerate losses and confirm bearish control over the trend.
Pippin price faces collapse
PIPPIN previously broke out from an expanding descending wedge pattern. This formation predicted a 221% upside potential. However, current price action suggests that there is a risk that the breakout will be invalidated if the support level fails.
PIPPIN could rebound from the $0.449 support zone if the token stabilizes with long-term holder support. If the rally continues, the price could head towards $0.600. If the follow-through is strong, it could retest the all-time high of $0.772 and reverse recent losses.
On the other hand, downside risk remains large. Many investors who bought at record highs are now facing losses of around 40%. If panic selling resumes, PIPPIN could fall below $0.449. A decline to $0.372 would invalidate the bullish pattern and confirm the collapse scenario.
