{"id":515416,"date":"2025-08-01T08:30:34","date_gmt":"2025-08-01T03:00:34","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=515416"},"modified":"2025-07-31T15:17:11","modified_gmt":"2025-07-31T09:47:11","slug":"pump-fun-token-another-20-surge-to-follow-its-30-rally-assessing","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/pump-fun-token-another-20-surge-to-follow-its-30-rally-assessing\/","title":{"rendered":"Pump.fun token &#8211; Another 20% surge to follow its 30% rally? Assessing&#8230;"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<p><em>The bullish performance of BTC and ETH over the past 24 hours aided market-wide sentiment. PUMP also saw a breakout past the key short-term resistance at $0.003, and has a chance of rallying a further 20%.<\/em><\/p>\n<hr \/>\n<p>The <a href=\"https:\/\/ambcrypto.com\/category\/memecoins\" target=\"_blank\" rel=\"noopener\">Pump.fun [PUMP]<\/a> token saw massive losses days after reaching a high of $0.00689 on the 15th of July. Its drawdown measured 66.58% over the next ten days, which saw the meme coin launchpad token fall to $0.0023.<\/p>\n<p>After this drop, a week of consolidation was seen. The price action on the lower timeframes showed neutral momentum and a lack of strong accumulation from buyers. Despite this, a range breakout past the $0.003 high was seen on the 31st of July.<\/p>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Bitcoin [BTC]<\/a> was pushing higher from the $116.7K support level. It saw a dip to $115.8K on the 30th of July. Similarly, <a href=\"https:\/\/ambcrypto.com\/category\/ethereum-news\" target=\"_blank\" rel=\"noopener\">Ethereum [ETH]<\/a> also jumped higher by 1.47% after retesting the $3.7K local support.<\/p>\n<p>The bullish performance of <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and the leading <a href=\"https:\/\/ambcrypto.com\/category\/altcoins-news\" target=\"_blank\" rel=\"noopener\">altcoin<\/a>, and their positive short-term expectations, might help set up PUMP for a nearly 20% rally next.<\/p>\n<h2><strong>Should you buy PUMP now?<\/strong><\/h2>\n<figure id=\"attachment_515432\" aria-describedby=\"caption-attachment-515432\" style=\"width: 1940px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/PUMP-2-hour-Chart.png\"><img decoding=\"async\" class=\"size-full wp-image-515432\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/PUMP-2-hour-Chart.png\" alt=\"PUMP 2-hour Chart\" width=\"1940\" height=\"1010\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/PUMP-2-hour-Chart.png 1940w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/PUMP-2-hour-Chart-300x156.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/PUMP-2-hour-Chart-1024x533.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/PUMP-2-hour-Chart-768x400.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/PUMP-2-hour-Chart-1536x800.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/PUMP-2-hour-Chart-1200x625.png 1200w\" sizes=\"(max-width: 1940px) 100vw, 1940px\" \/><\/a><figcaption id=\"caption-attachment-515432\" class=\"wp-caption-text\">Source: PUMP\/USDT on TradingView<\/figcaption><\/figure>\n<p>On the 2-hour timeframe, PUMP has a bullish market structure. It formed a range between $0.00245 and $0.003 over the past week, but surged 30%, at press time, and\u00a0 broke out beyond the range high in the past 24 hours.<\/p>\n<p>At the time of writing, a retest of the $0.003 demand zone appeared to be in the making.<\/p>\n<p>Such a retest of the $0.0029-$0.003 region could offer a good buying opportunity for PUMP traders. Note that this trade would be based on the lower timeframe price action and not the fundamentals behind the Pump.fun token.<\/p>\n<p>The technical indicators were sound. The OBV has made a higher high, and the RSI underlined strong bullish momentum.<\/p>\n<p>The fair value gap at $0.0036 and the resistance level at $0.00378 were attractive PUMP price targets over the next few days.<\/p>\n<p><i>Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer\u2019s opinion<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The confluence of the fair value gap and resistance just beyond $0.0036 could attract PUMP prices higher.<\/p>\n","protected":false},"author":57,"featured_media":515444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,23,4,20],"tags":[6427],"class_list":["post-515416","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-no-home","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pump.fun token - Another 20% surge to follow its 30% rally? 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