{"id":308266,"date":"2025-08-01T03:53:11","date_gmt":"2025-08-01T03:53:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/308266\/"},"modified":"2025-08-01T03:53:11","modified_gmt":"2025-08-01T03:53:11","slug":"pump-fun-token-another-20-surge-to-follow-its-30-rally-assessing","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/308266\/","title":{"rendered":"Pump.fun token – Another 20% surge to follow its 30% rally? Assessing…"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways<\/p>\n

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%.<\/p>\n

The 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

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

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, Ethereum [ETH]<\/a> also jumped higher by 1.47% after retesting the $3.7K local support.<\/p>\n

The bullish performance of Bitcoin<\/a> and the leading altcoin<\/a>, and their positive short-term expectations, might help set up PUMP for a nearly 20% rally next.<\/p>\n

Should you buy PUMP now?<\/strong>
\n\"PUMP<\/a><\/p>\n

Source: PUMP\/USDT on TradingView<\/p>\n

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

At the time of writing, a retest of the $0.003 demand zone appeared to be in the making.<\/p>\n

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

The technical indicators were sound. The OBV has made a higher high, and the RSI underlined strong bullish momentum.<\/p>\n

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

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer\u2019s opinion<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Will SHIB reach half a cent?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways The bullish performance of BTC and ETH over the past 24 hours aided market-wide sentiment. PUMP…\n","protected":false},"author":2,"featured_media":308267,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-308266","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114951488051179048","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/308266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=308266"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/308266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/308267"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=308266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=308266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=308266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}