- Momentum has cooled after rejection at $0.52, shifting PIPPIN from expansion into consolidation.
- Rising channel remains intact above $0.44–$0.45, but leverage-driven volatility adds downside risk.
- A breakout above $0.52 revives the uptrend, while a loss of $0.40 signals deeper correction.
PIPPIN price today trades near $0.48 heading into Jan 5 after a sharp rebound attempt stalled below the $0.52 resistance zone. The token remains volatile following its December surge, with buyers still defending higher lows but momentum cooling after a failed continuation attempt.
Daily Chart Shows Parabolic Move Cooling
On the daily chart, PIPPIN remains in a broader uptrend that began in early December, when price accelerated from the $0.10 area into a near-vertical rally. That move peaked close to $0.70 before sellers stepped in aggressively.
Since then, price has been compressing inside a narrowing structure, with lower highs forming beneath descending resistance and higher lows supported by rising short-term EMAs. The 20-day EMA near $0.40 has held as dynamic support, while the 50-day EMA around $0.30 remains well below price, confirming that the broader trend is still intact.
Bollinger Bands have begun to contract after a period of extreme expansion, signaling reduced volatility and a transition away from impulsive price action. This typically precedes a directional move, but not necessarily continuation.
Rising Channel Holds But Momentum Slows
Lower timeframes show PIPPIN trading inside a rising channel that has guided price higher since the December pullback. On the 30-minute chart, higher lows remain intact, but the recent rejection near $0.50 to $0.52 has shifted momentum from expansion to balance.
RSI has rolled over from overbought levels and is now hovering in the mid-50s, reflecting cooling demand rather than active distribution. MACD remains positive but has flattened, indicating that upside continuation now requires renewed participation rather than technical inertia.
As long as price holds above $0.44 to $0.45, the rising channel remains valid. A break below that zone would be the first clear signal that short-term control is shifting back to sellers.
Derivatives And Listings Add Fuel And Risk
PIPPIN’s recent listing on dYdX as an instant market introduced up to 5x leverage, which coincided with a spike in futures open interest. That has amplified both upside and downside moves, contributing to the sharp intraday swings seen over the past week.
Leverage-driven participation often sustains momentum temporarily, but it also increases liquidation risk when price stalls near resistance. The recent rejection near $0.52 aligns with that dynamic, as momentum traders took profit rather than pressing higher.
Despite the pullback, social activity and speculative interest remain elevated, suggesting that PIPPIN is still on traders’ radar rather than fading quietly.
Supply Concentration Remains A Structural Risk
One of the key overhangs remains supply distribution. On-chain data indicates that roughly 80% of PIPPIN’s supply is controlled by interconnected insider wallets, with coordinated clusters holding an estimated $380 million worth of tokens.
That concentration creates asymmetric risk. While it does not dictate immediate price direction, it increases the likelihood of sharp drawdowns if large holders decide to exit into strength. This dynamic helps explain why rallies have struggled to extend cleanly beyond resistance despite strong volume.
Price action reflects that tension. Buyers are willing to defend pullbacks, but they are cautious about chasing breakouts without confirmation.
Narrative Strength Versus Structural Fragility
PIPPIN’s narrative remains a key driver. The project’s identity as an autonomous AI agent created by Yohei Nakajima, known for BabyAGI, continues to attract attention. Planned 2026 initiatives, including multi-chain expansion, private agent execution, and incentive mechanisms, support longer-term interest.
However, narrative alone is no longer enough. The market is now demanding confirmation through structure and sustained demand, especially after a 23% decline over the past seven days despite recent intraday rebounds.
Outlook. Will PIPPIN Go Up?
PIPPIN is no longer in breakout mode. It is in a decision zone.
- Bullish case: A clean close above $0.52 with expanding volume confirms trend continuation and opens the door to a retest of the $0.60 to $0.70 zone.
- Bearish case: A loss of $0.40 breaks the rising structure and shifts momentum into a deeper corrective phase.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

