PIPPIN has emerged as one of the strongest performers in the AI Agent token market, surging in the past few days.
The token has gained attention due to its impressive rally, and investors are now wondering whether PIPPIN can further extend this momentum.
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PIPPIN investors are showing skepticism
Chaikin Money Flow (CMF) shows that PIPPIN has recently enjoyed significant capital inflows. This indicates increased confidence and the entry of capital into the market.
However, this indicator is currently trending flat, indicating a slowdown in inflows. The decline in new capital could limit PIPPIN’s ability to sustain gains, making it more difficult to rise.
This change suggests that investors are becoming more cautious. Without consistent inflow support, PIPPIN may struggle to maintain its current momentum.
The AI Agent token is highly reliant on sentiment-driven rallies, and a decline in CMF strength could prevent further gains in the token in the short term.
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The broader outlook is complicated by funding rates, which are showing a very bearish structure. A negative funding rate means that most traders are opening short positions in anticipation of a decline in PIPPIN. This widespread bearish positioning reflects low confidence among derivatives traders.
This sentiment can weigh on price trends, as short selling often accelerates downward pressure. Unless market conditions reverse, this pessimistic stance could be a major stumbling block for PIPPIN and thwart its attempts at long-term upside.
PIPPIN price has some barriers to break through
PIPPIN is trading at $0.263, slightly above the support level at $0.255. The AI Agent token is still up nearly 42% today, and was also briefly noted to have risen 84% during the day, reflecting strong volatility. However, to break even higher requires strong belief from investors.
To reach $0.500, the stock would need to rise nearly 90% from current levels. This goal may be difficult given slowing capital inflows and negative funding rates. Rather, PIPPIN is likely to remain near the $0.193 support and could fall towards $0.136 if holders start taking profits.
However, if bullish sentiment returns and new capital flows into the market, Pippin could break through the resistance levels at $0.330 and $0.403. A break above these barriers will pave the way for $0.500 and invalidate the bearish outlook.
