PUMP surges by 475.04% over the past 24 hours as bullish sentiment drives momentum
- PUMP surged 475.04% in 24 hours to $0.007828, with 7,387.83% gains over 7 days, 1 month, and 1 year. - Price spikes driven by liquidity influx and retail investor enthusiasm, despite no official news or upgrades. - Technical indicators show bullish momentum, with EMAs converging and RSI/MACD signaling strong upward bias. - Analysts highlight $0.0085 as next resistance level, with potential for institutional interest if broken.
On September 14, 2025, PUMP experienced an extraordinary 24-hour surge of 475.04%, reaching a price of $0.007828. This remarkable performance extended over the week with a 7387.83% increase, the same percentage rise over the past month and year. Such a consistent upward trend has captured the attention of traders, who are closely watching to see if this speculative momentum can be sustained.
The sharp rally is largely the result of increased liquidity and heightened enthusiasm from the community, with many retail traders getting involved. Despite the absence of any significant news or fundamental developments, the asset’s price action indicates a notable shift in market sentiment. Broader on-chain activity and a growing number of new participants joining the market seem to be fueling the movement, suggesting that speculation rather than intrinsic value is driving PUMP’s recent growth.
Technical analysis further supports the bullish outlook. On the 1-hour timeframe, PUMP has surpassed important resistance points, and both the 20- and 50-period exponential moving averages (EMAs) are trending sharply upwards. The Relative Strength Index (RSI) has moved into the overbought range, hinting at a possible short-term correction but also highlighting the strength behind the rally. Meanwhile, the Moving Average Convergence Divergence (MACD) remains above the signal line and the histogram continues to expand, reinforcing the strong upward momentum.
The price has firmly closed above significant psychological barriers, establishing a distinct pattern of higher highs and higher lows throughout the past week. This formation points to strong buying interest, with little evidence of an imminent downturn. Market analysts believe the next resistance is just above $0.0085, and surpassing this level may attract even more institutional traders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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