Pippin Price is 40% Below ATH – What This Means for 16.6 Million PIPPIN

PIPPIN has entered a volatile phase after failing to sustain its recent breakout. The altcoin rallied sharply but has since retraced and now trades about 40% below its $0.772 record high, leaving many recent buyers at a loss and threatening to invalidate a projected 221% breakout from a broadening descending wedge.

Exchange balance data shows investors accumulated roughly 16.6 million PIPPIN since the peak three days ago, amounting to about $7.7 million at current valuations. Historical behavior suggests holders often buy aggressively near peaks and then panic sell during declines, a pattern seen in late January and again in October 2025.

Momentum indicators signal caution: the Money Flow Index sits above 80, placing PIPPIN in overbought territory and increasing the likelihood of a cooling phase as inflows slow. Broader market indecision also weighs on speculative altcoins, and without strong directional cues from major cryptocurrencies, sustaining a rally may prove difficult.

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