Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Pump Fun (PUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move

Pump Fun (PUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbe2025/08/23 10:40
By: Nilesh Hembade
B+2.78%C+1.28%ETH+0.87%

Date: Sat, Aug 23, 2025 | 07:10 AM GMT

The cryptocurrency market turned bullish after Jerome Powell hinted at potential rate cuts in September during today’s Jackson Hole event. Following the remarks, Ethereum (ETH) surged over 10% to record a new all-time high of $4,878, fueling strong momentum across altcoins , including Pump Fun (PUMP).

PUMP has gained 12% in the past 24 hours, and its chart is now flashing a major bullish signal — a key harmonic pattern suggesting potential upside in the sessions ahead.

Pump Fun (PUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern Hints at Bullish Continuation

On the daily timeframe, PUMP is forming a Bearish Bat harmonic pattern, which typically signals a strong upside push during the CD leg before any potential reversal near completion.

The structure began near $0.006882 at point X, corrected down to point A, bounced to point B, and then dipped into point C around $0.002652. Since that low, PUMP has rebounded steadily, now trading near $0.003151 and moving along the CD leg toward its projected Point D target zone.

Pump Fun (PUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move image 1 Pump Fun (PUMP) Daily Chart/Coinsprobe (Source: Tradingview

Equally important, PUMP is approaching its 25-day moving average at $0.003214, a resistance level that could act as the trigger for further upside momentum if cleared.

What’s Next for PUMP?

If the harmonic formation completes, the Potential Reversal Zone (PRZ) lies between $0.006355 and $0.006882, aligning with the 0.886 and 1.0 Fibonacci retracement levels. From current prices, this implies a potential rally of up to 118%.

However, to preserve this bullish setup, PUMP must hold its C-point support at $0.002652. A breakdown below that level would invalidate the harmonic structure and weaken the upside case.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum (ETH) to Lose $3,000? It's Coming
CryptoNewsNet2025/10/18 05:48
Pi Network (PI) News Today: October 18th
CryptoNewsNet2025/10/18 05:48

Trending news

More
1
Hyra Network Partners with DePHY Network to Advance DePIN Applications
2
Ethereum (ETH) to Lose $3,000? It's Coming

Crypto prices

More
Bitcoin
Bitcoin
BTC
$106,773.1
-1.64%
Ethereum
Ethereum
ETH
$3,866.81
-0.88%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$1,084.92
-4.56%
XRP
XRP
XRP
$2.33
-0.57%
Solana
Solana
SOL
$184.36
-0.92%
USDC
USDC
USDC
$0.9999
-0.00%
TRON
TRON
TRX
$0.3119
-1.59%
Dogecoin
Dogecoin
DOGE
$0.1861
-1.30%
Cardano
Cardano
ADA
$0.6283
-2.40%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter