PUMP price breaks above 20-day average as memecoin trading heats up

cryptonews

Jan 07

PUMP’s push above its 20-day average comes as trading volumes and platform activity spike, but the move still lacks a clear trend reversal pattern. Summary PUMP price is up 30% in seven days but ...

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2601822972"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2601822972\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2601822972?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-07 15:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2601822972","market":"nz","top_or_hot":-1,"title":"PUMP price breaks above 20-day average as memecoin trading heats up","media":"cryptonews","content":"<div>\n<p>PUMP’s push above its 20-day average comes as trading volumes and platform activity spike, but the move still lacks a clear trend reversal pattern.\n\n\nSummary\n\n\n\nPUMP price is up 30% in seven days but ...</p>\n\n<a href=\"https://crypto.news/pump-price-20-day-average-memecoin-trading-2026/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPUMP price breaks above 20-day average as memecoin trading heats up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-07 15:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/pump-price-20-day-average-memecoin-trading-2026/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PUMP’s push above its 20-day average comes as trading volumes and platform activity spike, but the move still lacks a clear trend reversal pattern.\n\n\nSummary\n\n\n\nPUMP price is up 30% in seven days but ...</p>\n\n<a href=\"https://crypto.news/pump-price-20-day-average-memecoin-trading-2026/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4179","symbol_name":"石油天然气设备与服务","start_time":0,"source_url":"https://crypto.news/pump-price-20-day-average-memecoin-trading-2026/","article_id":"2601822972","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/pump-price-20-day-average-memecoin-trading-2026/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2601822972","pubTimestamp":1767769332,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"PUMP’s push above its 20-day average comes as trading volumes and platform activity spike, but the move still lacks a clear trend reversal pattern.PUMP price is up 30% in seven days but remains deeply below its September peak.PUMP was trading at $0.00249 at press time, up 1.3% over the past 24 hours despite crypto market weakness. The token has gained roughly 30% over the last seven days, even as it remains down 17% on the month and nearly 71% below its all-time high of $0.00881 set in September.The recent price recovery has has been triggered by a sharp pickup in Pump.fun’s  on-chain activity. Dune Analytics data shows daily trading volume reached $116 million on Dec. 6, a clear improvement from the $60–80 million range that dominated through December and early January.","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4179":"石油天然气设备与服务","PUMP":"Propetro Holding Corp."},"translate_title":"随着memecoin交易升温，油价突破20日平均水平","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PUMP":1.5},"content_text":"PUMP’s push above its 20-day average comes as trading volumes and platform activity spike, but the move still lacks a clear trend reversal pattern.\n\n\nSummary\n\n\n\nPUMP price is up 30% in seven days but remains deeply below its September peak.\nRising spot and derivatives volume point to active trading, not leverage buildup.\nTechnical indicators suggest a relief bounce, with resistance still overhead.\n\n\n\nPUMP was trading at $0.00249 at press time, up 1.3% over the past 24 hours despite crypto market weakness. The token has gained roughly 30% over the last seven days, even as it remains down 17% on the month and nearly 71% below its all-time high of $0.00881 set in September.\nTrading activity expanded alongside the recovery. Spot volume reached $182 million in the last 24 hours, a 30% increase, pointing to stronger participation rather than a thin liquidity bounce.\nDerivatives data from CoinGlass shows a similar pattern. Futures volume climbed 29% to $101 million, while open interest rose a modest 1.9% to $64 million. \nPlatform activity surges\nThe recent price recovery has has been triggered by a sharp pickup in Pump.fun’s (PUMP) on-chain activity. Dune Analytics data shows daily trading volume reached $116 million on Dec. 6, a clear improvement from the $60–80 million range that dominated through December and early January. \nDaily active addresses have climbed to 135,242, the highest level in months, while 24-hour protocol revenue hit $2.67 million.\nThe platform’s longer-term numbers are striking. Pump.fun brought in just under $1 billion in revenue in 2025, with a large share of that coming in the final quarter. A significant portion of those funds, a little over $200 million, has been directed toward buying back PUMP tokens. This has taken about 10% of the supply out of circulation and helped support a deflationary setup.\nEven with those numbers, the project isn’t without issues. Pump.fun is dealing with the possibility of a lawsuit that could reach around $500 million, and it has faced ongoing backlash over reports that the vast majority of tokens launched on the platform end up as rug pulls. \nPUMP price technical analysis\nThe overall picture is still leaning bearish to neutral. For months, PUMP has been trapped in a pattern of lower highs and lower lows, and the most recent push higher appears to be more of a temporary bounce than the beginning of a true trend shift.\nThe Bollinger Bands show price bouncing off the lower range. That said, the bands aren’t widening much, suggesting momentum is still muted.\nPUMP daily chart. Credit: crypto.news\nPrice is now pressing up against the 20-day moving average from below, and that average is still trending downward. A clear daily close above it, with continued strength, would be a constructive sign. If the price gets rejected here, it would likely confirm that the broader bearish structure is still in place.\nConflicting signals are coming from momentum. After emerging from oversold territory, the relative strength index has risen back to the mid-50s, indicating some improvement in strength. However, in weaker markets, rallies often stall in this area. \nSupport on the downside is located between $0.0020 and $0.0021, with a stronger floor near $0.0015. Resistance is between $0.0026 and $0.0027, followed by a wider supply area around $0.003.\nIf PUMP can hold above $0.0025 and reclaim short-term moving averages, the price could extend toward the $0.003 area. Failure to maintain current levels would likely refocus attention on the $0.002 support zone, keeping the broader downtrend in place.\n\n\n\n\n\n                Read more:\n            \n\n                BNB price targets $1,000 as bullish reversal pattern takes shape ahead of Fermi hard fork","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}