Pump.fun (PUMP) Price Prediction for August 7

Pump.fun (PUMP) Price Prediction for August 7

The post Pump.fun (PUMP) Price Prediction for August 7 appeared on BitcoinEthereumNews.com.

Pump.fun price is showing renewed strength after breaking into the upper half of its ascending channel. Pump.fun price today is trading around $0.00348, supported by rising structure and bullish momentum across lower timeframes. With short-term EMAs now below price and indicators heating up, traders are eyeing the next resistance at $0.00360–$0.00365. Pump.fun Price Forecast Table: August 7, 2025 Indicator/Zone Level / Signal Pump.fun price today $0.00348 Resistance 1 $0.00360 Resistance 2 $0.00385 Support 1 $0.00330 Support 2 $0.00310 RSI (2H) 67.07 (Bullish, near overbought) MACD (2H) Bullish Crossover Bollinger Bands (4H) Expanding, price near upper band EMA Cluster (20/50/100, 4H) All below price (bullish stack) Supertrend (1H) Bullish above $0.00314 DMI (1H) +DI Leads, ADX Rising VWAP (15-min) Price holding above VWAP What’s Happening With Pump.fun’s Price? PUMP price dynamics (Source: TradingView) The 30-minute chart shows PUMP locked in a strong ascending channel that has guided price higher since the August 2 low. The current rally has respected each dip toward the midline, with buyers consistently stepping in near $0.00330. The upper bound of the channel now targets $0.00365, while dynamic support near $0.00332 holds firm. Above current levels, the next supply zone rests at $0.00360–$0.00370, which aligns with the upper boundary of the channel. If price closes decisively above this zone, momentum could accelerate toward $0.00385. On the downside, immediate support lies around $0.00330, followed by a key zone near $0.00310 where the ascending trendline converges with prior demand. Why Is The Pump.fun Price Going Up Today? PUMP price dynamics (Source: TradingView) Why Pump.fun price going up today is driven by bullish confirmation across structure and indicators. The 4-hour Bollinger Bands have widened after a prolonged squeeze, with PUMP pushing above the midline. Price is now hovering around the upper band at $0.00346, suggesting a continuation of bullish volatility.…