PUMP Price Breakout Signals Potential Upside Amid Meme Coin Revival

By Zagham Abbas | Edited By Ammar Raza,July 20, 2026, 7:59 PM

PUMP price is regaining strength since it managed to bounce back from a critical support level, owing to increased demand for meme coins. The resurgence of the PUMP price is taking place amid a period where there has been an upsurge in the launch of meme coins.

At the time of writing, PUMP is trading at $0.001983, up 18.02% over the last 24 hours. The token has recorded $355.51 million in daily trading volume, while its market capitalization stands at $779.88 million, reflecting renewed buying interest across the market.

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PUMP Price Benefits From Meme Coin Revival

On July 20, 2026, a crypto analyst, BATMAN, noted that meme coins have been gaining attention once again as a result of several weeks of calmer trading activity. According to BATMAN, the PUMP price should be watched because the coin has managed to regain an important level of support.

The other thing observed by BATMAN is that the launch of meme coins tends to result in high activity on the Pump.fun platform. The more meme coins are created and traded on the platform, the more money it makes, which is often viewed favorably by the investors.

The rise above the support level is a positive technical development, since it signals that buyers are once again in control following a weak period. Provided demand keeps improving, the current development may allow for another move higher.

Technical Indicators Show PUMP Price Building Strength

Technical analysis points to PUMP price entering a strong period after bouncing back from previously low levels.

The Moving Average Ribbon indicates that the cryptocurrency is trading near $0.00196 – well above its 20-day SMA at $0.00159, its 50-day SMA at $000153, and its 100-day SMA at $0.00168. It is widely considered a positive sign when a token stays above its important moving averages.

The next significant level will be the 200-day SMA at $0.00191. While it trades above this level, it will still act as a significant point of consideration that might decide the future course of action for the token.

In addition to the aforementioned technical indicators, the momentum indicators also confirm the current bullish trend. The Relative Strength Index (RSI) currently stands at 68.30 levels, while its signal line is at 54.50.

Nevertheless, the RSI approaches the 70 level, where the overbought condition occurs. Although this is not a reversal signal by itself, it indicates that the upward movement may become slower if buying interest starts to decrease.

PUMP Price Turns Bullish Again

The recent rally in the PUMP price indicates a resurgence of interest in meme coins, an industry known for spikes in trading volume during bull runs. The more meme coins launch, the busier the trading platform Pump.fun becomes.

The current owners of the coin can hope that the growth in platform activity will continue to support the price. As for the potential buyers of the token, the current situation is interesting since it comes close to the resistance level.

Whether PUMP will continue its breakout trend will be evident in the coming trading sessions. If PUMP manages to remain above the previously established support level and breaks through the 200-day moving average, this will support the bulls’ case. Should there be some relief from buying pressure, a retracement might occur before PUMP continues rallying.

Interest in meme-coins is back, and this time around, it appears that the technical picture for PUMP price is improving as well.

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This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.