Pump.fun ($PUMP) was trading at $0.005269 on August 23, 2026, after gaining 11.24% against the US dollar over the previous 24 hours. The token outperformed the broader cryptocurrency market during the same period, in which total crypto market capitalization increased by 15.06%. Measured against Bitcoin, $PUMP recorded a 10.72% gain on the day, and the $PUMP/ETH pair rose 9.73%. The asset is associated with Pump.fun, the Solana-based launchpad that popularized one-click token creation and became one of the most heavily used venues for new memecoin issuance before introducing its own $PUMP token.

According to the price prediction published by CoinCodex on August 23, 2026, $PUMP is expected to reach $0.004073 by August 28, 2026, which would represent a 23.38% price decrease over the next five days. At the time of the analysis, Pump.fun was trading 29.34% above that projected level. CoinCodex is a cryptocurrency price-tracking platform whose forecasts are generated by algorithmic models that weigh technical indicators and historical price behavior, which makes the five-day figure a model estimate rather than a guaranteed outcome.

Price action over the past 30 days

Pump.fun has displayed a positive trend recently, gaining 189.01% over the last 30 days. The medium-term trend has likewise been bullish, with $PUMP increasing by 196.47% over the last three months, and the long-term picture has been positive as well: the token currently shows a one-year price change of 66.28% and was trading at $0.003169 on the same date a year earlier.

Pump.fun reached its all-time high on September 14, 2025, when the price of $PUMP peaked at $0.008791. Even after its recent rally, the token is changing hands roughly 40% below that record. The current cycle high stands at $0.005405, while the cycle low sits at $0.001157. The token has exhibited high volatility in recent weeks, with one-month volatility measured at 24.63, and it recorded 18 green days out of the last 30.

Technical analysis for August 23, 2026

Sentiment in the Pump.fun markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $0.004308, $0.003637, and $0.003246, while $0.005371, $0.005761, and $0.006433 mark the key resistance levels.

Indicator readings

Twenty-five indicators are currently signaling a bullish prediction for Pump.fun, while six indicators are showing a bearish forecast. With 81% of indicators favoring a positive prediction, the overall sentiment reading for the token is Bullish. That aggregate reading stands in contrast with the report’s own five-day projection of a 23.38% decrease, illustrating how short-horizon model targets and broader sentiment gauges can diverge within the same analysis.

Crypto market currently in Greed

The Fear & Greed index currently stands at 66 (Greed), a level that signals investors have a positive outlook on the market. The index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests investors are currently optimistic about the cryptocurrency market, but it can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which the index framework treats as a potential buying opportunity.

Moving averages and oscillators

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Pump.fun stands at 86.96, suggesting that $PUMP is currently overbought; on the index’s 0–100 scale, readings above 70 are conventionally treated as overbought territory.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Pump.fun over the last 50 days. Pump.fun is currently trading below the SMA 50 trendline, which is a bearish signal. Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline calculated by averaging the $PUMP closing price over the last 200 days; $PUMP is now trading below the SMA 200 as well, signaling that the market is currently bearish from that longer-term vantage point.

The bottom line

After considering the above factors, the analysis concludes that the current forecast for Pump.fun is Bullish, while noting that $PUMP would have to decrease by 23.38% to hit the $0.004073 target within the next five days. Moving forward, the report highlights $PUMP market sentiment, the key support and resistance levels, and other metrics as the main variables to monitor. The August 28 target date itself offers a concrete near-term checkpoint against which the model’s five-day projection can be compared with the realized price. It also cautions that cryptocurrency markets are unpredictable and that even the largest crypto assets display considerable price volatility.

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