Animecoin (ANIME) price has been impressive recently, despite the price of other cryptos struggling. The token has had more than a 60% price increase in the past 3 days. A quick look at the chart shows that the price broke out from a months-long descending channel. This happened three days ago with a 40% price increase within a single day. The following day, the price tested the broken support as new support successfully.

This move brought in more buyers who are now interested in the token and hope to join a late bullish ride. Going by the height of the descending channel, one might still expect more than a 190% increase from the current level of around $0.0086 before any major pullback if the bullish momentum continues.

The recent breakout changed how ANIME price behaves on the chart. Price spent months moving lower inside a descending channel, which often signals slow distribution and fading interest. That structure ended once buyers pushed the price above the upper boundary with strong follow-through.

Price action after the breakout matters just as much as the breakout itself. The clean retest of former resistance as support confirmed that buyers were willing to defend higher levels. That confirmation phase often attracts fresh interest because it reduces the risk of a false breakout.

Momentum since then has remained steady rather than explosive. That kind of movement usually points to accumulation rather than a short lived spike.

Data from CoinMarketCap adds more context to the move. On the surface, ANIME price strength looks technical driven, yet the broader picture remains mixed.

One factor supporting optimism came from a treasury allocation narrative tied to gaming and media exposure. Another layer of discussion focuses on leveraged positioning, where aggressive long setups often amplify short term volatility.

At the same time, CoinMarketCap data highlights a much larger drawdown from earlier valuations. That history still hangs over the asset and explains why price reactions remain sharp in both directions.

A notable catalyst behind renewed attention involves GameSquare Holdings and its plan to add ANIME to its treasury. Analysts following the project have pointed to this development as a potential credibility boost rather than a guaranteed price driver.

A publicly traded company allocating capital creates a different type of narrative. The focus shifts from short term trading to strategic positioning within gaming and digital culture. That angle fits Animecoin’s branding and explains why the move attracted renewed market interest.

Follow through remains important. Treasury announcements matter most when buying activity is visible over time rather than remaining a one off headline.

Another analyst angle centers on supply dynamics after launch. ANIME price remains far below its initial valuation, which reflects broader issues seen across many 2025 token launches.

A large maximum supply combined with future token releases continues to weigh on sentiment. Roughly 3.2B tokens are still scheduled for release, which introduces dilution risk if demand does not grow alongside supply.

This backdrop explains why rallies face skepticism even when price structure improves. Strength needs to persist long enough to absorb upcoming supply rather than fade on the first wave of selling.

Technical indicators offer additional insight into where ANIME price stands right now. The relative strength index sits near 63 at the time of writing. That level suggests momentum favors buyers without pushing into overheated territory. RSI above 50 usually signals bullish control, while readings below 70 leave room for further upside before exhaustion becomes a concern.

MACD readings from the attached chart also lean positive. The MACD line remains above the signal line, and the histogram continues to print positive values. That combination typically points to sustained upward momentum rather than a fading move. Traders often view this setup as confirmation that the trend still favors continuation rather than immediate reversal.

Read Also: How Much Could 1,000 Cardano (ADA) Tokens Be Worth by 2030?

ANIME price strength reflects a mix of technical breakout, renewed narrative interest, and improving momentum indicators. Structural risks tied to supply and past valuation remain part of the conversation, which keeps expectations grounded.

The next phase depends on whether demand continues to build as price explores higher levels. Watching how price behaves around resistance zones will offer clearer clues about whether this move develops into something larger or pauses to reset.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post Why Is Animecoin (ANIME) Price Pumping? appeared first on CaptainAltcoin.

86 +