Main Takeaways:-
- Pi network soaring to $0.5920, eyeing $1.83 with growth signals.
- XRP surges to $2.00, aiming for $2.25 during a wave of ETF optimism.
During that time, the cryptocurrency market bounced back from the U.S. tariffs, and investors were observing coins such as Pi Network (PI) and Ripple (XRP) for potential profits.
Each of these tokens has something special to offer, like mining with a phone, sending money across countries, or using AI to create digital assets.
Price assumptions, based on chart signals, trading trends, and significant progress points, point to potential profits for these cryptocurrencies, which makes them some of the top cryptocurrencies to buy right now.
Pi Network: Is an Increase towards $1.83 Possible?
On April 11, 2025, Pi Network’s price surged to a peak price during the day at $0.6031, which has made people interested in the altcoin again, even though they were unsure about the project before.
Still, even with the daily increase, a weekly drop of 5.97% and a 30-day drop of 56.99% display Pi Network’s market instability.
At present, the token trades 80.17% under its peak value of $2.99, set on February 26, 2025, and chart indicators signal that a bottom may be close to $0.54, driven by an oversold signal 4-hour Relative Strength Index (RSI) before the surge.
Elliott Wave analysis shows that the correction is over, and a 5-wave upward move may be starting around $3.
XRP: Technical Analysis Signals a $2.25 Aim
After a sudden downturn below $1.7, XRP on April 11, 2025, reached $2.00, holding steady above the 200-day EMA at $1.95.
The amount of money invested in XRP futures has risen slightly by 3.35%, reaching $3.13 billion. This shows that more funds are being invested in it.
According to Coinglass data, More traders are betting that XRP will go up in price. People who bet it would go down lost more money ($336,810) than those who bet it would go up ($241,800).
The Relative Strength Index (RSI) has gone back up to 43.62 after being close to very low levels. This adds more signs that the price might keep rising.
If the price closes above $2.00 today, it might go up to $2.25. That matches the 50-day and 100-day EMAs.
Read also:- Bank of Japan’s Rate Cut: A Market Shift for Bitcoin, Bonds, Gold & Stocks?
Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.
