In the context of the crypto market being widely oversold, the price predictions for XRP, Pi Coin, and Dogecoin have become more bullish today. Although the total market capitalization has slightly fallen by 0.3% in the past 24 hours, the oversold conditions make these tokens more likely to experience a rebound. XRP's price hovers around $2.85, but the ongoing expansion of Ripple's business provides strong fundamental support, and its technical charts also show signs of nearing a bottom. Despite a significant drop from its historical highs, recent updates to the node software and development platform for Pi Coin indicate that its ecosystem is steadily developing, with a strong recovery expected by the end of the year. Meanwhile, Dogecoin, with its strong community and support from Elon Musk, especially with the upcoming institutional investment vehicles, may attract attention again in the short term and return to higher price levels.
XRP: Huge gains may come from Ripple's expansion in the fourth quarter
(Source: TradingView)
The current price of XRP is $2.85, having fallen by 0.5% in the past 24 hours, 5% over the week, and 7% in the past month. However, XRP has achieved an astonishing return of 415% over the past 12 months, making it one of the strongest performers among the top 20 cryptocurrencies during the same period. This is mainly due to its strong fundamentals, especially after the long legal battle with the SEC finally ended in early August, allowing Ripple to continue expanding its cross-border payment business.
In recent weeks, the company acquired the stablecoin platform Rails for $200 million and obtained new licenses in Dubai while establishing partnerships. These developments are very encouraging for XRP. From a technical chart perspective, XRP seems to be approaching the bottom, with its RSI (Relative Strength Index) and MACD indicators both near oversold positions, which suggests that XRP may rise again after hitting $2.80. Its price is expected to return to $3 by late September, assuming a rate cut by the Federal Reserve and the arrival of a bull market by the end of the year, with a breakthrough of $5 anticipated before year-end.
Pi Network: Stable upgrades may ignite a strong rebound
(Source: TradingView)
Pi Coin has seen a slight fall today to 0.3453 USD, down 2% and 3% over the week and month respectively. More concerning is that since reaching its historical high of 2.99 USD on February 26, its price has dropped 88%, struggling to maintain the momentum it had during its public listing.
However, some positive signs indicate that it is laying the foundation for a steady rebound, as several updates have been launched recently. The latest development is the release of the Linux version of its Node software, which makes it more accessible to a broader group of validators and developers. Additionally, Pi Network has launched Pi App Studio, allowing even those without programming experience to participate in the development of Pi Network.
Therefore, as the market warms up again at the end of the year, Pi Coin has a great opportunity for a strong rebound. It has been in an oversold state for too long, and a bullish end of the year could push it back above 1 dollar, and possibly even break through 2 dollars.
Dogecoin: Increased Institutional Activity Will Drive It Back to Highs
(Source: TradingView)
Dogecoin is holding at $0.2166 today, despite a 3% fall over the week, but this popular meme Token has risen 4% in a month and 125% in a year. This performance is better than other altcoins and meme coins, with its relative success mainly attributed to its strong community supporters over the long term.
Despite its relatively weak fundamentals or utility, Dogecoin continues to attract support and interest, largely due to Elon Musk being one of its biggest advocates. For example, Musk's longtime lawyer Alex Spiro is about to launch a new investment vehicle for DOGE with an initial funding of 200 million dollars.
This indicates that DOGE occasionally benefits from bullish sentiment and positive news. As platform X continues to commit to digital payment services, the hope for Dogecoin's payment functionality on social networks still exists. From its chart, despite a decline over the past month, it may be close to staging a rebound. Once its MACD indicator enters a significant negative/oversold zone, the price prediction for DOGE will turn positive, with the token expected to climb to $0.30 in October and reach $0.50 by the end of the year.
Conclusion
Against the backdrop of a generally Oversold market, the three cryptocurrencies XRP, Pi Coin, and Dogecoin show potential for an imminent Rebound. XRP benefits from Ripple's ongoing business expansion and legal clarity, providing solid fundamental support for its price; the technical upgrades of Pi Coin are steadily progressing, laying the foundation for the long-term development of its ecosystem; while Dogecoin continues to rely on its strong community support and the positive influence of well-known figures. Although the catalysts for the rise of each Token differ, they collectively signify that with the improvement of the macroeconomic environment and the warming of market sentiment, these Tokens are expected to achieve significant price increases in the remaining time of this year.
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Today's Crypto Assets price prediction: XRP, Pi Coin, and Dogecoin may experience a strong Rebound.
In the context of the crypto market being widely oversold, the price predictions for XRP, Pi Coin, and Dogecoin have become more bullish today. Although the total market capitalization has slightly fallen by 0.3% in the past 24 hours, the oversold conditions make these tokens more likely to experience a rebound. XRP's price hovers around $2.85, but the ongoing expansion of Ripple's business provides strong fundamental support, and its technical charts also show signs of nearing a bottom. Despite a significant drop from its historical highs, recent updates to the node software and development platform for Pi Coin indicate that its ecosystem is steadily developing, with a strong recovery expected by the end of the year. Meanwhile, Dogecoin, with its strong community and support from Elon Musk, especially with the upcoming institutional investment vehicles, may attract attention again in the short term and return to higher price levels.
XRP: Huge gains may come from Ripple's expansion in the fourth quarter
(Source: TradingView)
The current price of XRP is $2.85, having fallen by 0.5% in the past 24 hours, 5% over the week, and 7% in the past month. However, XRP has achieved an astonishing return of 415% over the past 12 months, making it one of the strongest performers among the top 20 cryptocurrencies during the same period. This is mainly due to its strong fundamentals, especially after the long legal battle with the SEC finally ended in early August, allowing Ripple to continue expanding its cross-border payment business.
In recent weeks, the company acquired the stablecoin platform Rails for $200 million and obtained new licenses in Dubai while establishing partnerships. These developments are very encouraging for XRP. From a technical chart perspective, XRP seems to be approaching the bottom, with its RSI (Relative Strength Index) and MACD indicators both near oversold positions, which suggests that XRP may rise again after hitting $2.80. Its price is expected to return to $3 by late September, assuming a rate cut by the Federal Reserve and the arrival of a bull market by the end of the year, with a breakthrough of $5 anticipated before year-end.
Pi Network: Stable upgrades may ignite a strong rebound
(Source: TradingView)
Pi Coin has seen a slight fall today to 0.3453 USD, down 2% and 3% over the week and month respectively. More concerning is that since reaching its historical high of 2.99 USD on February 26, its price has dropped 88%, struggling to maintain the momentum it had during its public listing.
However, some positive signs indicate that it is laying the foundation for a steady rebound, as several updates have been launched recently. The latest development is the release of the Linux version of its Node software, which makes it more accessible to a broader group of validators and developers. Additionally, Pi Network has launched Pi App Studio, allowing even those without programming experience to participate in the development of Pi Network.
Therefore, as the market warms up again at the end of the year, Pi Coin has a great opportunity for a strong rebound. It has been in an oversold state for too long, and a bullish end of the year could push it back above 1 dollar, and possibly even break through 2 dollars.
Dogecoin: Increased Institutional Activity Will Drive It Back to Highs
(Source: TradingView)
Dogecoin is holding at $0.2166 today, despite a 3% fall over the week, but this popular meme Token has risen 4% in a month and 125% in a year. This performance is better than other altcoins and meme coins, with its relative success mainly attributed to its strong community supporters over the long term.
Despite its relatively weak fundamentals or utility, Dogecoin continues to attract support and interest, largely due to Elon Musk being one of its biggest advocates. For example, Musk's longtime lawyer Alex Spiro is about to launch a new investment vehicle for DOGE with an initial funding of 200 million dollars.
This indicates that DOGE occasionally benefits from bullish sentiment and positive news. As platform X continues to commit to digital payment services, the hope for Dogecoin's payment functionality on social networks still exists. From its chart, despite a decline over the past month, it may be close to staging a rebound. Once its MACD indicator enters a significant negative/oversold zone, the price prediction for DOGE will turn positive, with the token expected to climb to $0.30 in October and reach $0.50 by the end of the year.
Conclusion
Against the backdrop of a generally Oversold market, the three cryptocurrencies XRP, Pi Coin, and Dogecoin show potential for an imminent Rebound. XRP benefits from Ripple's ongoing business expansion and legal clarity, providing solid fundamental support for its price; the technical upgrades of Pi Coin are steadily progressing, laying the foundation for the long-term development of its ecosystem; while Dogecoin continues to rely on its strong community support and the positive influence of well-known figures. Although the catalysts for the rise of each Token differ, they collectively signify that with the improvement of the macroeconomic environment and the warming of market sentiment, these Tokens are expected to achieve significant price increases in the remaining time of this year.