April can bring the rise for several crypto projects. Three top cryptocurrencies are particularly important, albeit for very different reasons; They are XRP, SUI and PI Network (PI) – each of them shows their special trends that deserve the attention of investors.
According to a recently published CNF report, analysts predict that XRP can achieve a value of $ 22, which is due to the now open market institutional investors and the customer target group of globally operating banks. Despite its high level of awareness as the largest US crypto value after market capitalization, XRP is currently trading at $ 2.10 and has dropped by 3.71 % in the last 24 hours and 14.61 % in the last week.
The legal uncertainty, which results from the ongoing legal dispute with the SEC, continues to affect the XRP course. Nevertheless, some analysts believe that an outbreak over the resistance of $ 2.56 could trigger a rally in the direction of $ 3.00, provided the conditions are favorable.
The SUI network was recently affected by a $ 29 million dollar hack. SUI is currently trading at $ 2.30, which corresponds to a daily decline of 5.08 % and a decline in a week of 20.37 %. However, the technical indicators have no specific direction overall.
A “death cross” for the EMA lines signals a potential downward trend, with support expected at $ 2.23 and $ 1.96. Conversely, an outbreak of $ 2.50 could lead to a thrust towards $ 2.83, which indicates a possible recovery dynamics.
Pi is still under strong sales pressure and is traded at $ 0.729, which corresponds to a decline of 8.27% within 24 hours and 24.33% in the past week – it is the weakest value among the three mentioned and a typical “purchase” candidate. The stage is to exceed the psychologically important brand of $ 1 again. If the mood improves, PI $ 1.05 and possibly $ 1.23 could target.
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