In the crypto market, April started moving and especially Coin projects labeled “Made in USA” are closely monitored. This week, XRP, SUI and Pi Network (PI) are among the prominent projects. These coins, each of which perform differently, have both risk and opportunity for investors. Despite the powerful market value, the XRP falls hard, while water is resistant. On the other hand, PI is the weakest link of the week. Here are the current analysis of these three crypto money…
XRP: Can the fall turn into an opportunity?
Although the XRP has a crypto currency with the largest market -based market value, it has lost 10.6 %in the last 7 days. This decline made him Coin, which lost the most value in the top 10. However, this deep correction may turn into a purchase opportunity for some investors. Particularly before the “Liberation Day” event, which will be organized by Trump on April 2, a narrative change may be experienced.
If the XRP creates an upward trend in this process, it can first test the $ 2.22 resistance. If this point is exceeded, a movement can be seen towards $ 2.47 and $ 2.59. However, if the decrease persists, the price may first come to the agenda for $ 2.06 support and then up to $ 1.90.
SUI COIN: Strong stance in the weak market environment
Sui, last week, “Made in USA” coins positive decomposed. Coin, which gained 3.8 %, has a 13 %loss in the last 30 days, but exhibits a short -term graph in the short term. This performance carries SUI among the projects that need to be closely monitored this week.
However, the 15 %decrease in volume is remarkable. The daily transaction volume fell to 767 million dollars. With its market value of 7.43 billion dollars, water, technically, gives complex signals. The “Death Cross” formation between EMAs shows that a downward trend can begin. If this scenario occurs, the price can go down to $ 2.23, then $ 2.11 and $ 1.96. On the contrary, if there is a movement, the water can first target $ 2.50 and then $ 2.83.
Pi Network (Pi Coin): Losses Deepening
Coin Pi Network (PI), which performed the worst performance of the week. The PI, which lost over 23 %in the last seven days, was traded below $ 1 during the week. This has damaged the trust of investors.
Technically, the PI must first break the $ 1.05 resistance to recover. If this resistance is exceeded, the price has the potential to rise up to $ 1.23. However, if the sales pressure persists, the PI may test $ 0.718, then $ 0.62, which has not been seen since February 21st. Critical developments may be experienced this week for PI investors.
