Cryptocurrencies Price Prediction: Pepe, Tron & Ethereum – Asian Wrap 01 April
|PEPE Price Forecast: PEPE could rally to double digits if it breaks above its key resistance level
Pepe (PEPE) memecoin approaches its descending trendline, trading around $0.000007 on Tuesday; a breakout indicates a bullish move ahead. Moreover, PEPE's long-to-short ratio supports a bullish thesis as bullish bets among the traders reach the highest over a month, aiming for double-digit gains on the horizon.
Tron Price Prediction: Tether’s $1B move triggers TRX ahead of US Congress stablecoin bill review on Wednesday
Tron price defied the broader crypto market downtrend, surging 3% to $0.25 on Monday. This bullish momentum comes as stablecoin issuer Tether minted another $1 billion worth of USDT on the Tron network, according to on-chain data from Arkham. Meanwhile, market sentiment is shifting as the U.S. Congress gears up to review new stablecoin legislation on April 2, a move that could significantly impact Tron’s ecosystem.
Ethereum Price Forecast: Short-term holders spark $400 million in realized losses, staking flows surge
Ethereum (ETH) bounced off the $1,800 support on Monday following increased selling pressure from short-term holders (STHs) and tensions surrounding President Donald Trump's reciprocal tariff kick-off on April 2. While the near-term outlook suggests caution, declining ETH exchange reserves and rising staking balance could help keep prices afloat.
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