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Cryptocurrencies Price Prediction: Bitcoin, Injective & XRP – European Wrap 1 March

FXStreet Team FXStreet

Gaming tokens surge, in spillover effect from Bitcoin price rally: GALA, SAND, ENJ, BEAM, APE

Prices of several gaming tokens increased sharply on Friday, a surge that can be broadly attributed to the overall recent growth in cryptocurrency markets but more specifically to the recent Bitcoin (BTC) price rally to a local top of $64,000.

Profit-taking by BTC holders peaked on Wednesday, making it likely that these investors have realized gains and rotated these profits into other sectors in the market such as gaming tokens. Gaming tokens such as GALA (GALA), The Sandbox (SAND), Enjin Coin (ENJ), Beam (BEAM), and ApeCoin (APE) have noted a price increase between 2% and 9% on Friday.

Injective price could retest $50 as INJ bulls try to overcome critical resistance level

Injective (INJ) price has been coiling up in a tight range for more than two months. But the recent developments suggest INJ is readying for a massive volatile breakout rally in the next two weeks.

Injective price set up the $31.09 to $43.40 range in early 2024 and has been trading inside it for more than two months. In this tight range, INJ has produced lower highs, which can be connected using a trend line, revealing a declining resistance level. This hurdle was breached on February 27 as INJ rallied 13% to retest the range high at $43.40. This positive development is likely to lead to a breakout in the near future, which could result in handsome gains for investors.

XRP price jumps to $0.62 while Ripple faces pressure from two legal battles

XRP price inched closer to its 2024 high, rallying past the $0.62 level on Thursday. The altcoin was hit by a correction, however, which pulled it back down to the $0.59s early Friday. Ripple, a cross border payment remittance firm is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC) and a class action lawsuit filed by XRP holders.

XRP price is on track to break past its yearly high of $0.64, if the positive momentum is sustained. The altcoin rallied to a local top of $0.62 on Thursday, before correcting to $0.59 on Friday.

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FXStreet Team

FXStreet

Pi Network Price Forecast: Core team offloads supply, weighing on PI recovery

Pi Network hovers below $0.1700, broadly steady at press time on Monday, attempting a recovery after a 2% loss the previous day. Sunday’s decline aligned with nearly 49 million PI tokens offloaded by the Pi Foundation, implying a spike in supply pressure that capped the prevailing four-day recovery.

Cosmos Hub Price Forecast: ATOM under pressure as bearish momentum accelerates

Cosmos Hub steadies near $1.82 at the time of writing on Monday, following a 20% decline the previous week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe show bearish signals at key levels

Meme coins are hovering around key support zones at the start of this week on Monday, after extending losses in the previous week. Dogecoin (DOGE) signals a neutral near-term bias with a slight bearish tilt.

Solana Price Forecast: SOL consolidates amid rising Middle East tensions

Solana (SOL) trades around $84 at press time on Monday, coiling further within a consolidation range that keeps the momentum trapped. Institutional interest in Solana resurfaced last week, with inflows of over $44 million capping downside pressure.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.