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As the week wraps up, Bitcoin fights to stay above the significant $85,000 mark. Holding this level is crucial for a possible bullish trend in the coming days. A breakthrough above the $87,000 resistance would confirm an upward movement. What price outlooks exist for Pi Coin, SHIB, and XRP as March comes to a close?
What’s Next for Ripple (XRP)?
The conclusion of the XRP legal battle brings mixed sentiments. Despite the favorable resolution, the price struggles to exceed $3, hampered by increased tariffs and a cautious market sentiment. Expectations are set for a market recovery and positive pricing developments starting in April.
Can SHIB and Pi Coin Bounce Back?
Among meme coins, SHIB recently hit a local low of $0.00001096 on March 11 and is now in a consolidation phase. A closing price above $0.0000139 could propel it towards $0.00001587, setting the stage for a potential rally of up to 110%.
– SHIB faces selling pressure due to the rise of new tokens on Solana‘s network.
– Positive sentiment is expected as the SEC clarified that meme coins are not securities.
– Pi Coin struggles to secure $0.8739 and $1, but a broader market uptrend may trigger a rise towards $1.70.
Market participants are closely monitoring these developments, hoping for a resurgence in crypto prices as key resistance levels are tested and future trends become clearer.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
