Analyst Predicts TRX Price To Hit $1 As TRON Network Activity Heats Up

Monicah W

Analyst Predicts TRX Price To Hit $1 As TRON Network Activity Heats Up

Renowned crypto analysts took the stage on Thursday, projecting a highly bullish outlook for TRX price ahead. Analyst ‘Ali Martinez’ spotlighted a remarkable spike in TRON network activity as it scales new highs, whilst ‘Crypto Patel’ revealed that a $1 price target is potentially achievable this bull cycle. As a result, traders and investors optimistically eye the Justin Sun-backed token amid a broader market recovery.

Analyst Forecasts TRX Price To $1

At the time of reporting, TRX price witnessed a 2% uptick and exchanged hands at $0.2458. The coin bottomed and peaked at $0.2407 and $0.2465 intraday. Notably, the rising trajectory aligns with the broader crypto market’s recent recovery-like trend.

Simultaneously, analyst Crypto Patel took to X, revealing that TRON is showcasing a strong momentum and a $1 price target potentially looms. According to the price chart shared by the analyst, the coin’s price holds strong support at $0.140. A sustained hold above this level remains bullish.

TRX price chart
Source: Crypto Patel, X

The best ‘buy zone’ lies at $0.160 – $0.180, given the opportunity presents itself, per the analyst. Notably, the current price levels are considerably above the mentioned support zone, whilst sustained demand could propel new highs.

Can The Analyst’s Prediction Come True?

Intriguingly, it’s noteworthy that the analyst predicted a 200-300% surge in TRX price during October last year. Back then, the coin’s price traded around the $0.16 level, per CoinMarketCap data.

Subsequently, the price hit a $0.426 level as of early December 2024. This past chronicle is worth considering, although the price soon fell amid broader market trends.

TRON Network Activity Surge Bolsters Bullish Prediction

On the other hand, TRON network activity rose substantially, reaching a 2-month-high as of March 4.

According to analyst Ali Martinez, 2.94 million active addresses were recorded on the network recently. This data suggested rising market interest in the Justin Sun-led crypto project, paving a bullish road ahead.

TRON Network Activity
Source: Ali Charts, X

Crypto Market Recovery Bolsters Hope

Simultaneously, the broader crypto market’s recovery-like trend has solidified investors’ optimism on TRX price. Bitcoin and altcoin witnessed notable gains amid pro-crypto developments in the U.S.

Donald Trump’s strategic crypto reserve announcement appears to have substantially boosted the market sentiment. Moreover, the looming U.S. crypto summit set for Friday has also glimmered hope over the market’s future prospects. Crypto market participants continue to monitor TRON extensively amid broader developments, signaling that a bull run to $1 is possible.

The post Analyst Predicts TRX Price To Hit $1 As TRON Network Activity Heats Up appeared first on CoinGape.

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XRP ETF: Ripple and BlackRock Working Together for Filing? $3 XRP Price Soon?

Ripple's XRP Price Eyes Rally To $5 As BlackRock Gears Up For ETF Filing

As the SEC vs Ripple lawsuit is coming to an end with the blockchain firm paying a $50 million penalty, developments on an XRP ETF are gathering pace once again. In his latest Bloomberg interview, CEO Brad Gralinghouse said that it’s important to have this exchange-traded fund, while just falling short of accepting that they are working with the world’s largest asset manager, BlackRock. XRP price movement has been relatively mute to this development, while industry players expect a $3 breakout soon.

Are Ripple and BlackRock Exploring Potential XRP ETF?

In his recent Bloomberg interview, Ripple CEO Brad Garlinghouse was asked whether they are collaborating with BlackRock to launch an XRP ETF in the US. Although Garlinghouse didn’t explicitly accept such a collaboration, he sparked speculation by stating, “We think it makes sense for the XRP community overall”.

The prospect of a BlackRock filing for an XRP ETF in 2025 has captured the attention of the crypto community. Many believe that once the regulatory wall over Ripple is removed, asset managers will rush in the second-half of the year to bring a Ripple ETF to the market. Furthermore, Ripple CEO Garlinghouse is also confident that XRP would make it to the US Digital Asset stockpile.

Adding to the discussion, Crypto.com CEO Kris Marszalek highlighted the transformative potential of XRP ETFs. He predicts that the development could attract $8 billion in inflows following the approval.

Ripple Drops Cross-Appeal Against US SEC

The long-running Ripple vs SEC lawsuit has finally come to an end as the blockchain startup has decided to no longer pursue the cross-appeal against the securities regulator. The resolution involves a $75 million refund to Ripple, following the SEC’s decision to drop its appeal and Ripple abandoning its cross-appeal.

This settlement concludes a case that initially resulted in a $125 million penalty against Ripple. With the refund, the company’s net payment to the SEC amounts to $50 million. Under the Trump administration, the SEC has softened its stance, while putting a greater focus on establishing clear crypto regulations.

XRP Price Surge to $3 Soon?

Amid the current development and hopes for XRP ETF, the XRP price has given a muted response as it continues to face strong rejection at $2.50 levels. Despite this, market analysts have made bold predictions, expecting the XRP price rally to continue at $15 and beyond.

Sharing the XRPUSDT chart, popular crypto trader Seyma stated that she’s more bullish on the Ripple cryptocurrency in comparison to other altcoins. “My weekly target is $3-$3.24 i never give investment or trading advice just noted to myself,” she wrote.

Source: Seyma

The post XRP ETF: Ripple and BlackRock Working Together for Filing? $3 XRP Price Soon? appeared first on CoinGape.

Pi Network Crashes Again After a Brief Rally – What’s Next for PI?

Pi Network (PI) has been down more than 8.5% in the last seven days. It has traded below $0.65 for six straight days but crashed below $0.60 today. The trend remains weak, with price action stuck below the Ichimoku Cloud.

The altcoin’s RSI briefly went above 50 but has dropped back to 45, showing fading bullish momentum. EMAs are still bearish. It’s hovering just above key support, and the next move may decide between a deeper drop and a potential rebound.

Pi Network Faces Bearish Pressure Below the Ichimoku Cloud

Pi Network is still trading below the Ichimoku Cloud, signaling a bearish market structure overall. However, a potential shift may be developing, as the blue Tenkan-sen (conversion line) has recently crossed above the red Kijun-sen (base line).

This crossover is often seen as an early bullish signal, especially if confirmed by rising volume or a move into the cloud.

Despite this, the future cloud remains red, indicating continued resistance ahead and signaling that the broader trend is still under pressure.

PI Ichimoku Cloud.
PI Ichimoku Cloud. Source: TradingView.

The Chikou Span (lagging line) is still below both the price candles and the cloud. This means any upside move has not yet been confirmed.

For a real trend reversal, PI must break into and above the cloud. The future cloud must also turn green, with all Ichimoku signals aligning bullishly.

Right now, the setup shows indecision. There’s a short-term bullish crossover, but the price is still under the cloud, and the broader trend remains bearish.

Pi Network Momentum Slows as RSI Dips Below 50

Pi Network’s RSI currently sits at 45.41, easing off after a sharp rally from 28.49 to 54.40 just two days ago. This indicates a slowdown in momentum following a brief period of recovery.

The pullback from above 50 suggests that buying pressure has weakened, and PI is entering a more neutral zone, where neither bulls nor bears are in full control.

The quick reversal also reflects uncertainty in the current price trend.

PI RSI.
PI RSI. Source: TradingView.

The Relative Strength Index (RSI) is a momentum oscillator ranging from 0 to 100, commonly used to identify overbought or oversold conditions.

Readings above 70 suggest an asset may be overbought and due for a correction, while readings below 30 indicate oversold conditions and potential for a bounce. Values between 30 and 70 are considered neutral, with 50 as the key pivot point.

PI’s current RSI at 45.41 is below that threshold, hinting at a slight bearish lean unless the metric turns back upward. If RSI continues to decline, it may reflect growing selling pressure and a risk of further price weakness.

Pi Network Hovers Near Key Support With Bearish EMAs

PI price is trading just above a key support at $0.59, with bearish pressure building.

If this level is tested and broken, the next important supports lie at $0.547 and $0.40, potentially exposing the token to a deeper correction.

PI Price Analysis.
PI Price Analysis. Source: TradingView.

The Exponential Moving Averages (EMAs) remain in a bearish alignment, with short-term EMAs positioned below the long-term ones. This structure typically signals that the broader trend is still downward.

However, if the trend reverses and buyers step in, PI could climb to test resistance at $0.648, followed by $0.682.

A breakout above both—especially if supported by volume and a bullish EMA crossover—could push the price toward $0.789, signaling a shift toward a more sustained uptrend.

The post Pi Network Crashes Again After a Brief Rally – What’s Next for PI? appeared first on BeInCrypto.

Tesla Stock Price Reclaims Uptrend After Earnings Report Crash, Here’s When to Buy, Per Experts

Tesla Stock Price Reclaims Uptrend After Earning Report Crash, Here's When to Buy Per Experts

Elon Musk’s Tesla stock price faced a slump in the last few days, as the earnings report highlights a significant drop. As the stock and crypto markets had crashed earlier, the impact was significant on Tesla’s Bitcoin holding, affecting their earnings. However, with new updates and investors’ settled sentiments, the TSLA price is rising again. Time to buy? Let’s discuss.

Tesla Stock Price Settles After Earnings Report

The Tesla stock price has been down nearly 27% in YTD, and the primary stimulus is Tesla’s 71% drop in the Q1 net income, according to CNN. The Tesla earnings report reveals that the company only managed a profit due to the sale of $595M in regulatory credit, not cars.

More importantly, the Gross automotive profit margin dropped to its lowest since 2012, concerning stock investors. The TSLA stock price hit bottom at $221.86 in early April due to macroeconomic events, and again crashed to $227.50 amid the earnings report.

Tesla Stock Price

However, the stock has recovered significantly as Elon Musk plans to exit D.O.G.E. (Department of Government Efficiency). This decision was made concerning the performance of the company and the constant allegations that Musk was using D.O.G.E. to avoid legal issues.

Experts anticipate that Tesla is in serious trouble, but Musk denies the claims, stating, “We’re not on the ragged edge of death.”

Although he has admitted that there are challenges, he remains optimistic. Additionally, the Airbnb co-founder and Tesla board member Joe Gebbia has purchased 4,000 shares of Tesla, making it the first insider purchase since 2020.

TSLA stock buy

This suggests increasing confidence in the company. Due to these events, the TSLA stock price regained some uptrend, currently worth $285.88. Many crypto stock prices are also attempting to recover amid improving macroeconomic events.

Tesla Stock Price News: When to Buy?

In these ups and downs, some investors are seeing a buying opportunity. One such crypto expert presented the timelines on when to sell and when to buy. According to StrengthPlan, the investors can consider buying once the Tesla stock price reaches $222 in May.

At that time, it would act as a local bottom retest, providing the right opportunity. The post also mentioned the stock reaching the same local bottom in January 2026, acting as a buying opportunity.

At the same time, it mentioned $465 as the all-time rejection zone, i.e., the stimulus to sell. Interestingly, the next selling point is $645 once it hits a new ATH.

Stock to buy

Overall, the expert’s analysis forecasts a potential TSLA price crash in May 2025 and a new ATH in summer 2026.

The post Tesla Stock Price Reclaims Uptrend After Earnings Report Crash, Here’s When to Buy, Per Experts appeared first on CoinGape.