Expert's latest analysis: XRP will big pump to 5 dollars in October, PI is likely to crash 90%.

The crypto assets market experienced a severe setback on September 23, with the total market capitalization falling below the 4 trillion dollar mark, and mainstream tokens generally declining, led by Ethereum (ETH) and Solana (SOL), which dropped 6% and 7% respectively. However, market experts believe that this pullback may lay the groundwork for a strong rebound in the coming weeks, especially as Ripple (XRP) and the Pepe meme coin (PEPE) are expected to see significant increases in the short term. Meanwhile, the outlook for Pi Network (PI) is concerning, as technical indicators suggest it may face further collapse risks.

XRP: ETF catalysts will drive the price to break through 5 dollars

(Source: Trading View)

XRP fell 5.5% to $2.82 on September 23, accumulating a 7% decline over the week and an 8% decrease for the month. However, in the long term, XRP has still surged an astonishing 370% over the past year, demonstrating strong medium to long-term growth momentum.

The main reason for today's fall is the massive liquidation wave triggered by the excessively high market leverage, but this short-term volatility has not changed the fundamental advantages of XRP. Ripple's business as a provider of cross-border payment solutions continues to expand, having recently signed multiple new partnerships and ventured into new market areas.

The technical indicators show oversold signals.

From a technical perspective, XRP has fallen back to the oversold area:

The RSI indicator (yellow) has fallen below the 50 level.

The MACD indicator (orange and blue) is about to turn negative again.

The price is approaching the key support level.

This technical configuration usually indicates the possibility of a Rebound, especially considering the upcoming significant catalysts.

The approval of the XRP ETF will become a key catalyst.

Market analysts predict that the U.S. Securities and Exchange Commission is likely to approve multiple XRP ETFs within the next few weeks, which will bring strong upward momentum to the XRP price. Based on this expectation, experts have provided the following price targets:

· Second half of October: 3 USD

· November (after ETF approval): 4 USD

· By the end of the year: Break through 5 dollars

For investors looking for entry opportunities, the current pullback may provide an excellent buying opportunity.

PI: The ultimate downtrend may continue, with a 90% fall possibly not yet bottomed out

(Source: Trading View)

The outlook for PI is completely different, having fallen 18% in the past 24 hours, with the current trading price at $0.2887, down 20% from a month ago. Even more concerning is that since reaching a high of $2.99 shortly after its launch at the end of February, PI has plummeted by 90%.

1. The technical chart shows a continued downward trend

The price chart of Pi Coin shows a typical ultimate decline pattern:

· Continuing to fall since the end of February, with only a brief Rebound at the end of May.

·The current price is close to the bottom of the trading channel, with a risk of breaking below.

· The trading volume continues to shrink, indicating a decrease in market interest.

This technical form is extremely pessimistic and may trigger further sell-offs and price declines.

2. Development efforts failed to save the price

Worryingly, despite the efforts made by the Pi Network development team to enhance the token's utility, they have failed to prevent the price from falling:

· Linux version of Pi Node released

· The more developer-friendly Pi App Studio is launched.

· Establishment of a 200 million USD risk fund

These measures have not effectively boosted the PI price, indicating that the market continues to doubt the project's prospects.

Analysts believe that the only lifeline for Pi Coin may be its listing on mainstream exchanges such as Binance, Coinbase, Kraken, or Bitstamp. If this goal can be achieved, PI may rebound to 1-2 USD by the end of the year; otherwise, the price may further decline.

PEPE: Whales are accumulating in large quantities, expected to rise significantly in the fourth quarter

(Source: Trading View)

Pepe (PEPE) is currently trading at $0.0000059762, down 7.5% in the last 24 hours, with a monthly decline of 14%. However, PEPE has still risen by 18% over the past year. Although the increase is relatively moderate compared to other crypto assets, this may indicate that there is more room for significant gains in the future.

The technical indicators show a rebound is imminent

The technical indicators for PEPE show that after signs of a rebound last week, the price has once again entered the oversold zone:

· The RSI has just fallen below 40 and may further test down to 30 or lower levels.

· Once the RSI bottoms out, the price usually experiences a strong Rebound.

· The price is close to a key support level, providing a good risk-reward ratio.

· Whale accumulation suggests a positive outlook

The most encouraging signal is that large holders (commonly known as “whales”) have been accumulating a significant amount of PEPE tokens over the past week. This behavior usually indicates that insiders have an optimistic outlook on future price trends.

Based on these factors, analysts provide the following price prediction for PEPE:

· This weekend: Rebound to $0.000010

· November: Pumped to $0.000020

· By the end of the year: Expected to reach 0.000050 USD, an increase of over 700% compared to the current price.

Investment Strategy: How to Respond to Current Market Volatility

In the face of current market volatility, investors should consider the following strategies:

XRP: Use the current pullback to establish or increase positions in preparation for the upcoming ETF approval.

PI: Exercise caution, avoid additional investments unless there is clear news about listings on mainstream exchanges.

PEPE: Consider gradually building positions at the current oversold levels to prepare for a potential significant pump in the fourth quarter.

As the market enters the end of September and the fourth quarter, the price trends of these three crypto assets may show significant divergence. Investors should closely monitor technical indicators and fundamental developments to adjust their investment strategies in a timely manner.