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Cryptocurrency News Articles

Cryptocurrency Market Shows Positive Trend in May 2025, Three Altcoins-Ripple (XRP), Pi Network (PI), and Pepe Coin (PEPE)-Show Significant Growth Potential

May 13, 2025 at 09:17 am

The cryptocurrency market showed a positive trend in May 2025, driven by US President Donald Trump's statement downplaying inflation concerns

The cryptocurrency market showed a positive trend in May 2025, driven by US President Donald Trump’s statement downplaying inflation concerns ahead of the release of US Consumer Price Index (CPI) data.

In this context, three altcoins—Ripple (XRP), Pi Network (PI), and Pepe Coin (PEPE)—showed potential for significant growth.

1. Ripple (XRP): Chart Pattern Points Toward Continuation of Uptrend

Ripple (XRP) experienced a 10% price increase in the last 24 hours, reaching Rp42,984 (US$2.60).

The “inverse head and shoulders” chart pattern formed suggests a possible continuation of the uptrend towards IDR49,560 (US$3). If XRP manages to break this level, there is potential for it to reach its previous high.

This rise was also supported by Ripple’s US$100 billion increase in market capitalization since the victory in the lawsuit with the SEC. This indicates growing investor confidence in XRP’s long-term prospects.

Also Read: Bitcoin Approaches Rp1.74 Billion: Trend Analysis and Challenges May 2025

2. Pi Network (PI): Surging Price and Market Speculation

Pi Network (PI) has recorded a price increase of more than 100% in the last seven days, reaching IDR 21,476 (US$1.30).

This increase was triggered by market speculation regarding a major announcement from PI’s development team. If PI manages to break the resistance level of IDR29,611 (US$1.79), it has the potential to reach IDR46,725 (US$2.83).

Technical indicators such as the Average Directional Index (ADX) show a strong uptrend, supporting a bullish outlook for PI in the near term.

3. Pepe Coin (PEPE): Upside Potential Amid Golden Cross Pattern

Pepe Coin (PEPE) shows a potential price increase with the formation of a “golden cross” pattern on the daily chart, where the 20-day moving average crosses above the 200-day moving average.

If this pattern is confirmed, PEPE has the potential to reach the 161.8% Fibonacci level at IDR396 (US$0.000024).

The Awesome Oscillator (AO) indicator showing increasingly long positive bars supports this possible uptrend.

Conclusion

These three altcoins—Ripple (XRP), Pi Network (PI), and Pepe Coin (PEPE)—are showing potential for significant growth amid positive market sentiment and President Trump’s statement downplaying inflation concerns.

Investors are advised to conduct in-depth analysis and consider risk factors before making investment decisions.

Also Read: Bitcoin Tests Momentum Strength Above Rp1.74 Billion: Analysis and Challenges

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Other articles published on May 13, 2025