XRP News Today: XRP Eyes 7.44% Surge to $2.33 as Bitcoin Momentum Returns Pi Coin Drops 4% to $0.5104 Despite Platform Upgrades Cardano Targets $9.5 or $37.5 on Analyst Forecast

On June 30, the cryptocurrency market experienced notable fluctuations, with Bitcoin retreating from its peak. Analysts have identified several cryptocurrencies, including XRP, Pi Coin, and Cardano, as potential movers in the market. XRP is eyeing a breakout above $2.20, with strong support holding at $2.07. A rally for XRP could follow if Bitcoin surges and market momentum returns. According to analysts, a 7.44% upswing from the current price level could bring XRP to the hurdle at $2.33, probed on June 16, with the highest peak of June at $2.65, implying a 22% move.

Pi Coin has seen a 4% drop in the past 24 hours, falling to $0.5104 as the broader crypto market declines by 1.5%. Despite this, Pi Network has been steadily upgrading and improving its platform. On Pi2Day, the network introduced an AI-powered app builder and Ecosystem Directory Staking, features aimed at enhancing usability and attracting new users and developers. However, the wider crypto ecosystem has not shown significant interest in these upgrades, with Pi Coin continuing to show weakness. Technical indicators suggest that Pi Coin could slip below $0.50 in the next week or so, potentially reaching $0.45 or $0.40 before bottoming out. Nevertheless, the long-term implications of these upgrades are positive, as they improve the network's utility and attract developers, apps, and users. If market conditions improve, Pi Coin could begin recovering more steadily and potentially reach $1 again within a few weeks.

Cardano, another cryptocurrency under the spotlight, has also seen fluctuations. According to analyst Egrag Crypto, XRP could be gearing up for a significant move, with two possible targets set at $9.5 or $37.5, based on historical patterns. This prediction highlights the potential for substantial gains if the market conditions align favorably. However, it is important to note that these are analyst forecasts and not guaranteed outcomes. The actual performance of these cryptocurrencies will depend on various factors, including market sentiment, regulatory developments, and technological advancements. Investors should approach these predictions with caution and conduct their own research before making any investment decisions.