Pepe Coin may continue to rise due to strong whale accumulation and an ascending triangle pattern. Pi Network may break out after hitting a key resistance, while Aptos faces token unlock pressures within a descending channel. The US CPI report is expected to show modest rises, potentially leading to rate cuts and bullish momentum in the crypto market.
The cryptocurrency market continues to show signs of recovery and growth, with several notable developments driving price movements. Pepe Coin, Pi Network, and Aptos are among the coins experiencing significant activity.
Pepe Coin
Pepe Coin has been gaining momentum due to strong whale accumulation and the formation of an ascending triangle pattern. According to market analysts, the accumulation strategy indicates a bullish sentiment among large investors, who are positioning themselves for potential price increases. The ascending triangle pattern, characterized by higher lows and a resistance level, suggests that the price may continue to rise. As of July 2, 2025, Pepe Coin is trading at a higher level, reflecting the positive market sentiment [1].
Pi Network
Pi Network has shown early signs of a potential breakout after hitting a key resistance level. The coin has been trading within a descending channel, indicating a period of consolidation. However, recent market data suggests that the price is approaching the resistance level, which could lead to a breakout. The formation of a double-bottom pattern has also been noted, further indicating a potential bullish trend. The upcoming Stellar upgrade and the strengthening of KYB processes are expected to drive further gains in the Pi Network token [2].
Aptos
Aptos, the blockchain platform, has been facing token unlock pressures within a descending channel. Despite this, the platform has seen a significant rise in its APT token, driven by institutional buying and increased nighttime trading volume. The APT token surged by 7% to reach $4.62, indicating strong investor interest. The platform has also achieved a total value locked (TVL) of over $719 million, surpassing Solana and Stellar to rank third globally. These developments highlight the platform's appeal to enterprise-grade use cases and institutional players [3].
US CPI Report
The US Consumer Price Index (CPI) report, expected to be released on July 2, 2025, is anticipated to show modest rises. This could lead to rate cuts by the Federal Reserve, potentially creating a bullish momentum in the crypto market. Investors are closely monitoring the CPI report for any signs of inflationary pressure, which could influence their investment decisions in the cryptocurrency sector.
In conclusion, the cryptocurrency market is showing signs of recovery, with Pepe Coin, Pi Network, and Aptos experiencing significant price movements. The US CPI report is expected to have an impact on the market sentiment, potentially driving further bullish momentum. Investors should keep a close eye on these developments and adjust their strategies accordingly.
References:
[1] [Jack Dorsey’s Block Adds 108 BTC, Nears $1B in Holdings](https://coinmarketcap.com/community/articles/689612101214ff464aa19015/)
[2] [Pi Coin Price Targets 40% Rally as Market Interest Surges](https://coingape.com/markets/pi-coin-price-prediction-as-2-key-upgrades-fuel-2-8m-exchange-outflows-is-it-finally-time-for-bull-rally/)
[3] [Aptos' APT Surges 7% as Institutional Demand Drives Price Action](https://www.ainvest.com/news/aptos-apt-surges-7-rwa-tvl-hits-719m-rising-institutional-demand-2508/)
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