Top cryptocurrencies to watch this week: Aptos, Pi Network, Pepe
This week’s crypto market hinges on the U.S. Consumer Price Index (CPI) report, which could steer Federal Reserve interest rate decisions and spark major price moves.
With inflation data expected to show modest rises, investors are eyeing potential rate cuts that could fuel bullish momentum.
Against this backdrop, three tokens—Pepe (PEPE), Aptos (APT), and Pi Network (PI)—stand out for their distinct technical setups and market catalysts.
From Pepe’s strong whale accumulation and bullish patterns linked to Ethereum’s surge, to Pi Network’s rebound at critical support levels, and Aptos facing token unlock pressures within a descending channel, these coins embody the key themes and risks shaping crypto trading this week.
Summary
- Economists expect the data to show that the headline consumer price index rose to 2.8%.
- Pepe Coin price will likely continue rising as whale buying continues.
- Pi Network may be about to have a strong breakout after hitting a key resistance.
Pepe
Pepe will be a top cryptocurrency to watch this week as Ethereum price surge continues, whale accumulation goes on, and an ascending triangle pattern forms.
Whales hold 9.02 trillion Pepe coins, a 10% increase in the last 30 days, while exchange balances have crashed. At the same time, Ether has jumped to over $4,000, a trend that may continue this week. Pepe and other ERC meme coins often do well when Ethereum is rising.
The daily timeframe chart shows that Pepe has moved above the 50-day and 100-day moving averages. It has also formed an ascending triangle pattern, which often leads to a strong breakout. A move above the resistance at $0.000014 will point to more gains.
Pi Network
Pi Network will be a top cryptocurrency to watch this week as it rebounded to a crucial resistance level. After crashing to an all-time low of $0.3198 on August 2, it has moved back to $0.400.
The current price is important because it has coincided with the lowest swing in April and June this year. Pi Coin is also attempting to cross the 50-period moving average and is at the tip of the falling wedge pattern.
Therefore, it is likely that the token will have a bullish breakout, with the next point to watch being at $0.6732, its highest point in June. A drop below the support at $0.3198 will invalidate the bullish Pi forecast.
Aptos
Aptos will be another top crypto to watch this week as the network unlocks tokens worth $53.95 million, which is equivalent to 1.68% of the float. APT will have more unlocks in the future as just 51% of the tokens have been unlocked.
The daily chart shows that the APT price has been under pressure in the past few years. It crashed from a high of $15.2 in December to the current $4.60.
Most recently, the token has formed a descending channel and is slightly below the 50-day and 100-day moving averages. Therefore, the token will likely resume the downtrend and hit the lower side of the channel at $4.
