Jupiter (JUP) and Ripple (XRP) Price Predictions as Bitcoin (BTC) Price Stabilizes

This week's top-performing cryptocurrencies were PancakeSwap, SPX6900, Official Trump, Sonic, and Jito. This article looks at some of the standout tokens during the week, including Ripple (XRP), Jupiter (JUP), and Pepe (PEPE).

Bitcoin price remained above the key level of $70,000 on Friday, while several altcoins, especially in the Solana ecosystem, rebounded. This price action happened even as economic risks unfolded this week, with US inflation hitting the 3% level in January.

Still, the top cryptocurrency’s price remained largely stable as several altcoins stole the show. Here are some of the standout tokens during the week.

Top crypto price forecasts

This week’s top-performing cryptocurrencies were PancakeSwap, SPX6900, Official Trump, Sonic, and Jito. This article will highlight some of the standout tokens during the week, including Ripple (XRP), Jupiter (JUP), and Pepe (PEPE).

Jupiter (JUP) price prediction

The Jupiter token has been in the spotlight in the past few months as it has grown to become the second-largest player in the perpetual futures industry after Hyperliquid. It handled futures contracts to the tune of $5.35 billion in the last seven days.

However, the JUP token has not fared well during this period as it has largely moved sideways. A closer look at the chart shows that it has formed a head and shoulders pattern whose neckline is at $0.6950, being its lowest swings since June last year. A H&S pattern is one of the most bearish formations in the market.

Jupiter is now consolidating at the 50-day and 100-day Exponential Moving Averages (EMA). Thus, the coin’s outlook is bearish, with the initial target being the neckline at $0.6950. A drop below that level risks it falling to a record low of $0.4390, down by 55% from the current level. A move above the upper side of the right shoulder at $1.2650 will invalidate the bearish outlook.

XRP price forecast

The XRP price soared on Friday as investors remained optimistic that the Securities and Exchange Commission (SEC) will approve a spot Ripple ETF. It has jumped from last week’s low of $1.7335 to $2.7345, being the weak, stop, reverse point of the Murrey Math Lines indicator.

The XRP token has crossed above the 50-day moving average, while the two lines of the MACD are about to form a bullish crossover pattern. It has crossed above the first support level of Andrew’s pitchfork tool.

Thus, the Ripple price will likely continue rising as bulls aim for the critical resistance point at $3.40, up by 17% from the current level. A drop below the strong pivot reverse level at $2.3438 will invalidate the bullish outlook.

XRP price has several catalysts, including the soaring XRP Army meme coin, Sologenic and Coreum, and the Ripple USD stablecoin. There are also rising odds that the SEC will approve a spot XRP ETF later this year.

Pepe Coin price analysis

Pepe, the third-largest meme coin in the industry, has slipped into a bear market, falling by 65% from its highest level in 2024. It has recently formed a death cross pattern as the 50-day and 200-day Weighted Moving Averages (WMA) crossed.

The coin is also forming a bearish flag chart pattern as it hovers at the bottom of the trading range of the Murrey Math Lines. Therefore, it will likely have a bearish breakdown and possibly drop to the key support at $0.0000058, being its lowest swing since October 5th last year.