Crypto prices started the week relatively well after Donald Trump extended his European tariff deadline to July. Bitcoin price jumped to $110,000, while the market cap of all coins jumped to $3.57 trillion. This article provides top forecasts for trending cryptocurrencies like Pepe (PEPE), Sui (SUI), and Zebec Network (ZBCN).
Zebec Network price analysis
Zebec Network price has gone parabolic in the past few weeks, moving from a low of $0.0007085 earlier this month to $0.005500, a 642% surge that has pushed its market cap to over $460 million.
This surge happened as the Solana ecosystem rebounded and as investors embraced its technology. For starters, Zebec is a blockchain project in the payment and real world asset tokenization industry.
It offers Zebec debet cards and other RWA solutions. According to its website, it has over 50,000 users and over 250 payroll enterprise clients.
The daily chart shows that the ZBCN token price went parabolic and crossed the important resistance level at $0.002135, its highest point on February 22. By moving above that level, the coin invalidated the double-top chart pattern.
ZBCN price has moved above all moving averages, a sign that bulls are in control. However, oscillators like the Relative Strength Index (RSI) and the Stochastic have moved to the overbought level.
Therefore, while the uptrend may continue, there is a risk that the Zebec price will have a harsh reversal in the next few days. This retreat will happen because of profit-taking among investors and mean reversal.
Mean reversal is a situation where an asset moves back to its moving average levels. If this happens, the most likely scenario is where Zebec price drops and retests the support level at $0.002135 and then resumes the uptrend.
Pepe price technical analysis
Pepe, the giant Ethereum-based meme coin, has done well this year as it moved from a low of $0.000005252 on March 11 to $0.000015 tody. The coin has formed a golden cross pattern as the 50-day and 200-day moving averages have crossed each other.
Pepe has also formed a bullish flag pattern, a popular continuation sign. Therefore, there is a likelihood that the coin will continue rising as bulls target the all-time high of $0.00002823. If this happens, the coin will rise by about 96% from the current level.
Read more: Pepe coin price prediction: 3 reasons this meme coin will surge
Sui price technical analysis
Sui Network has been in the spotlight in the past few days after the giant $220 million hack on its biggest DEX platform. As we wrote last week, the hack will likely have a minimal impact on its operations in the long term.
The daily chart shows that the Sui price has remained at $3.65 on Monday, a few points above the 50-day and 200-day moving averages. It has formed a bullish pennant pattern, a popular continuation sign.
Therefore, the Sui price will likely have a bullish breakout in the coming days as bulls target the year-to-date high of $5.3570, the highest point in January this year. This price target is about 47% above the current level.
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