The crypto market is subject to a neutral market sentiment even as the bulls remain in control. Subsequently, majors like Ripple and Ethereum are range-bound while their steady fundamentals support the prices.
On the other hand, more savvy investors are shifting their focus to meme crypto projects with the potential to revolutionize the industry. One such entity is Bitcoin Pepe.
In fact, it is presented as the missing puzzle piece in the Bitcoin network. Through its mission of building “Solana on Bitcoin”, it is creating a platform defined by low fees, speedy transactions, and the ability to launch meme coins on the most steady crypto network. Notably, investors have an opportunity to rake in hefty returns within a relatively short period.
Ripple lacks enough momentum for a weekly gain despite steady fundamentals
Ripple price has held steady above the crucial support zone of $2.5000 even as it lacked enough buyers to lock in the second weekly gain in a row. On the one hand, a neutral market sentiment in the broader crypto sector has pushed buyers to the sidelines. Even so, the bulls remain in control as XRP ETFs and heightened global adoption is set to bolster the crypto to January levels.
In the near term, the bulls are striving to break the resistance at $2.7385. Past that level, the next target will be at $2.9100. On the lower side, a pullback past $2.5000 will still have the bulls in control as $2.3357 remains a steady support level.
Bitcoin Pepe: The missing puzzle on Bitcoin’s network
Bitcoin, the leading cryptocurrency, began with no intrinsic value about 15 years ago and has since grown to a market cap of $1.9 trillion at $96,278. Bitcoin Pepe has emerged as a project whose mission is to revolutionize the BTC network by transforming it into a meme coin hub.
This explains why an overwhelming number of savvy investors are rushing to amass BPEP tokens ahead of its listing in Q2’25. Besides, President Trump has made clear his intentions to foster a pro-crypto environment.
Subsequently, Bitcoin Pepe has become so popular that within the first 24 hours of its presale launch, it raised over $1 million. 11 days later, it has already reached stage 5 of the total 30 stages; raising over $2.8 million.
With 25 more stages before it hits the public shelves, early adopters have an apt opportunity to buy BPEP tokens at the current price of $0.0255 and watch their investment yield hefty returns. By the end of the presale, the token price is set to have increased by a total of 311.4% to $0.0864. Read more on how to buy Bitcoin Pepe.
Ethereum price analysis: Neutral outlook with a bullish bias
Ethereum price recorded its second week of gains after plunging to a 5-month low earlier in February. Even so, it continues to trade below the 25 and 50-day EMAs. In the absence of a key immediate-term bullish catalyst, the crypto may remain under pressure for a while longer.
At its current level, the range between $2,543 and $2,804 is still worth watching. If successful at breaking the resistance along the range’s upper limit, the bulls will have a chance to retest the crucial support-turn-resistance zone of 2,950. However, a decline past $2,500 will invalidate this thesis.
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