The cryptocurrency sector is beginning September on a positive note, showing resilience after the turbulence of August. Investor sentiment is gradually improving, with total market capitalization climbing by about 1% in the past 24 hours to nearly $3.95 trillion. This steady rebound reflects the broader recovery trend that market watchers have been anticipating.
Much of this momentum is supported by global macroeconomic factors, including expectations of potential U.S. Federal Reserve rate cuts, easing inflationary pressures, and a resurgence of institutional interest in digital assets. Against this backdrop, certain altcoins are standing out with notable performances. XRP, Dogecoin, and Pi Coin are among today’s strongest movers, each showing distinctive technical patterns and market signals. Their collective performance underscores the blend of established tokens and newer entrants driving today’s market optimism.
This article provides insights into the Crypto Price Prediction Today 8 September – XRP, Dogecoin, Pi Coin, analyzing their latest price action and what may lie ahead.
XRP (Ripple): Signs of a Bullish Turn
XRP is trading close to $2.92, recording a 3% daily gain and up 3.5% weekly, though still down 12% over the past month. Despite the short-term pullback, XRP’s 12-month growth of over 450% confirms its long-term strength.
Technically, XRP has broken above a pennant formation that had been consolidating since mid-July. The RSI is now holding above 50, signaling renewed bullish energy. If this momentum continues, XRP could retest the $3.00 barrier in the near term and potentially aim for $3.50 by October, especially if macroeconomic policies turn more supportive.
Dogecoin (DOGE): Momentum-Fueled Gains
Dogecoin is leading today’s altcoin rally, soaring nearly 7.5% in the last 24 hours and posting similar weekly progress. Even though DOGE remains about 68% below its all-time high of $0.7316, market indicators point toward renewed strength.
The coin has surged above its pennant resistance line, while the RSI sits comfortably above 50. Additionally, the MACD is close to confirming a bullish crossover. These signals collectively suggest Dogecoin may be preparing for further gains, particularly if market sentiment remains upbeat heading into the fourth quarter.
Pi Coin (PI): Oversold Yet Promising
Pi Coin, priced near $0.3472, has seen modest progress, climbing 1% today but falling 1.5% on the week and 13% over the month. Compared with its February high of $2.99, Pi is trading nearly 88% lower, reflecting deep undervaluation.
From a technical perspective, Pi appears oversold, leaving room for upside correction. Should external conditions improve, such as a potential Fed rate cut, Pi could recover toward $1 in the short term and possibly revisit $2 during year-end bullish waves.
Conclusion: What Traders Should Expect
- XRP is positioned to retest $3.00 and may extend toward $3.50 if momentum holds.
- Dogecoin continues to show strong breakout potential, supported by bullish technical signals.
- Pi Coin, though still speculative, could rebound if macroeconomic conditions shift in its favor.
With these factors aligning, September could open doors for significant trading opportunities, especially for those keeping a close watch on these three highlighted cryptocurrencies.
