Top crypto price predictions today: Pi Network, Pepe Coin, Zcash

The crypto market remained on edge during the weekend as investors reacted to the elevated crude oil prices and the upcoming Federal Reserve interest rate decision. Bitcoin and Ethereum to $77,000 and $2,500, respectively, while the Crypto Fear and Greed Index has moved to 68. This article provides a forecast for some of the top tokens like Pi Network (PI), Pepe Coin (PEPE), and Zcash ($ZEC).

Pi Network price prediction

Pi Coin price has moved upwards in the past few days. It has jumped from a low of $0.0715 in July to the current $0.097 as focus remains on the upcoming V27 upgrade. This upgrade will improve its smart contracts features.

Technicals suggest that the coin may be on the cusp of a bearish breakout, potentially to theall-time high. For one, it has formed a rising wedge chart pattern. This pattern is made up of two ascending and converging trendlines.

In most cases, a bearish breakout normally happens when the two lines are about to converge. At the same time, the token remains below the 100-day Exponential Moving Average (EMA), while the Relative Strength Index (RSI) has formed a bearish divergence pattern.

Therefore, the most likely scenario is that the coin forms a bearish breakout, potentially to the year-to-date low of $0.07156. The bearish outlook will become invalidated if it moves above the key resistance level of $0.1110.