Crypto Market Update: ETH, BTC, XRP, Pi & PepeNode
**Disclaimer: Crypto is a high-risk investment. This article is for informational purposes only and does not constitute financial advice. You can lose all of your money.**
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### Ethereum Hits New All-Time High, Holds Strong Support
Ethereum (ETH) recently hit a new all-time high of $4,950 in August, solidifying its position as the top altcoin in the crypto market. This surge helped energize the entire altcoin scene, with many ETH-based projects gaining momentum. While the price has since cooled off, overall sentiment remains bullish.
Currently, Ethereum is holding strong at around $4,280, which is a key support level. If ETH can push back above $4,490, the next resistance levels to watch are $4,700 and $4,800. Breaking those could open the door to another run toward $5,100.
Technical indicators are showing mixed signals. The RSI is near 36, suggesting ETH may be oversold and ready for a bounce. However, the MACD is still negative, meaning momentum hasn’t turned bullish yet—but that could change quickly if buying volume picks up. As long as Ethereum stays above $4,070, there’s room for recovery and possibly new highs.
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### Bitcoin Struggles After Sharp Drop but Shows Signs of Recovery
Bitcoin had a rough ride in August. After reaching a high of $124K, it dropped below $107K before bouncing back above $110K. The market feels shaky right now, and price support could slip again if investor confidence weakens.
A possible U.S. interest rate cut in September—currently expected with 96% certainty—is adding uncertainty to the mix. Despite this, long-term projections remain bullish according to DeepSeek AI.
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### XRP Could Hit $5+ If ETF Is Approved
XRP has had a wild year in 2025. After beating the SEC in court, its price soared past $1 and gained over 400%. DeepSeek AI believes this momentum isn’t over yet and predicts XRP could go above $5—especially if an ETF approval comes through.
A massive transfer of XRP tokens from a whale wallet linked to Kraken suggests big players are preparing for another rally. Adoption is also growing fast. The launch of the XRP Mastercard has pushed Ripple into the trillion-dollar credit card industry.
Bloomberg reports an 85% chance that an XRP ETF will be approved by October. This could bring serious institutional investment into XRP. Meanwhile, B3 Network and XRP Commons are working together to add gaming functionality to the XRP Ledger (XRPL), giving it more real-world utility.
Technically, XRP has been consolidating around $2.80. If it breaks above $3.60, it could head toward new highs. Key support levels to watch are $2.50 and $2.30.
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### Pi Coin Eyes $1 Target with Strong Community Support
Pi Coin (PI) has dropped significantly since launch—down 88% from its peak at $2.80 to around $0.34 now. But DeepSeek AI is still bullish due to Pi’s large and growing user base.
Recent updates are helping fuel optimism. A Linux version of Pi’s node software has been released, making it easier for developers and validators to join the network. Pi also introduced App Studio, allowing users to build applications even without coding experience.
The RSI for PI is at 44, leaving room for upward movement. While MACD is flat for now, it’s showing early signs of a shift in momentum.
Important resistance levels are $0.80, $1.10, and $2.50. If PI clears these levels, the coin could reach DeepSeek’s target of $4—driven mainly by its strong community engagement.
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### PepeNode Offers High Rewards for Early Adopters
PepeNode is a new meme-based cryptocurrency that rewards users through a virtual mining system. It’s more than just a joke coin—it also serves as a governance token that lets users vote on future platform changes.
So far, PepeNode has raised over $675K to fund its mining project. Users can buy “meme nodes,” upgrade them, and earn rewards in PEPENODE tokens. Each reward cycle also includes token burns to reduce supply and increase scarcity.
The platform uses a tiered node system—early adopters get more powerful nodes and higher returns. Right now, staking rewards are at an impressive 2,914%. PEPENODE tokens are distributed at a rate of 3,001 per Ethereum block over a two-year period.
To get in early on PepeNode, you can join the presale using ETH, BNB, or USDT (ERC-20 or BEP-20). Credit and debit cards are also accepted for convenience.
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### Key Takeaways
– **Ethereum** is holding strong after hitting $4,950; watch for support at $4,280 and resistance at $4,700.
– **Bitcoin** remains volatile but shows signs of recovery after a sharp drop.
– **XRP** could surge past $5 if ETF approval happens; major partnerships and adoption support the bullish case.
– **Pi Coin** is down but not out; strong community and new tools could drive prices higher.
– **PepeNode** rewards early adopters with high staking returns and deflationary tokenomics.
Stay alert—crypto markets move fast, and timing can make all the difference.