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Crypto News Update: March 13, 2025 – Market Movements and Updates

On March 13, 2025, Bitcoin is at $82,700; Ethereum is testing support at $1,905; and XRP is recovering at $2.20. Additionally, Pi Network’s price surged 20% ahead of its anniversary. Overall, the market is buoyed by softened U.S. CPI data and the potential resolution of Ripple’s lawsuit.

On March 13, 2025, Bitcoin is trading around $82,700 after a recovery of 5.52% from a recent dip below its 200-day EMA of $85,664. The cryptocurrency found support at $78,258, with the RSI indicating a potential recovery toward $85K, barring a close below $78,258, which could see it drop to $73K. Ethereum is testing its weekly support at $1,905; a failure here could see it decrease to $1,700, while a rebound could aim for $2,359 as its RSI shows weakness at 32. XRP demonstrated a 7.4% recovery to approximately $2.20, supported at $1.96, with potential upward movement toward $2.72.

In conclusion, the cryptocurrency market is displaying notable activity, with Bitcoin, Ethereum, and XRP showing varying recovery patterns. Additionally, the upcoming Pi Day appears to be driving interest in Pi Network with a significant price surge and increasing trading volume. Positive market sentiment is bolstered by improved inflation outlooks, while Ripple’s lawsuit nearing resolution suggests a cautious but optimistic future for XRP investors.

Original Source: coinpedia.org

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