3 Crypto that Plummeted in Early April 2025!

Updated
April 8, 2025
Gambar 3 Crypto that Plummeted in Early April 2025!

Jakarta, Pintu News – The first week of April 2025 started optimistically, with market participants hoping that market conditions would improve. However, this was not the case as a number of crypto prices actually experienced a decline.

This decline brings up various questions, including whether the market has truly entered a bearish cycle. While that remains uncertain, longtime CCN revealed this week’s three worst-performing crypto assets among the top 100 cryptos.

In this analysis, an explanation of the reasons behind the decline and what might happen next to these crypto assets will be discussed.

Pi Network (PI)

PI became the crypto with the biggest drop this week after its price fell by 36%. At the beginning of the week, the PI price was at $0.73, but is now only trading at $0.52.

Read also: Pi Network Criticized for KYB Delay, PiDaoSwap Launches NFTs on Binance Chain!

This drop in PI price may not come as much of a surprise to market watchers, especially since enthusiasm for the crypto is already far less than when it first launched.

Based on findings from CCN (4/4/25), PI’s price correction was caused by immense selling pressure. In the 4-hour chart, PI has been on a downward trend since reaching an all-time high of $2.99 on February 26.

Source: TradingView via CCN

As seen in the chart, the Awesome Oscillator (AO) indicator also confirms this downward trend with values remaining in the negative zone. The negative AO value indicates that bearish momentum still dominates.

If this trend continues, it is likely that PI will not recover soon and could actually hit a new low below $0.52. To reverse this downward trend, the price of PI must be able to break the resistance level at $0.73. If that happens, then the price has the potential to rise towards the $1 range.

Story (IP)

IP, the native token of Story Protocol, is also on the list of the worst performing cryptos this week. In the last seven days, the price of IP has recorded a 25% drop.

Based on the 4-hour chart (4/4/25), IP has been in a falling channel pattern since March 25. During this pattern, the Chaikin Money Flow (CMF) indicator has remained below the zero signal line, indicating persistent distribution or selling pressure.

Source: TradingView via CCN

If these conditions don’t change, the value of IP could potentially drop further, and could even fall from $4 to $2.93, as shown in the chart.

However, this downside scenario can be avoided if the buying pressure increases and the CMF value rises above the signal line. Under these conditions, the price of IP has a chance to surge up to $5.46 at the Fibonacci golden ratio level of 0.618.

Jupiter (JUP)

Like PI, the price of Jupiter also recently hit an all-time low after falling 23.5% in the past seven days.

However, there are indications that JUP may soon experience a recovery. This is supported by the upward movement in the Chaikin Money Flow (CMF) and Money Flow Index (MFI) indicators.

Read also: 3 Cryptos that Catch Investors’ Attention in Early April 2025!

Although both are yet to break the signal line, increased buying pressure could confirm the potential recovery.

Source: TradingView via CCN

If this scenario materializes, the price of JUP is expected to rise to the $0.51 level. In fact, if overall market conditions improve, the value could increase to $0.62.

Conversely, if the CMF and MFI indicators fail to move higher, this upside prediction could become invalid. In that situation, JUP is likely to drop again and print a new low.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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