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Bitcoin Pepe in focus as BTC seen ‘ripping forward with a vengeance’

Bitcoin has been consolidating for several weeks now amidst continued uncertainty on tariffs that many believe could trigger a recession before the end of 2025.  

The macro environment is what’s slamming the breaks on capital flowing into the world’s largest cryptocurrency by market cap.

But once the backdrop shifts in the coming weeks, BTC “will rip forward with a vengeance,” according to MicroStrategy executive chairman Michael Saylor.

And a return of upward trajectory in Bitcoin may boost interest in other digital assets, including the meme coins, as it typically does, in the back half of 2025.

That’s what makes the up-and-coming Bitcoin Pepe an exciting investment for crypto enthusiasts at the time of writing.

Why are Saylor’s remarks positive for Bitcoin Pepe?

Saylor sees Bitcoin as the only “long-term store of value” that’s worth investing a billion dollars in in 2025.

While the industry expert is known for his bullish remarks on BTC only, his view bodes well for the market at large, including Bitcoin Pepe, since they add to optimism surrounding the future of cryptocurrencies. 

When a veteran like Michael Saylor discusses the crypto market, enthusiasts tend to read it as a sign of legitimacy, driving more capital into cryptocurrencies.

And let’s face it: Bitcoin at over $80,000 looks inaccessible to retail investors.

Instead of buying a fraction of BTC, they typically prefer building a sizable position in a meme coin with about $100, hoping only a few cents of increase in the meme coin could bring them a big return within a matter of months.

Note that meme coins are known for offering explosive returns in their initial stages – that’s what may help drive capital into Bitcoin Pepe as the BTC starts to recover.

Bitcoin Pepe seems to be firing on cylinders

Bitcoin Pepe could emerge as the top meme coin that benefits from the expected Bitcoin recovery as it’s being advertised as the “world’s first Bitcoin meme ICO.”

The narrative, which essentially suggests it’s a close relative of Bitcoin, has been sitting so well with the investment community that the native token has raised more than $5.6 million already in presale.

Continued demand for Bitcoin Pepe indicates it may invite more capital once it lists on a crypto exchange after the presale, which could help drive its price significantly up as we advance through the rest of 2025.

Additionally, the broader macro environment is expected to turn the corner in the coming months, given the Fed continues to see two more rate cuts this year.

Together, these factors make Bitcoin Pepe an exciting meme coin to invest in today.

If you want to learn more about the native digital token first, you should click here to visit its website now.

The post Bitcoin Pepe in focus as BTC seen ‘ripping forward with a vengeance’ appeared first on Invezz

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Top crypto price predictions: Fartcoin, Ethena, Pi Network

Crypto prices held steady on Monday morning as investors cheered the new reporting on Donald Trump’s tariffs. The reciprocal tariffs expected on April 2 will not include industrial sectors like automobile and microchips. As a result, Bitcoin jumped above $86,000, while Ethereum moved above $2,000.

US equities also bounced back, with futures tied to the Dow Jones rising by 230 points, and the Nasdaq 100 rising by 150 points. This article looks at some of the top tokens like Fartcoin (FARTCOIN), Ethena (ENA), and Pi Network (PI).

Fartcoin price prediction

Fartcoin token price chart | Source: TradingView

Fartcoin, a top Solana meme coin, has done well in the past few weeks. It bottomed at $0.2140 this month, and has slowly started forming a rounded bottom pattern, a popular bullish continuation sign.

The eight-hour chart shows that the upper side of this rounded bottom is at $0.7153, its highest swing on February 11. It has also moved above the 50-period moving average, a sign that bulls are gaining momentum. 

The Relative Strength Index (RSI) and the MACD indicators have all pointed upwards, a sign that its surge is accelerating. Fartcoin has retested the crucial resistance point at $0.5750, the lowest swing on December 21 last year. 

It is now approaching the 23.6% Fibonacci Retracement point at $0.80. Therefore, the Fartcoin token price will likely keep rising as bulls target the key resistance level at $0.7153, its highest swing on February 11. A move above that level will point to more surge to the 50% retracement at $1.4745, up by 160% from the current level. A drop below the support at $0.40 will invalidate the bullish outlook.

Ethena price forecast

ENA price chart | Source: TradingView

Ethena has become a popular and large cryptocurrency, helped by its stablecoin known as the USDe and the fact that the World Liberty Financial has invested in it. Its USDe stablecoin has attracted over $5.3 billion in assets, making it the 26th biggest coin in the world. 

The USDe stablecoin has become popular because of its high yield, which stands at about 4%. It has almost 600k users. Ethena has also thrived because of its USDtb stablecoin, which has attracted over $1.18 billion in assets. 

However, ENA has not done well in the past few months as its price crashed from a high of $1.3265 on December 16 to a low of $0.3378. This crash is mostly because of the ongoing crypto sell-off and the fear that its stablecoins may crash like Terra.

There are signs that ENA price has bottomed at $0.3378, while the MACD and the Relative Strength Index (RSI) has formed a bullish divergence pattern. Therefore, the token will likely keep rising as bulls target the key resistance at $1, which is about 160% from the current level.

Pi Network price analysis

Pi Network price chart | Source: TradingView

The two-hour chart shows that the Pi Network token peaked at $3, and has now crashed below the key support at $1. It has dropped below all moving averages, a sign that bears are in control for now.

On the positive side, the Pi coin price has formed a falling wedge pattern. The upper side of the wedge connects the highest swings since February 28. On the other hand, the lower side of the line connects the lowest points since March 2. The two lines are now nearing their confluence level. 

Therefore, there is a possibility that the Pi coin price will soon stage a strong comeback, potentially to $1.80, up by 86% from the current level. This price is its highest swing on March 18.

The post Top crypto price predictions: Fartcoin, Ethena, Pi Network appeared first on Invezz

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South Korea’s Constitutional Court reinstates Han Duck-soo as acting president

South Korea’s Constitutional Court reinstated Prime Minister Han Duck-soo on Monday, overturning his impeachment and restoring him to his role as acting president.

The decision comes nearly three months after his suspension, adding another chapter to the country’s ongoing political turmoil.

The court ruling

Han took over as acting leader after President Yoon Suk Yeol was impeached in December over his controversial declaration of martial law.

However, Han himself was impeached on December 27, after clashing with the opposition-led parliament over judicial appointments.

On Monday, the Constitutional Court ruled 7-1 to strike down the impeachment, citing a lack of legal grounds to justify his removal.

Five justices agreed that the impeachment motion was valid, but said Han did not violate the constitution or any laws.

Two justices ruled that the impeachment itself was invalid, as it failed to pass with a two-thirds majority in parliament.

One justice voted to uphold the impeachment.

Following the ruling, Han immediately resumed his duties as acting president.

“I am grateful for the wise decision made by the Constitutional Court,” Han said in a televised statement, thanking the cabinet for its work during his suspension.

He pledged to focus on South Korea’s economic stability and geopolitical challenges, emphasizing the need for a steady leadership amid global uncertainties.

South Korea’s political crisis

South Korea has been grappling with its most severe political crisis in decades, following Yoon’s declaration of martial law on December 3.

The move sparked widespread opposition, leading to a parliamentary vote overturning the measure within six hours.

Amid the turmoil, multiple top officials have faced impeachments, resignations, and criminal charges.

During Han’s suspension, Finance Minister Choi Sang-mok stepped in as acting president while both Yoon and Han’s cases were under review by the Constitutional Court.

Han’s impeachment was based on accusations that he failed to stop Yoon from declaring martial law, as well as his refusal to appoint additional justices to the Constitutional Court and his opposition to special counsel bills targeting Yoon and First Lady Kim Keon Hee. Han has denied all wrongdoing.

During his time as acting president, Choi made some of the appointments to the court.

“I had no role in the martial law episode,” Han said during a February 19 hearing, urging the court to dismiss the charges.

With Han reinstated, attention now turns to the Constitutional Court’s upcoming ruling on Yoon’s impeachment, expected within days.

Yoon also faces a separate criminal trial on charges of leading an insurrection through his martial law declaration. If the court upholds his impeachment, a new presidential election must be held within 60 days.

Yoon’s martial law decision had alarmed South Korea’s allies, including the United States, where former President Joe Biden saw him as a key partner in countering China and North Korea.

The post South Korea’s Constitutional Court reinstates Han Duck-soo as acting president appeared first on Invezz

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US layoffs trigger espionage risks as Russia and China hunt informants: report

As the US government undergoes a significant shake-up under President Donald Trump and billionaire Elon Musk’s Department of Government Efficiency (DOGE), tens of thousands of federal employees are being forced out.

The scale and speed of these departures have created a rare opportunity for foreign adversaries like Russia and China to recruit insider threats, as per an AP report.

Intelligence and national security officials warn that the mass exodus poses a serious counterespionage challenge, especially as many of those leaving possess access to sensitive data and systems across critical agencies.

Layoffs surge past 100,000

Historically, around 100,000 US federal employees exit government service annually due to retirements or job changes.

However, in just three months of this year, the figure has surged far beyond typical levels, driven by a coordinated restructuring campaign led by DOGE.

The affected departments include agencies responsible for defence, trade, energy, and social services—each with access to classified or high-value information.

These agencies are responsible for storing and managing crucial datasets.

The Office of the US Trade Representative, for example, holds intelligence on ongoing negotiations that could be exploited by foreign governments.

The Pentagon manages detailed records on military capabilities, while the Department of Energy safeguards nuclear secrets.

Even the Internal Revenue Service and Social Security Administration manage digital infrastructure and systems that adversaries could potentially exploit.

New targets for foreign spies

Experts quoted in the report say the espionage threat is no longer limited to intelligence officers.

A growing number of foreign recruitment attempts are now aimed at technical staff, analysts, and bureaucrats with access to classified systems or proprietary data.

Former CIA officer John Schindler described DOGE’s cuts as increasing the odds of someone going rogue.

Former FBI agent Robert Hanssen and ex-CIA officer Aldrich Ames are infamous examples of how just one compromised individual can cause massive damage.

Hanssen’s betrayal of US operations in Russia led to the exposure and execution of American informants abroad.

These historical cases underscore why even one disgruntled worker leaving a federal agency could be dangerous.

The fear is that more exits—especially abrupt ones involving staff who feel mistreated or disillusioned—create fertile ground for recruitment efforts by foreign operatives.

Recruitment through LinkedIn

Recruitment strategies are evolving with technology. Adversaries no longer need to wait for potential informants to walk into embassies.

With online tools like LinkedIn, foreign intelligence services can easily identify and reach out to former US government workers searching for new employment, as per the report.

Schindler pointed out how easy it is to find potential candidates online by simply looking for phrases like “formerly at Department of Defense now looking for work.”

The use of fake job offers and interviews by adversaries to lure former staff into divulging sensitive data is also growing.

Some schemes even involve setting up shell companies and hiring former officials as “consultants”, who may unknowingly share critical information.

This method of indirect recruitment has precedent. Russia has previously paid unwitting Americans to carry out its objectives under the guise of legitimate contracts or work opportunities.

Intelligence leaks under review

The Office of the Director of National Intelligence (ODNI), led by Tulsi Gabbard, has pledged to crack down on information leaks.

While Gabbard’s recent announcement focused primarily on unauthorised media disclosures, ODNI acknowledged its intention to investigate all instances of improper data sharing, including those that may involve foreign agents.

Gabbard’s office stated it had received internal reports from intelligence community members who had previously raised alarms about potential insider threats but were ignored.

ODNI promised these warnings “will no longer be the case”.

Meanwhile, cybersecurity experts continue to stress the need for vigilance.

The post US layoffs trigger espionage risks as Russia and China hunt informants: report appeared first on Invezz

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South Korea’s Constitutional Court reinstates Han Duck-soo as acting president

South Korea’s Constitutional Court reinstated Prime Minister Han Duck-soo on Monday, overturning his impeachment and restoring him to his role as acting president.

The decision comes nearly three months after his suspension, adding another chapter to the country’s ongoing political turmoil.

The court ruling

Han took over as acting leader after President Yoon Suk Yeol was impeached in December over his controversial declaration of martial law.

However, Han himself was impeached on December 27, after clashing with the opposition-led parliament over judicial appointments.

On Monday, the Constitutional Court ruled 7-1 to strike down the impeachment, citing a lack of legal grounds to justify his removal.

Five justices agreed that the impeachment motion was valid, but said Han did not violate the constitution or any laws.

Two justices ruled that the impeachment itself was invalid, as it failed to pass with a two-thirds majority in parliament.

One justice voted to uphold the impeachment.

Following the ruling, Han immediately resumed his duties as acting president.

“I am grateful for the wise decision made by the Constitutional Court,” Han said in a televised statement, thanking the cabinet for its work during his suspension.

He pledged to focus on South Korea’s economic stability and geopolitical challenges, emphasizing the need for a steady leadership amid global uncertainties.

South Korea’s political crisis

South Korea has been grappling with its most severe political crisis in decades, following Yoon’s declaration of martial law on December 3.

The move sparked widespread opposition, leading to a parliamentary vote overturning the measure within six hours.

Amid the turmoil, multiple top officials have faced impeachments, resignations, and criminal charges.

During Han’s suspension, Finance Minister Choi Sang-mok stepped in as acting president while both Yoon and Han’s cases were under review by the Constitutional Court.

Han’s impeachment was based on accusations that he failed to stop Yoon from declaring martial law, as well as his refusal to appoint additional justices to the Constitutional Court and his opposition to special counsel bills targeting Yoon and First Lady Kim Keon Hee. Han has denied all wrongdoing.

During his time as acting president, Choi made some of the appointments to the court.

“I had no role in the martial law episode,” Han said during a February 19 hearing, urging the court to dismiss the charges.

With Han reinstated, attention now turns to the Constitutional Court’s upcoming ruling on Yoon’s impeachment, expected within days.

Yoon also faces a separate criminal trial on charges of leading an insurrection through his martial law declaration. If the court upholds his impeachment, a new presidential election must be held within 60 days.

Yoon’s martial law decision had alarmed South Korea’s allies, including the United States, where former President Joe Biden saw him as a key partner in countering China and North Korea.

The post South Korea’s Constitutional Court reinstates Han Duck-soo as acting president appeared first on Invezz

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USD/BRL analysis and the Brazilian real carry trade opportunity

The Brazilian real weakened slightly against the US dollar after last week’s Federal Reserve and Copom interest rate decisions. The USD/BRL exchange rate rose to a high of 5.7285 on Monday, its highest point since March 17. It remains about 10% below the highest point in December last year when the Brazilian real crashed. 

Fed and Brazil central bank decisions

The USD/BRL exchange rate has been in focus in the past few months as it became a key carry trade player. A carry trade is a situation where investors borrow a low-interest-rate earning currency and invest in a high-interest rate one. 

US and Brazilian interest rates have moved in the opposite direction in the past few months. In the US, the Federal Reserve has lowered rates from 5.50% in 2024 to the current 4.50%. The Brazilian central bank has been on a hiking cycle in the past few months.

The Fed has hinted that it will continue lowering interest rates. In its meeting last week, the Fed left interest rates unchanged as the dot plot pointed to two more cuts later this year. Some analysts predict more than two cuts if Trump’s tariffs derail the economy. Therefore, there is a likelihood that rates will end the year around 3.5%.

The Brazilian Central Bank, on the other hand, has been on a hiking cycle as it battles the steady inflation. Recent data showed that the headline Consumer Price Index (CPI) rose to 5.06% in February from 4.56% a month earlier. It has jumped from last year’s low of 3%. This inflation has grown partly because of the substantial government spending.

The bank hiked rates by 1% last week, the third consecutive time. It brought the benchmark interest rates to 14.25%, the highest point since 2016. However, officials hinted that the pace of hikes will be lower in the next meetings. Analysts see the bank hiking by 0.50% for the final period in May.

Carry trade opportunity

The divergent path of the Federal Reserve and the Brazilian Central Bank has created a carry trade opportunity. 

In this, investors are borrowing the US dollar and paying, in theory, 4.50%, and then investing in Brazilian government bonds. Data shows that the Brazilian ten-year government bonds are yielding about 15%, while the five-year are yielding 14.50%. These yields are much higher than those in the US.

A carry trade often works well, especially when the other currency is stable. In the Brazilian case, the real has jumped by almost 10% from its highest level in December last year, making the carry trade highly profitable.

The USD/BRL pair has also dropped because of the potential trade war between the US and China. Its implication is that Brazil will benefit from more agricultural exports to China now that the government has imposed tariffs on US crops. The challenge, however, is that Brazil is still facing a drought that may affect its output.

USD/BRL technical analysis

USDBRL chart by TradingView

The daily chart shows that the USD to BRL exchange rate peaked at 6.3130 on December 9 last year to the current 5.7285. It has moved below the key support at 5.8620, the highest swing on August 5 last year. 

The USD/BRL pair has formed a death cross pattern as the 50-day and 200-day Weighted Moving Averages (WMA) flipped each other. Therefore, the pair will likely continue falling as demand for the Brazilian real continue rising. Such a drop would see drop to the next key support at 5.50, down by 4% from the current level.

The post USD/BRL analysis and the Brazilian real carry trade opportunity appeared first on Invezz

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Here’s why the GoPro stock price has crashed

GoPro stock price has crawled back in the past few days as investors buy the dip. After hitting an all-time low of $0.6368 earlier this month, it has risen in the last six consecutive days, and is hovering at its highest point since February 25. It has also jumped by over 30% from its lowest point this year. So, is it safe to buy GPRO for long-term gains?

Why GoPro stock price has crashed from ATH

While GoPro share price has risen in the past few days, it remains down by almost 100% from its all-time high. Its market cap has plunged from over $3 billion at its peak to about $155 million today.

GoPro’s stock has plunged as the company has continued to suffer over the years. Its annual sales have dropped from $1.16 billion in 2021 to $801 million last year, and analysts anticipate that the slowdown will continue. 

GoPro’s main issue is that it remains to be a one-product company. While its action cameras are highly popular, its attempt to expand its business to other areas failed. The most notable one was the Karma, a drone that it wanted to complement its action cameras.

Karma failed because of the soaring competition in the drone industry. Most of this competition came from DJI, a Chinese company that dominates the industry today. GoPro also cited having margin pressures when it discontinued the service. 

The company now offers the Hero action camera, which it regularly updates. These upgrades are mostly on features like video stabilization, durability, resolution, and power.

While these updates are notable, most people don’t see the need to buy a new action camera unless when it is necessary. This explains why the company is now shipping fewer cameras than it did in the past.

At the same time, GoPro’s business model means that it is highly difficult to grow its subscriptions.

Read more: GoPro stock price collapsed in 2024: Will it recover in 2025?

GPRO growth is decelerating

The most recent data shows that the company’s performance continued to decelerate. It shipped 581,000 camera units during the quarter, down from 923,000 in the same period a year earlier. This slowdown will likely continue because of the reasons described above.

GoPro’s revenue dropped to $200 million in the fourth quarter from $295 million a year earlier. Its quarterly loss was $14.4 million a big reversal after the company made a $4.2 million profit in Q4’23. This loss was notable because the company reduced its staff from 930 in Q4’23 to 696. 

GoPro’s subscription business has stalled, with the subscription and service revenue coming in at $27.2 million, down from $27.5 million in the same period a year earlier.

Wall Street analysts anticipate that GoPro’s business will continue slowing in the coming years. The average estimate is that its first-quarter sales will be $124 million, down by 20% from a year earlier. For the year, the expectation is that the revenue will drop by about 8% to $738 million.

GoPro stock price analysis

GPRO stock chart by TradingView

The weekly chart shows that the GPRO share price has crashed in the past few years. It dropped from a high of $13.50 in 2021 to below $1. The stock has remained below all moving averages, a sign that bears are in control.

Therefore, the stock will likely continue falling in the coming months as its growth momentum eases. If this happens, the next point to watch will be at $0.50. On the positive side, however, there are signs that it may go through a short squeeze since it has formed a falling wedge pattern. If this happens, the GoPro stock price will soar to the 50-day moving average at $1.45.

The post Here’s why the GoPro stock price has crashed appeared first on Invezz

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US layoffs trigger espionage risks as Russia and China hunt informants: report

As the US government undergoes a significant shake-up under President Donald Trump and billionaire Elon Musk’s Department of Government Efficiency (DOGE), tens of thousands of federal employees are being forced out.

The scale and speed of these departures have created a rare opportunity for foreign adversaries like Russia and China to recruit insider threats, as per an AP report.

Intelligence and national security officials warn that the mass exodus poses a serious counterespionage challenge, especially as many of those leaving possess access to sensitive data and systems across critical agencies.

Layoffs surge past 100,000

Historically, around 100,000 US federal employees exit government service annually due to retirements or job changes.

However, in just three months of this year, the figure has surged far beyond typical levels, driven by a coordinated restructuring campaign led by DOGE.

The affected departments include agencies responsible for defence, trade, energy, and social services—each with access to classified or high-value information.

These agencies are responsible for storing and managing crucial datasets.

The Office of the US Trade Representative, for example, holds intelligence on ongoing negotiations that could be exploited by foreign governments.

The Pentagon manages detailed records on military capabilities, while the Department of Energy safeguards nuclear secrets.

Even the Internal Revenue Service and Social Security Administration manage digital infrastructure and systems that adversaries could potentially exploit.

New targets for foreign spies

Experts quoted in the report say the espionage threat is no longer limited to intelligence officers.

A growing number of foreign recruitment attempts are now aimed at technical staff, analysts, and bureaucrats with access to classified systems or proprietary data.

Former CIA officer John Schindler described DOGE’s cuts as increasing the odds of someone going rogue.

Former FBI agent Robert Hanssen and ex-CIA officer Aldrich Ames are infamous examples of how just one compromised individual can cause massive damage.

Hanssen’s betrayal of US operations in Russia led to the exposure and execution of American informants abroad.

These historical cases underscore why even one disgruntled worker leaving a federal agency could be dangerous.

The fear is that more exits—especially abrupt ones involving staff who feel mistreated or disillusioned—create fertile ground for recruitment efforts by foreign operatives.

Recruitment through LinkedIn

Recruitment strategies are evolving with technology. Adversaries no longer need to wait for potential informants to walk into embassies.

With online tools like LinkedIn, foreign intelligence services can easily identify and reach out to former US government workers searching for new employment, as per the report.

Schindler pointed out how easy it is to find potential candidates online by simply looking for phrases like “formerly at Department of Defense now looking for work.”

The use of fake job offers and interviews by adversaries to lure former staff into divulging sensitive data is also growing.

Some schemes even involve setting up shell companies and hiring former officials as “consultants”, who may unknowingly share critical information.

This method of indirect recruitment has precedent. Russia has previously paid unwitting Americans to carry out its objectives under the guise of legitimate contracts or work opportunities.

Intelligence leaks under review

The Office of the Director of National Intelligence (ODNI), led by Tulsi Gabbard, has pledged to crack down on information leaks.

While Gabbard’s recent announcement focused primarily on unauthorised media disclosures, ODNI acknowledged its intention to investigate all instances of improper data sharing, including those that may involve foreign agents.

Gabbard’s office stated it had received internal reports from intelligence community members who had previously raised alarms about potential insider threats but were ignored.

ODNI promised these warnings “will no longer be the case”.

Meanwhile, cybersecurity experts continue to stress the need for vigilance.

The post US layoffs trigger espionage risks as Russia and China hunt informants: report appeared first on Invezz

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SMCI stock forms megaphone pattern: what next Supermicro?

Super Micro Computer stock price remains in a bear market this year as concerns about the AI industry remains. SMCI was trading at $42 on Friday, down by about 37% from its highest point this year and 65% from its highest point in 2024. So, what next for the Supermicro share price this year after forming a megaphone pattern?

Supermicro growth is continuing

Super Micro Computer, a popular technology company, is doing well as demand for artificial intelligence (AI) servers remain. 

Its top products include the likes of rackmount, blade, and tower servers that are built for AI, high-performance computing, and cloud services. These servers are usually optimized for chips made by company like AMD and NVIDIA. 

Supermicro is also a big player in industries like storage systems, workstations, and server management solutions. 

The soaring demand for AI solutions has pushed its revenue substantially in the past few years. Its annual revenue rose from over $3.3 billion in 2020 to $15 billion last year. This growth is expected to continue growing as many large companies are expected to spend billions of dollars in the next few years. 

The challenge, however, is coming from China where companies are building advanced AI models using local solutions. A good example of this is DeepSeek, whose technology has disrupted the AI industry. Ant Financial, a company owned by Alibaba also launched new AI models this week.

The most recent preliminary quarterly results show that Super Micro Computer’s business continued growing in the fourth quarter. These results showed that its net sales for the second fiscal quarter will be between $5.6 billion and $5.7 billion, representing a 54% annual growth rate. 

Super Micro Computer anticipates that the gross margin will be 11.9%, while its EPS will be about $0.60. In a note, Charles Liang, the founder, said:

“With our leading direct-liquid cooling (DLC) technology and over 30% of new data centers expected to adopt it in the next 12 months, Supermicro is well positioned to grow AI infrastructure designs wins based on NVIDIA Blackwell and more.”

JPMorgan analysts upgrade SMCI

The most recent catalyst for the SMCI stock price was an upgrade from analysts at JPMorgan, who lifted its target from $35 to $45. The analyst cited the company’s recent filing of its annual report, which helped to prevent a delisting. This filing also reduced the uncertainty that was surrounding its operations. 

JPMorgan anticipates that Supermicro’s annual revenue will be $39 billion, a big increase from the previous $34 billion. It attributed this growth forecast to the ramp-up of NVIDIA’s Blackwell chips. 

JPMorgan’s 2026 revenue forecast is higher than what other analysts anticipate. The average 2026 revenue guidance among Wall Street analysts is $33.60 billion, with its earnings per share expected to be $3.8, higher than the $2.6 it made a year earlier. 

The main risk that the Super Micro Computer stock price faces is the potential AI bubble burst, which will affect most companies in the industry.

Super Micro Computer stock price analysis

SMCI stock price chart | Source: TradingView

The daily chart shows that the SMCI share price has been in a slow upward trend in the past few months. It has soared from the December low of $16.45 in December to the current $42. 

The stock has remained above the ascending trendline that connects the lowest swing since November. It has moved to the 23.6% Fibonacci Retracement point. 

Supermicro stock price has also formed a broadening wedge pattern, a popular bullish sign. This pattern is also known as a broadening wedge, is one of the most bullish signs in the market. Therefore, the stock will likely continue rising as bulls target the next key support point at $70, the 50% retracement point, up by 65% from the current level. 

The post SMCI stock forms megaphone pattern: what next Supermicro? appeared first on Invezz

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Top crypto price predictions: Fartcoin, Ethena, Pi Network

Crypto prices held steady on Monday morning as investors cheered the new reporting on Donald Trump’s tariffs. The reciprocal tariffs expected on April 2 will not include industrial sectors like automobile and microchips. As a result, Bitcoin jumped above $86,000, while Ethereum moved above $2,000.

US equities also bounced back, with futures tied to the Dow Jones rising by 230 points, and the Nasdaq 100 rising by 150 points. This article looks at some of the top tokens like Fartcoin (FARTCOIN), Ethena (ENA), and Pi Network (PI).

Fartcoin price prediction

Fartcoin token price chart | Source: TradingView

Fartcoin, a top Solana meme coin, has done well in the past few weeks. It bottomed at $0.2140 this month, and has slowly started forming a rounded bottom pattern, a popular bullish continuation sign.

The eight-hour chart shows that the upper side of this rounded bottom is at $0.7153, its highest swing on February 11. It has also moved above the 50-period moving average, a sign that bulls are gaining momentum. 

The Relative Strength Index (RSI) and the MACD indicators have all pointed upwards, a sign that its surge is accelerating. Fartcoin has retested the crucial resistance point at $0.5750, the lowest swing on December 21 last year. 

It is now approaching the 23.6% Fibonacci Retracement point at $0.80. Therefore, the Fartcoin token price will likely keep rising as bulls target the key resistance level at $0.7153, its highest swing on February 11. A move above that level will point to more surge to the 50% retracement at $1.4745, up by 160% from the current level. A drop below the support at $0.40 will invalidate the bullish outlook.

Ethena price forecast

ENA price chart | Source: TradingView

Ethena has become a popular and large cryptocurrency, helped by its stablecoin known as the USDe and the fact that the World Liberty Financial has invested in it. Its USDe stablecoin has attracted over $5.3 billion in assets, making it the 26th biggest coin in the world. 

The USDe stablecoin has become popular because of its high yield, which stands at about 4%. It has almost 600k users. Ethena has also thrived because of its USDtb stablecoin, which has attracted over $1.18 billion in assets. 

However, ENA has not done well in the past few months as its price crashed from a high of $1.3265 on December 16 to a low of $0.3378. This crash is mostly because of the ongoing crypto sell-off and the fear that its stablecoins may crash like Terra.

There are signs that ENA price has bottomed at $0.3378, while the MACD and the Relative Strength Index (RSI) has formed a bullish divergence pattern. Therefore, the token will likely keep rising as bulls target the key resistance at $1, which is about 160% from the current level.

Pi Network price analysis

Pi Network price chart | Source: TradingView

The two-hour chart shows that the Pi Network token peaked at $3, and has now crashed below the key support at $1. It has dropped below all moving averages, a sign that bears are in control for now.

On the positive side, the Pi coin price has formed a falling wedge pattern. The upper side of the wedge connects the highest swings since February 28. On the other hand, the lower side of the line connects the lowest points since March 2. The two lines are now nearing their confluence level. 

Therefore, there is a possibility that the Pi coin price will soon stage a strong comeback, potentially to $1.80, up by 86% from the current level. This price is its highest swing on March 18.

The post Top crypto price predictions: Fartcoin, Ethena, Pi Network appeared first on Invezz

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