Cryptos to Watch This Week: Pepe, Pi Network, and Aptos Face Key Catalysts

This week’s cryptocurrency markets are closely watching the upcoming U.S. Consumer Price Index report, which economists predict will show headline inflation rising to 2.8%. The data could significantly influence Federal Reserve interest rate policies and trigger substantial price movements across digital assets.

Market participants are particularly focused on potential rate cuts that might emerge from modest inflation increases, creating conditions for renewed bullish activity. Three cryptocurrencies have emerged as key tokens to monitor based on their technical patterns and fundamental catalysts.

Pepe Shows Strong Whale Interest

Pepe continues attracting significant attention as whale accumulation intensifies alongside Ethereum’s price surge. Large holders now control 9.02 trillion Pepe tokens, representing a 10% increase over the past month, while exchange balances have declined sharply.

$PEPE

This OB is no longer HP POI ,it’s been mitigated and had internal SSP overlap, which caused the downside rotation. Once we flip this small POI, ATH is next.

Small POI = MM supply from distribution, internal SSP. Big picture: bottom formed, MM moved below and left that MM… pic.twitter.com/Vib1Q8jaFT

— Morja 🐸 (@Crankzzzzzz) August 10, 2025

The correlation with Ethereum’s performance remains strong, as ETH has climbed above $4,000 and ERC-based meme coins typically benefit during Ethereum rallies. Technical analysis reveals Pepe has broken above both its 50-day and 100-day moving averages while forming an ascending triangle pattern.

A breakthrough above the resistance level at $0.000014 could signal additional upward momentum for the popular meme token.

Pi Network Tests Critical Levels

Pi Network has bounced back from its August 2 all-time low of $0.3198 to reach $0.400, positioning itself at a crucial technical juncture. This price level coincides with previous swing lows recorded in both April and June of this year.

The token is currently attempting to cross above its 50-period moving average while sitting at the apex of a falling wedge formation. Technical indicators suggest a potential bullish breakout could target $0.6732, matching June’s peak performance.

However, any decline below the $0.3198 support zone would negate the positive outlook and potentially trigger further downside pressure.

Aptos Faces Token Unlock Pressure

Aptos confronts significant headwinds this week as the network prepares to unlock tokens valued at $53.95 million, equivalent to 1.68% of the current float. Additional unlocks are scheduled for future dates, as only 51% of total tokens have been released to date.

Price action has deteriorated significantly from December’s $15.2 high to the current $4.60 level. The daily chart displays a descending channel pattern with APT trading below both its 50-day and 100-day moving averages.

Technical analysis suggests the downtrend may continue, with the lower boundary of the descending channel at $4 serving as the next potential target.

Market Sentiment Assessment

The mixed technical signals and upcoming economic data releases suggest heightened volatility ahead, with institutional token unlocks adding selling pressure to select assets. Traders should monitor CPI results closely as they may determine short-term directional moves across the broader cryptocurrency market.