Best Crypto Gainers Today, March 13 – PEPE, IP, AVAX

Highlights:

• Today’s best crypto gainers are PEPE, Story, and Avalanche, which are rising amid the market volatility.
• PEPE has reached the Fibonacci level that may signify a reversal of the bearish run, given that this support holds.
• IP and AVAX demonstrate positive divergences which suggests that greater upward action could be imminent.

The crypto market witnessed a positive sentiment following the drop in U.S. CPI data from 0.3% in January to $0.2% in February. The global market cap and 24-hour trading volume have declined to $2.70 trillion and $98 billion, respectively. However, the fear and greed index has dropped to 21, indicating a fear sentiment in the market. 

Bitcoin trades at around $83K, while major altcoins display mixed sentiment. Ethereum is trading below the $2K mark, while XRP and Dogecoin recorded mere gains. Amidst this mixed sentiment, here is a look at the best crypto gainers, such as PEPE, Story, and Avalanche.

Best Crypto Gainers Today

1. PEPE

The frog-themed memecoin, PEPE, is leading the best crypto gainers today after surging by 16% in the past 24 hours. At press time, the memecoin trades at $0.000007378 with a market cap and a trading volume of $3.05 billion and $1.06 billion, respectively. Despite this recent bullish trend, PEPE is down 30% on the monthly chart.

The PEPE price has dropped to a major Fibonacci support zone, indicating a critical level for potential market movements. Analyst Marzell highlights this level as a strong buying opportunity, with expectations of a rebound. A successful bounce could push PEPE toward key resistance levels at 0.00002072 USDT and 0.00002789 USDT.

🟢 $PEPE/USDT Technical Analysis

The price has retraced to a major Fibonacci support zone, signaling a BIG buying opportunity. 🚀

A bounce from this zone could trigger a bullish reversal of 300%+

🚀 Key Price Targets 🎯
First Target: 0.00002072 USDT
Second Target: 0.00002789… pic.twitter.com/R32jE1hqbj

— Marzell (@MarzellCrypto) March 12, 2025

However, failure to hold this zone could lead to further declines before any recovery. Traders should closely monitor the price action for confirmation of support. A strong reversal from this level may signal the next upward move.

2. Story (IP)

IP has shown a remarkable rally since its launch on February 14th. It is down 18% from its all-time high of $7.33, set on February 28th. At press time, the altcoin is trading at $6, up 9% in the past 24 hours. In addition, IP has surged by 100% over the past month, elevating the market cap to $1.48 billion. 

The IP price forms a breakout from a symmetrical triangle pattern on lower timeframes. Volume is rising, indicating strong momentum. The breakout level suggests a potential move of 60-70%, making it a key level to watch. The price has already breached the descending trendline, confirming bullish momentum.

#IP is getting ready for short term breakout from symmetrical triangle pattern breakout in LTFs, Expecting 60-70% solid moves from the depicted zone, Volume rising as good momentum, keep an eye on!$IP #IPUSDT pic.twitter.com/3stEuZaGHj

— CryptoBull_360 (@CryptoBull_360) March 12, 2025

Moreover, the structure aligns with previous trends, where similar breakouts led to significant rallies. The next resistance is near $10, while support remains at $4. If volume sustains, the price could see further upside.

3. Avalanche (AVAX)

Avalanche is trading at $19.20, up 7.90% in the past 24 hours. On the weekly and monthly charts, however, the altcoin is down 12% and 28%, respectively. Moreover, its market cap has surged to $7.93 billion while the trading volume declined to $418 billion.

According to a recent analysis, the AVAX price shows signs of a potential surge. A chart shared by Crypto Elites highlights a series of higher lows, forming an ascending trendline. The price has reached a critical support zone, suggesting a possible reversal. AVAX is near $17.76, aligning with previous bottom points preceding rallies.

AVAX to $150 by June!

Currently in the buy zone, and a strong upward move is coming soon!

Fear is your opportunity—buy the dip! 🔥$AVAX #AVAX $BTC #Altcoins pic.twitter.com/aoAYJkFIcb

— @CryptoELlTES (@CryptooELITES) March 12, 2025

A breakout from this level could push AVAX significantly higher, with a target of $150. The analyst suggests that the current dip presents an opportunity. The trendline support reinforces the likelihood of a bullish move. Additionally, he notes that fear in the market often leads to strong rebounds.