The post Pi Network price hits new all-time low as it loses $0.1 support appeared on BitcoinEthereumNews.com.
Pi Network price fell beneath the psychological $0.10 mark for the first time on July 9, extending its month-long slide to more than 25% as growing token supply and persistent selling overwhelmed demand. Summary Pi Network price fell below the key $0.10 level, hitting a fresh all-time low amid sustained selling pressure. Heavy token unlocks, declining open interest, and deeply negative funding rates continue to fuel the bearish trend. Technical indicators point to further downside risk unless PI can reclaim $0.10 and break above its descending channel. According to data from crypto.news, Pi Network (PI) traded near $0.098 during the session, leaving the token down more than 25% over the past month and extending a prolonged downtrend that has erased most of its post-mainnet gains. The latest decline comes as Pi Network continues to face heavy supply-side pressure from scheduled
The post Ripple (XRP) News Today: July 9 appeared on BitcoinEthereumNews.com.
A breakdown of the latest and most significant updates around Ripple and XRP. Ripple announced several deals and key partnerships over the past few days, further boosting the buzz surrounding the company. However, the positive news has failed to trigger a major resurgence for XRP, yet certain analysts believe a big breakout could be on the horizon. The Recent Developments On July 4, the USA celebrated its 250th Independence Day, a historic milestone filled with nationwide special events. Ripple joined the festivities by partnering with a nonprofit that helps unemployed veterans find high-quality jobs after service. The ultimate goal is to secure jobs for 200,000 affected people by 2030, with Ripple matching donations up to $10,000. Two days later, the company disclosed breaking news from the other side of the globe. It received full authorization as a Crypto Asset Service Provider (CASP) from Luxembourg’s C
The post Analyst Predicts ADA Rally if Cardano Price Defends $0.16 Level appeared on BitcoinEthereumNews.com.
Cardano price held above $0.16 on Thursday as ADA traded near $0.170 after a modest daily gain. The token increased 1.75% in 24 hours and gained 4% in the last week. The action comes after a broader crypto market rebounded after the recent consolidation and heavy risk-off selling. Crypto Market Rebound Strengthens ADA Above Key Support The overall crypto market value increased by 1.26% to reach 2.17 trillion as buyers were back to key assets. Analysts attributed the recovery to new institutional buying of Bitcoin and improved optimism about the next Cardano network upgrades. Bitcoin price surged above $63,000 in a short-term resistance test amidst renewed geopolitical stress. Ether also rebounded to around $1,750, and bulls were looking at a potential upward shift to $1,800. XRP price was in a narrow range around $1.03. The market has been cautious since the United States and I
The post Ethereum Eyes Critical Price Levels as Market Stays Uncertain appeared on BitcoinEthereumNews.com.
Ethereum’s price has been stuck in a tight trading range, struggling to surpass the $1,826 resistance, while repeatedly testing support around the $1,580 mark. This situation has paved a challenging path for the broader market, which remains indecisive amidst persistent volatility. Continue Reading:Ethereum Eyes Critical Price Levels as Market Stays Uncertain Source: https://en.bitcoinhaber.net/ethereum-eyes-critical-price-levels-as-market-stays-uncertain
The post Pi Network’s AI Apps Can Finally Remember You, Here’s What Changed appeared on BitcoinEthereumNews.com.
The post Pi Network’s AI Apps Can Finally Remember You, Here’s What Changed appeared first on Coinpedia Fintech News Pi Network has switched on backend support for Pi App Studio, its AI-powered app-building platform, calling it a major shift in what creators can build on the network. What’s new The first capability rolled out on the new backend is persistent storage, according to an announcement from the official Pi Core Team account. The feature … Source: https://coinpedia.org/news/pi-networks-ai-apps-can-finally-remember-you-heres-what-changed/
The post Scarcity or Confidence? Pi Coin Holder Stats Trigger Mixed Reactions appeared on BitcoinEthereumNews.com.
Key Insights: Pi coin holder data shows that fewer than 10,000 addresses hold balances over 1 million PI. OG holder turnover raises questions about investor confidence. Pi coin price eyes a historic low, but the RSI revisits the bottom range. Latest Pi network product launches bring the network closer to mass adoption. Pi coin price is on the verge of losing another key support level after extending its slide this week. This comes just as recently published data revealed some interesting findings about Pi coin holders. The recent data may explain why PI price has struggled to find a bullish footing after months of decline. Holder data revealed that fewer than 10,000 addresses held over 1 million coins. In other words, Pi coin currently has a very small pool of whales willing to hold the asset. This translates to limited interest from the whale cohort and weak upside moment
The post Ripple (XRP) Price Predictions for This Week (July 9) appeared on BitcoinEthereumNews.com.
XRP’s price has approached $1 in recent weeks, and now the key question is whether that level can halt the decline. Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.3, $1.6, $2 Sellers are Returning After a short relief rally towards $1.18, sellers have returned and seem to have full control over XRP. In the last four days, the price has been falling without any bounce and appears ready to test the key support at $1 again. In late June, the price hovered just above $1 for several days before buyers managed to push XRP higher. However, this could turn out to be a dead cat bounce before new lows. That’s because the overall trend remains bearish. Source: TradingView Buyers Vanished Since last Sunday, buyers have vanished from the order book. As soon as the price touched $1.18, buy pressure collapsed, paving the way for sellers to take control. The o
The post Why Is the Pi Network (PI) Price Down This Week? appeared on BitcoinEthereumNews.com.
PI is down 12% this week and is quickly approaching $0.10. Will buyers return there? PI Network (PI) Price Predictions: Analysis Key support levels: $0.10, $0.085 Key resistance levels: $0.13, $0.16 PI Arrives at $0.10 As expected, the price of PI has reached the 10-cent support, a key psychological level. So far, sellers appear to have total control, considering that the price has crashed 12% since last week. If buyers plan to return, then this is a key moment for them to take back control. Ideally, they defend the $0.10 level and send PI into a bounce. The current resistance is found at $0.13, and only if this level breaks can we hope for a sustained rally. Source: TradingView Decisive Moment Ahead With the $0.10 key support under pressure, PI is found at a crossroads. Bounce here, and buyers have a chance to recover some of the most recent losses. Fail to defend this level, and PI may cras
