
DeepSeek AI Predicts Prices for XRP, Solana, and Pi by 2025 Cryptonews
source

Bitcoin entered November under intense pressure, its price collapsing beneath the psychological $100,000 line for the first time since June before clawing back toward $103,000 by mid-week trading. The drop marked a 20 % correction from the record $126,186 high in early October, officially pushing BTC-USD into a technical bear market. Nearly $1.3 billion in leveraged long positions were liquidated within 24 hours, the heaviest wash-out since April’s post-halving volatility. On-chain metrics from CoinGlass showed open interest down 23 % week-over-week and close to 30 % of circulating supply—around 5.8 million BTC—now held at an unrealized loss, a proportion that has historically defined exhaustion phases rather than cycle tops.
Rising U.S. yields intensified the decline. The 10-year Treasury climbed to 4.15 % and the 2-year to 3.63 %, tightening global liquidity just as digital-asset inflows cooled. Data platform SoSoValue reported $1.3 billion in outflows from spot Bitcoin ETFs since October 29, led by BlackRock’s IBIT, Fidelity’s FBTC, and Grayscale’s GBTC; spot Ether ETFs lost another $500 million. With the Fed reluctant to expand liquidity operations, traders blamed the absence of the “stealth QE” that had supported prior rallies. Correlation between Bitcoin and the NASDAQ-100 surged to 0.86, proving that crypto remains tethered to risk-asset sentiment rather than trading as digital gold.
After the liquidation wave, derivatives funding flipped negative across major exchanges—−0.015 % on average—signaling that shorts now pay to hold positions. CoinGlass heat maps show liquidity bands at $102.5 K, $111.5 K, $116 K, and $117.5 K where large bids have re-appeared. Order-book depth finally turned net-positive, hinting that whales are re-accumulating into panic. Stan Low of Grvt Research called this “the fourth corrective leg of 2025’s bull structure,” projecting that drawdowns exceeding 20 % historically precede rebounds of 40 % plus within 60 days once leverage clears.
The downturn exposed how corporate treasuries handle Bitcoin exposure. Sequans Communications (SEQU.PA) liquidated 1,000 BTC for ≈ $100 million, trimming its debt from $189 million to $94 million and cutting its debt-to-NAV ratio to 39 %. The Paris-based firm still holds 2,200 BTC (≈ $240 million) but its share price has collapsed 80 % YTD, highlighting leverage risk. In contrast, MicroStrategy (NASDAQ:MSTR) added 397 BTC at $114,771 average between Oct 27 – Nov 2, while Marathon Digital Holdings (NASDAQ:MARA) posted a 92 % revenue jump YoY and its first quarterly profit, aided by diversification into AI-data-center services. Marathon’s shares rebounded 3 % after hours though still down 6.7 % intraday, demonstrating that investors reward operational pivoting more than speculative accumulation.
Glassnode data confirmed long-term holders sold ≈ $45 billion BTC since mid-October, reducing LTH supply to 14.1 million coins, the steepest fall in 17 months. Short-term holders absorbed part of that flow, suggesting redistribution rather than abandonment. The 200-week EMA around $97,400 continues to act as structural support; Bitcoin has never closed two consecutive weeks below this line during an ongoing bull phase. The RSI near 41 and the BVOL volatility index up 28 % month-to-date imply the market is oversold yet turbulent, primed for consolidation once selling fatigue completes.
Regulatory noise intensified uncertainty. New EU disclosure standards and Asian capital-flow controls weighed on sentiment, while U.S. policymakers debated fresh crypto-tax measures. The Supreme Court review of Trump-era tariffs added macro tension, feeding into broader risk aversion. Still, adoption data stayed firm: active Bitcoin addresses rose 18 % YTD, and wallet creation in South Asia and Latin America hit record highs. Capital rotation into stablecoins totaled $7.4 billion in two weeks, suggesting sidelined liquidity waiting for clarity rather than mass exit.
The Crypto Fear & Greed Index collapsed from 54 to 38 in 48 hours, marking the sharpest sentiment contraction since the FTX aftershock of 2023. Retail traders retreated: Binance and OKX stablecoin deposits reached $2.8 billion, showing defensive positioning. Former Paxful CEO Ray Youssef described the mood as “classic exhaustion—good news ignored, bad news amplified.” Such sentiment phases historically precede stabilization when liquidity pools rebuild around large-holder bids.
BTC now oscillates between $99,000 support and $106,500 resistance. A decisive close above $111,500 could expose the liquidity cluster at $117,500, while any break below $97,000 risks a slide toward $92,000, the 38.2 % Fibonacci retracement of 2024’s $64 K base. CME futures basis narrowed to +0.9 % annualized, confirming leverage compression. Options implied volatility sits near 63 %, giving long-vol traders attractive skew. Spot-volume turnover increased 41 % week-on-week, indicating capitulation energy shifting to accumulation.
The correction spilled into the entire crypto market. Ethereum (ETH-USD) plunged 13 % to $3,143, Solana (SOL-USD) lost 2.6 %, Cardano (ADA-USD) slipped 0.7 %, and XRP (XRP-USD) eased 1 % to $2.26. Aggregate digital-asset capitalization fell below $2.2 trillion, erasing $400 billion since October. Yet institutional building continued: Ripple secured a new $500 million funding round led by Fortress Investment Group and Citadel Securities, reaffirming confidence in blockchain infrastructure even amid market stress.
Bitcoin’s multi-week slide reflects the intersection of macro tightening, ETF outflows, and cyclical profit-taking rather than structural failure. With nearly one-third of supply underwater and leverage largely flushed, conditions resemble prior mid-cycle resets that paved the way for rebounds once liquidity normalized. The crucial threshold remains the 200-week EMA near $97,400; holding above it keeps the long-term bull intact. Near term, expect a volatile range between $97 K – $111 K, with upside momentum contingent on ETF inflows returning and U.S. yields easing below 4 %.
Based on current data: rating — Buy on weakness / accumulate between $97 K and $101 K; short-term bias neutral to bearish, long-term bullish.
Enter your email to receive our newsletter

The crypto market sees a 3.5% correction on Monday, November 3, driven by substantial outflows from Bitcoin and Ethereum ETFs. XRP, Pi Coin, and Shiba Inu are among the hardest-hit altcoins, but technical indicators hint at a potential major rebound ahead. These tokens now show rare oversold signals, a setup typically preceding notable bullish corrections.
Written by Simon Dumoulin
Translated on November 4, 2025 at 09:48 by Simon Dumoulin
The XRP price currently stands at $2.40 after a 5% decline over the last 24 hours. Its weekly performance shows a 8% drop, while the monthly decline reaches 20%. These figures might seem alarming, but they mask a much more encouraging reality: the altcoin still maintains a 375% increase over the year, demonstrating that its underlying momentum remains intact.
The market is now anticipating the imminent launch of several XRP ETFs in the United States. Some analysts suggest a possible approval in the coming weeks, which would generate massive institutional demand. Technical analysis confirms this bullish hypothesis: The XRP RSI has been trading below the 30 level since August, while the MACD has maintained a negative position for several months. These two indicators are converging toward a rare buy signal, seldom observed since the beginning of the year.
The bullish pennant structure formed on the daily chart suggests a technical target of $3 by the end of November. If Ripple’s growth continues, particularly through the expansion of its cross-border payment solutions, XRP could break through $4 before the end of December. The solid trading volumes despite the correction indicate that whales are accumulating during this consolidation phase.
Join the best crypto trading bot platform!
Pi Network shows a price of $0.2397, down 3% over 24 hours and 11% over seven days. Paradoxically, the token records a 15% increase over two weeks, driven by encouraging fundamental news. The Pi Network team revealed that 2.69 million Pioneers have migrated to the mainnet, while 3.36 million have completed the mandatory KYC verifications.
These figures are reassuring after doubts about the management of the mainnet deployment. Pi Network reached a historical peak of $2.99 at the end of February before a sharp correction. The RSI has crossed the 50 threshold, confirming a bullish reversal. The current momentum could intensify if altcoin ETF launches create a climate of widespread optimism in the market.
The main constraint remains the absence of the token on major exchange platforms like Binance, Coinbase, or Kraken, limiting its institutional exposure. A major listing would likely trigger a violent bullish rally. Projections place PI at $1 by December, with potential toward $2 if the macro context improves.
The SHIB price stands at $0.000009564, down 5% over 24 hours, 8.5% over a week, and 23% over a month. More concerning, the meme coin has declined by 44% over a year, a disappointing performance while the majority of the top 50 are advancing. This decoupling reflects a lack of interest from whales and institutional traders, who are turning to new meme tokens like Fartcoin.
Unlike Dogecoin, which benefits from ETF applications under review, no ETF is planned for SHIB. This absence of an institutional catalyst deprives the token of sustainable structural demand. Technical indicators (RSI and MACD) are evolving at historically low levels, signaling extreme oversold conditions. Paradoxically, this configuration could signal a significant technical rebound.
SHIB’s daily trading volume of $145M remains far below Dogecoin’s ($1.8B), illustrating its loss of momentum. Initiatives like Shibarium, its layer-2 solution, have yet to convince. Short-term projections target $0.000020 by December, with an objective of $0.000040 if a major catalyst emerges.
On the same topic:
Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
© InvestX 2025

The conversation covers the court’s decision to overturn a $9 million judgment against Ryder Ripps, citing a lack of consumer confusion with Yuga Labs’ Bored Ape Yacht Club NFTs. The group analyzes the court’s reasoning and the potential for different outcomes in future cases, emphasizing the fact-specific nature of intellectual property disputes involving NFTs.
The episode also explores the broader dynamic legal landscape of NFTs, examining their classification under the Lanham Act and strategies for intellectual property protection. Glenn and Straat offer insights into their practices and their intersection with digital assets, emphasizing the importance of clear terms and conditions for NFT companies. See less –
See more »
Trends in Midstream M&A – Energy Law Insights
State of Play in Navigating Distressed Middle Market M&A — PE Pathways Podcast
Navigating the Servicemembers Civil Relief Act: Protections and Litigation Trends — The Consumer Finance Podcast
Point-of-Sale Finance Series: Banking on Lending Models — Payments Pros – The Payments Law Podcast
Quarterly Insights: Driving Through Q2 Auto Finance Data — Moving the Metal: The Auto Finance Podcast
Key Advantages of Using REITs by Funds for Foreign Investors — The Tax Blueprint: Structuring Funds, Joint Ventures, and REITs
The IP Future: Intellectual Property Challenges in AI Health Care Contracts – The Good Bot: Artificial Intelligence, Health Care, and the Law
Point-of-Sale Finance Series: Navigating Merchant and Dealer Contracting – The Consumer Finance Podcast
From “Houston, We Have a Problem” to Workplace Safety: Lessons from Apollo 13 – Hiring to Firing Podcast
Curtailing Civil RICO: The Rise and Fall of Securities Fraud Claims Under the PSLRA — RICO Report Podcast
Executive Order 14331: Navigating the New Era of Fair Banking — The Consumer Finance Podcast
Can a Coach’s Playbook Be Copyrighted? — No Infringement Intended Podcast
The Future of Bank-Fintech Collaborations in Digital Finance — Payments Pros – The Payments Law Podcast
The Future of Bank-Fintech Collaborations in Digital Finance — The Crypto Exchange Podcast
State Law Roundup: A Focus on Connecticut and Oregon — Moving the Metal: The Auto Finance Podcast
From Politics to PR: Navigating Crisis Management — Regulatory Oversight Podcast
It Only Took 13 Years: The Federal Circuit’s First Derivation Proceeding Decision — Patents: Post-Grant Podcast
Employee Benefits and Executive Compensation Preparing for 2026 – Top Five Health and Welfare Updates — Troutman Pepper Podcast
Point-of-Sale Finance Series: Understanding State Licensing for Nonbank Providers — The Consumer Finance Podcast
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.
© Troutman Pepper Locke
Refine your interests »
Please take our short survey – your perspective helps to shape how firms create relevant, useful content that addresses your needs:
Back to Top
Explore 2025 Readers’ Choice Awards
Copyright © JD Supra, LLC

Will meme coins skyrocket in the future? When JellyJelly (Jelly-My-Jelly) rewrote meme coin history with a 200% increase in just one week, this question became the most heated debate in the crypto market. As a typical example of meme coins, its parabolic surge from $0.06 to $0.19 not only confirmed the wealth-creating effect of “viral spread + leveraged trading” in the social media era, but also sparked collective reflection among investors on whether Memecoin will experience a future price surge.
JellyJelly’s 200% Surge: A Miracle Case in the Memecoin Market
In early November 2025, JellyJelly, a meme coin on the Solana ecosystem, suddenly became the focus of the market. According to CoinWorld, the token’s price surged from $0.06 to $0.19 in seven days, a 216% increase, with 24-hour trading volume exceeding $100 million and its market capitalization briefly surpassing $200 million. This frenzied price movement was directly driven by the “Aster Perp” futures product launched by the Aster DEX exchange—which supported leverage up to 200x, instantly amplifying speculative demand.
From a technical perspective, JellyJelly’s surge aligns with the characteristics of a “short squeeze”: when a large number of short positions were forcibly liquidated around $0.12, buying pressure surged, propelling the price to break through resistance. Social media platforms like TikTok and Instagram’s “one-click sharing” function became the engine of viral spread—user-uploaded meme content could be instantly monetized, with a publishing efficiency 10 times faster than traditional social networks. This closed-loop ecosystem of “content-traffic-revenue” is precisely the core competitive advantage that distinguishes memecoin from traditional cryptocurrencies.
It’s worth noting that JellyJelly’s circulating supply was fully released, avoiding the risk of dilution. Analysts point out that this combination of “full circulation + high leverage” creates a unique narrative advantage within the Solana ecosystem—as the market shifts towards “utility-oriented meme coins,” its connection to the upcoming entertainment platform makes it a prime target for speculators. Looking at trading volume data, JellyJelly’s rebound has surpassed 90% of the meme coins on the Solana platform, becoming a landmark signal of the “meme season’s return.”
Maxi Doge: The next potential memecoin blockbuster
Amid the JellyJelly-inspired meme craze, Maxi Doge (MAXI) is emerging as a rising star in the market. This token, dubbed “the Dogecoin for fitness enthusiasts,” raised $3.9 million during its pre-sale phase at an initial price of only $0.0002665. Analysts call it “one of the most worthwhile cryptocurrencies to buy right now,” citing its three core strengths:
Humorous Narrative and Community Culture: As a spin-off of Dogecoin, Maxi Doge cultivates a “caffeine-driven trader” image, attracting young investors through meme culture. This unconventional brand positioning aligns perfectly with the “entertainment attributes” of memecoin.
Staking Rewards and Economic Model: MAXI offers an annualized staking yield of 79%, far exceeding the industry average. The project team promises to further amplify the benefits through a “golden opportunity” mechanism after listing on major exchanges, attracting long-term holders. Market Enthusiasm and Speculative Potential: Traders generally believe that Maxi Doge’s “low issue price + high circulating supply” characteristics give it the potential to become the “next thousand-fold coin.” Especially against the backdrop of the “meme season,” its synergy with JellyJelly could trigger a new wave of speculation.
From a technical perspective, Maxi Doge’s market capitalization management strategy is also noteworthy. The project team avoids token dilution through “fully circulating supply” while leveraging social media KOLs for targeted marketing, forming a “short-term whale + influencer community” driving model. This model has been proven effective in the JellyJelly case—when speculative groups and retail investors work together, memecoin’s surge often exhibits a parabolic characteristic.
The future of memecoin: a surge or a bubble?
Will memecoins experience a surge in price in the future? There’s no standard answer, but a rational analysis can be conducted from three dimensions: Market Cycles and Sentiment-Driven Growth: The cryptocurrency market exhibits clear cyclical characteristics. During “meme season,” the contagious effect of social media amplifies speculative demand, driving a short-term price surge for memecoins. However, such surges are often accompanied by sharp corrections. For example, if JellyJelly’s support level of $0.18 is breached, it could trigger a chain reaction of selling.
Technological Foundations and Practical Value: While memecoins are labeled as “memes,” projects with genuine long-term value still require technological support. For instance, JellyJelly enhances trading depth through leveraged products on Aster DEX, while Maxi Doge strengthens holder stickiness through staking mechanisms. This combination of “technology + narrative” is key to distinguishing memecoins from “purely worthless” cryptocurrencies
Regulatory Risks and Market Maturity: As regulations on cryptocurrencies tighten in various countries, the speculative space for memecoins may be compressed. On the other hand, the emergence of high-performance public chains like Solana provides a more efficient trading environment for memecoin. This interplay between regulatory pressure and technological advancement will determine the long-term trajectory of memecoin.
Historically, memecoin surges often follow a path of “narrative-speculation-bubble-clearing.” For example, Dogecoin surged in 2021 due to Elon Musk’s tweets, followed by a significant correction; while the JellyJelly case shows that when a project forms an ecosystem synergy with exchanges and social media, the surge may be more sustainable. Therefore, the answer to “Will memecoin surge in the future?” depends on whether the project team can find a balance between “narrative innovation” and “risk control.”
Risks and challenges: Investing in memecoin requires caution.
While the meteoric rise of memecoins is enticing, investors must be aware of the potential risks: High volatility and drawdown risk: Taking JellyJelly as an example, its price has shown signs of correction after its surge. Technical analysts point out that $0.18 is a key support level, and a break below this level could trigger a “waterfall-like” drop
Two-way risks of leveraged trading: While Aster DEX’s 200x leverage amplifies gains, it also exacerbates the risk of losses. When market sentiment shifts, high-leverage positions can be quickly liquidated, causing a price collapse.
Questionable project sustainability: Many memecoin projects lack practical use and rely solely on “meme narratives” to maintain their popularity. For example, Maxi Doge, while touting itself as a “utility memecoin,” still needs time to verify the sustainability of its staking rewards
Regulatory uncertainty: Differences in cryptocurrency regulatory policies across countries can affect the liquidity and legitimacy of memecoins. Investors need to closely monitor policy developments to avoid potential pitfalls.
The future of memecoin lies between innovation and rationality.
Returning to the initial question—”Will Memecoin experience a surge in value in the future?”—the answer may lie in three key words: memecoin, narrative, and risk.
From JellyJelly to Maxi Doge, we’ve witnessed how memecoin achieved explosive growth through “viral social media spread + leveraged trading + community culture.” However, this surge wasn’t without precedent—it requires project teams to collaborate effectively in technological innovation, narrative design, and risk management. For investors, memecoin represents both an opportunity for “thousand-fold returns” and a trap of “zero returns.”
In the future, with the improvement of the Solana ecosystem and the clarification of the regulatory framework, memecoin may mature—shifting from simple “meme speculation” to a composite model of “practical value + community governance.” In this process, the question of “Will Memecoin experience a surge in value in the future?” will no longer be a black-and-white judgment but will require dynamic evaluation based on project fundamentals, market sentiment, and technological advancements.
As one trader put it, “During meme season, memecoin is a speculator’s paradise; but after the frenzy, only true innovation can allow memecoin to weather the cycle.” This is perhaps the most rational answer to the question, “Will Memecoin skyrocket in the future?”—a surge is possible, but only those memecoins that combine narrative appeal with risk control will ultimately prevail.
No calendar events have been scheduled for today.

XRP could be at risk of entering into a bearish technical pattern.
XRP (XRP +2.95%) has recently seen a substantial valuation pullback. While the cryptocurrency is regaining some ground in today's trading, the token got hit with a big sell-off yesterday as concerns about valuation bubbles and geopolitical dynamics prompted pricing contractions in the stock market and the crypto market.
With the valuation volatility, XRP could be on the verge of entering a death cross — a technical pattern that can suggest that more sell-offs are on the horizon. Should investors be worried?
Image source: Getty Images.
A death cross occurs when a stock or cryptocurrency's 50-day simple moving average (SMA) crosses below the 200-day SMA. With recent volatility impacting the token's price and the broader cryptocurrency market, it wouldn't be surprising to see XRP enter into death-cross territory. Geopolitical and macroeconomic dynamics have recently spurred valuation pullbacks in the crypto space, and a recent uptick in concern about valuations across stocks and cryptocurrencies has added to a rising bearish wave that could be on the verge of becoming more powerful.
As of this writing, XRP's 200-day SMA is approximately $2.55. Meanwhile, its 50-day SMA is $2.74. Accordingly, the coin would enter a death-cross pattern if its 50-day SMA fell roughly 7%.
Technical analysis patterns reflect reoccurring valuation trends. In the abstract, these trends are reflections of human psychology in relation to pricing moves on a market.
Along those lines, some investors use technical analysis to predict where valuations for stocks and cryptocurrencies are heading in the near term. While stocks and cryptocurrencies will sometimes trade in line with technical-analysis patterns, there's no guarantee that XRP's current setup means that the coin will trade in a death-cross pattern.
Additionally, there's no guarantee that XRP would see subsequent sell-offs associated with the death cross, even if its token price were to enter the pattern. Technical patterns can be used as a tool to forecast valuation trends in the near term, but they're far from infallible — and a wide range of catalysts are involved in shaping cryptocurrency prices.
XRP's pricing performance for the remainder of the year will likely be heavily shaped by the market's assessment of whether the Federal Reserve is likely to cut interest rates again in December — and the Fed's eventual move on that front.
Inflation reports and other macroeconomic data will be key factors in the Fed's policy on rates. Geopolitical dynamics between the U.S. and China and trade negotiations with other countries can also be expected to factor into XRP's pricing trajectory. While entering into a death-cross pattern could coincide with a sustained uptick in bearish sentiment, there are probably more important catalysts for investors on the horizon.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends XRP. The Motley Fool has a disclosure policy.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
Making the world smarter, happier, and richer.
© 1995 – 2025 The Motley Fool. All rights reserved.
Market data powered by Xignite and Polygon.io.
About The Motley Fool
Our Services
Around the Globe
Free Tools
Affiliates & Friends

Written by
Aaryamann Shrivastava
Edited by
Harsh Notariya
Pi Coin has struggled to maintain its late-October recovery momentum, with the altcoin facing renewed selling pressure this week.
The ongoing decline has erased a significant portion of recent gains as market uncertainty combines with investor hesitation. Both external market conditions and internal investor sentiment appear to be driving this downward trajectory.
The Chaikin Money Flow (CMF) indicator shows that Pi Coin investors are actively pulling capital out of the market. Currently sitting at a near two-month low and below the neutral zero line, the indicator suggests that outflows are dominating. This signals that investors may be booking profits and reducing exposure amid a slowing recovery.
This shift in sentiment has weakened Pi Coin’s short-term outlook, reflecting waning confidence among holders. The persistent selling pressure indicates that participants are opting for caution over speculation. Unless inflows return, the probability of a sustainable rebound appears limited as liquidity continues to drain from the market.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
From a broader perspective, Pi Coin’s momentum appears to be leaning bearish. The Moving Average Convergence Divergence (MACD) indicator is on the verge of confirming a bearish crossover. The signal line is nearing the MACD line (blue), suggesting a potential shift from neutral to negative momentum in the coming sessions.
Historically, such crossovers have triggered notable corrections for Pi Coin. The impending signal highlights increasing downside risks, as market conditions continue to favor sellers over buyers.
Pi Coin’s price has declined by nearly 15% over the past week after failing to breach the $0.260 resistance. At the time of writing, the altcoin is trading at $0.220, reflecting its weakening technical position amid fading market support and declining investor optimism.
If the downward trend persists, Pi Coin’s price could fall below $0.209 and reenter a consolidation zone between $0.209 and $0.198. This pattern, seen previously, could stall recovery attempts and extend the bearish phase for a few more weeks.
However, a bounce from current levels could shift momentum. If Pi Coin reclaims $0.229 as support, it could attempt a rally toward the $0.246 resistance. Sustaining inflows and investor interest will be critical to invalidating the bearish outlook.
Daily Crypto Insights
Insights, news and analysis of the crypto market straight to your inbox
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.