Will Pi Coin Recover? User Complaints Rise Over Missing Tokens After KYC
It appears that Pi Coin, the native token of the Pi Network, has faced a significant setback, as its price has remained unchanged for the past few days. Earlier, the network received several complaints about missing tokens, despite users having completed the Know Your Customer (KYC) process. Pi Coin User Frustration in the Community It all started when the Pi Network shared a post on X (formerly Twitter), stating, “Remember to only use the Pi wallet in the Pi Browser to safeguard your Pi.” In response to this post, a well-followed crypto user expressed his frustration over a technical failure. In a reply post, he noted, “Stop talking nonsense. I don’t want to hear it. Give me back that damn $Pi. I’ve worked hard for six years. You still haven’t mapped it for me until now. What’s your reason for constantly delaying? Mapping is the right of every pioneer. Hurry up and map it, Pi Network.” Not only that, several frustrated users were also seen raising their voices. “Pi Network recently released security guidelines for Pi Wallet, sparking dissatisfaction among Pi Coin holders who are unable to see their tokens in their accounts. Despite adhering to all previous transfer instructions provided by the core team, users express their inability to view expected Pi tokens in their wallets. This situation appears to affect user satisfaction and trust in the platform,” Said one user on X. The impact of users’ frustration and the Network’s technical issues has already been evident in the Pi Coin’s price, as it has remained stagnant over time. Price Momentum and Market Impact At press time, Pi Coin was trading near $0.63 and had recorded a modest price decline of 0.75% over the past 24 hours. Amid ongoing network challenges, including KYC and other related issues, traders and investors have shown limited participation with the asset. Data from CoinMarketCap reveals that Pi Coin’s trading volume during the same period has dropped by 40% compared to previous days This notable drop in the trading volume, along with the price dip, shows a decline in investor interest and market participation, indicating a potential continuation of the bearish trend. Also Read: $9.84 or $13? TRUMP Coin Nears Critical Levels, What’s Next? Pi Coin Price Action and Key Levels According to expert technical analysis, Pi Coin appears bearish and is poised to continue its ongoing consolidation near the key support level of $0.57. As per the daily chart, the asset has lost over 60% of its value since the beginning of May 2025. However, it has now been nearly 10 days since Pi Coin’s price has been consolidating within a tight range between $0.59 and $0.65. This prolonged consolidation suggests that the asset might be preparing for a decisive move in either direction, which could only begin following a breakout or breakdown on either side. PIUSDT Daily Chart | Source: Trading View Pi Coin Price Prediction Based on recent price action and historical patterns, if the ongoing sentiment turns more bearish and Pi Coin breaks down from the current consolidation, there is a strong possibility that the asset could see a price decline of over 12%, potentially dropping to the $0.546 level. On the other hand, if the network resolves its issues and Pi Coin breaks out of the current consolidation, there is a strong possibility that the asset could see a price surge of over 30%, potentially reaching the $0.86 level in the near future.
$9.84 or $13? TRUMP Coin Nears Critical Levels, What’s Next?
The TRUMP coin 4-hour chart was in the $9 range, which acted as a stable foundation earlier, and it did this again when TRUMP rebounded at the beginning of June. The existing base was able to take the pressure out of the market and give market makers space to enter. Trump Coin Price Action Trump coin was trading close to $10.50—A sign that people started buying just a little, and the volume was modest. Moving past the next resistance at $12.26 might indicate that people are now more positive about the asset. Still, a climb above $13 would give us a true confirmation, as this level has historically stopped TRUMP in earlier uptrends. Provided the bulls can keep up momentum and lift TRUMP to $13 with good volume, the price might return to the $15–$16 range seen in May. If the support does not hold the $10.50 mark, traders might find the prices drop to $9.84 for testing. If the TRUMP coin falls beneath that zone, there could be more risks for it to fall toward $8.00. Since the price stayed between $9.84 and $12.26, traders could expect the market to go through some periods of compression before it begins to grow. Monitoring price until it hits $9.84 for support, $12.26 for resistance, and $13 as a point for bullish breakout was key. Momentum continued at these zones because of how prices were either accepted or rejected there. Can TRUMP Surpass the $9.25 Billion Market Cap? Over the last three months, the TRUMP coin market cap has stayed between $2 billion and $3 billion, indicating a long trend of consolidating or being undecided. At this stage, the market movement is narrow, and this pattern often leads to a sharp change in the asset’s price. This was because the price was not far from the floor, and the market cap was only $2.20B, so more stress was coming. According to the resistance line at $9.25B, once the consolidation ended, the price could rise. This kind of coiling has typically been preceded by a strong move in a single direction, and here, a bullish bias could appear if the asset goes clearly above $3 billion. Nonetheless, if the price sinks below $2 billion, it could lead to a reversal in the trend and break the bullish case. Over the short term, traders could focus on volume and the daily closing price outside the range as an important sign of the move to come, up to $9.25B or down to below the base. Also Read: Dogecoin Prediction: Will DOGE Surge 32% or Face More Consolidation? World Liberty Finance Shorts TRUMP Coin with 10x Leverage There were strong short positions on the TRUMP coin as revealed in the transaction log, with “Self” taking out 10x leveraged shorts by transferring 1,000,000 USDC on Arbitrum on Hyperliquid. According to the report, World Liberty Finance placed their position against TRUMP at $9.55, with their stop price at $12.49. Numerous big shorts were recorded in these trades, and one of them was as big as -66,742.7 TRUMP coins with a value of over $634K—may be a sign of strong bears or planned downward actions. Because of the serious consequences, the trader felt very strongly that the market would go in a downward direction. Still, any increase beyond $12.49 may cause the leveraged short to be liquidated. Should the price get close to the previous resistance at $16, the trade would face a lot of risks. Alternatively, if TRUMP coin takes off, it could set in motion a short squeeze of the investors who have sold it. The level to pay close attention to is still $12.49. TRUMP Liquidation Map Meanwhile, Binance revealed that the TRUMP coin faced both sharp short and long squeezes. If the price falls below $10.30, buyers would be liquidated quickly, but increases past $12, sellers’ accounts would be liquidated. Many liquidations were at $10.11 to $10.60, mainly for 10x and 25x leverage. This meant that both upward and downward moves could cause chains of people to be forced to sell. Below $10.30, more than 250K short contracts could be liquidated, while getting above $10.70 might result in over 10K long contracts being closed out. The way these zones are currently joining suggests possible volatility, and $10.11 and $10.70 should be closely watched for reactions from the market.
Dogecoin Prediction: Will DOGE Surge 32% or Face More Consolidation?
After a prolonged downtrend, the Dogecoin prediction is showing signs of a strong bullish reversal. On the four-hour timeframe, the meme coin appears to be slowly breaking out of its key resistance level, which it has been facing for an extended period. Current price momentum At press time, DOGE is trading near $0.185 and has recorded a modest price surge of 1.35% over the past 24 hours. However, earlier, the meme coin was experiencing slight downside momentum, but with strong investors’ and traders’ interest, it showed an impressive recovery. Data from CoinMarketCap reveals that DOGE has recorded a 15% jump in its trading volume during this period. Dogecoin (DOGE) price action and technical analysis According to Crypto Time Now’s technical analysis, DOGE appears bullish and is poised for significant upside momentum. As per the four-hour chart, the meme coin had been consistently facing resistance from a descending trendline. However, after consolidating for nearly three days, DOGE now appears to be breaking out of both the trendline and the consolidation pattern, which seems to be a bullish sign for the meme coin. Dogecoin price prediction Based on the recent price action and historical patterns, if the meme coin closes a daily candle above the $0.19 level, the Dogecoin prediction suggests a strong 32% upside move until it reaches the $0.25 level. On the other hand, Dogecoin prediction could turn bearish or remain unchanged if it fails to sustain above the $0.19 level. As of now, DOGE’s 200-day Exponential Moving Average (EMA) on the four-hour timeframe is trading above the meme coin’s price, indicating that the asset is in a short-term downtrend. Also Read: The Graph (GRT) Price Prediction 2025, 2026 – 2040 On-chain metrics flash a bullish signal Given the current market sentiment, traders and investors have shown strong interest in the meme coin, with some taking long positions and others accumulating tokens, according to the on-chain analytics firm Coinglass. $10.90 million worth of DOGE outflow Data from spot inflow/outflow reveals that exchanges across the crypto landscape have recorded a significant outflow of $10.90 million worth of DOGE. This substantial outflow, recorded within 24 hours, potentially suggests accumulation by whales and investors amid the price dip. Such a notable outflow of any asset ahead of a breakout is a bullish sign and may lead to increased buying pressure and further upside momentum. $27.5 million worth of bullish bets Meanwhile, traders have been strongly betting on long positions. At press time, $0.1776 is a key level where traders are heavily over-leveraged, with $27.47 million worth of long positions built. On the other hand, $0.1868 is another over-leveraged level on the upper side, where traders have built $14.89 million worth of short positions. When combining these on-chain metrics with DOGE’s price action, it appears that bulls are dominating, suggesting a potential upside rally in the coming days.
AVAX Price Crash Imminent? Expert Insights and Full Analysis
Avalanche’s native token AVAX price is poised for a downside momentum, as both whale activity and recent price action flash a red flag. The daily chart reveals that since the beginning of May 2025, the asset has been in a downtrend, consistently forming lower highs and lower lows. Whale Transactions Dip Sharply Amid this, large holders and investors were hesitant to participate. Data from the on-chain analytics platform IntoTheBlock reveals that transactions by whales worth $100K to $1 million, $1 million to $10 million, and over $10 million have dropped by 65%, 95%, and 100%, respectively. This notable drop in whale transactions indicates weakening confidence and interest in AVAX, which appears to be a major red flag for the token and could trigger further downside pressure in the coming days. Also Read: TRUMP Coin Price Could Soar by 41%, Here’s Why Long Liquidations Rise, Is a Crash Incoming? Due to this price decline, traders who had been betting on long positions ended up facing liquidations. Over the past 24 hours, the majority of trader liquidations have come from long positions. According to Coinglass, a total of $290K worth of long and short positions have been liquidated, with the majority, $189K, coming from the long side. This highlights the market’s bearish structure and suggests that sellers are currently in control. When combining all these on-chain metrics with the current market sentiment, it appears that AVAX is bearish and may see downside momentum in the coming days. Price Momentum Weakens, Volume Drops As of now, AVAX is trading near $20.30 and has recorded a price decline of over 3.10% in the past 24 hours. This decline may be a potential reason behind the notable drop in the asset’s trading volume. According to CoinMarketCap data, during the same period, AVAX’s trading volume has dropped by 22% compared to the previous day. Avalanche (AVAX) Price Action and Key Levels According to Cryptotimenow, AVAX price is near a make-or-break situation, but based on the current sentiment and whales’ activity, it appears bearish. The daily chart reveals that AVAX price has been making lower highs and lower lows, and the asset is near a descending trendline that has consistently acted as resistance. AVAX Price Prediction Based on recent price action, if history repeats and AVAX fails to breach the descending trendline, there is a strong possibility that the asset could see a price decline of 20% until it reaches the $16 level. On the other hand, if the sentiment shifts and the price breaks the trendline and closes a daily candle above $21.50, AVAX could see 20% upside momentum.
TRUMP Coin Price Could Soar by 41%, Here’s Why
The Trump coin price has been in a consistent downtrend for nearly a month, and based on the current price action, this bearish momentum could continue in the coming days. The daily chart shows that the meme coin has lost nearly 40% of its value in less than three weeks and is now testing a key support level at $9.55. Current Price Momentum As of writing, the TRUMP coin was trading near $10.17, and over the past 24 hours, it recorded a modest price surge of 1.65%. Despite the price increase, the meme coin has been experiencing a decline in trader and investor participation, as its trading volume dropped by 15% compared to the previous day. This decline in volume occurred as the price showed signs of a potential reversal, indicating weak momentum for the TRUMP coin. On-Chain Data Signals Fear and Hesitation Given the current market sentiment and TRUMP’s price action, it appears that investors and long-term holders are hesitant to either accumulate or sell off, as reflected in the data observed on the on-chain analytics tool CoinGlass. Data from spot inflow/outflow reveals that exchanges across the crypto market have recorded an outflow of $283K worth of TRUMP coins over the past week. This minor outflow from exchanges hints at potential accumulation by investors and long-term holders. Traders Strongly Believe in the Long Positions Meanwhile, traders have shown bullish sentiment, as long positions have reached their highest level since May 2025. At press time, the TRUMP Long/Short ratio stands at 1.20, indicating strong bullish sentiment among traders. Additionally, the metric reveals that 54.59% of top traders are holding long positions, while 45.41% are holding short positions. When combining these on-chain metrics, it appears that the bulls are present, but due to the weak market structure, they have been struggling to commit to either side. Also Read: DeepSeek’s Bold Prediction for Cardano Crypto: Will ADA Hit $7? Trump Price Action and Technical Analysis According to expert technical analysis, the TRUMP coin price has been in a downtrend since May 2025. The daily chart reveals that during this period, the meme coin has consistently faced resistance from a descending trendline. As shown in the four-hour chart, whenever the TRUMP coin price approaches this level, it encounters selling pressure that leads to downside momentum, a pattern that was also observed on June 6, 2025. So far, the price of the meme coin is sitting at a key support level and is also near trendline resistance. TRUMP Coin Price Prediction: Bullish or Bearish? Based on recent price action and historical patterns, investors and traders could witness a decisive move in either direction. If market sentiment remains unchanged, there is a strong possibility that the TRUMP coin price could experience a downside move of over 10%, potentially dropping to the $8.50 level. On the other hand, if sentiment shifts and upward momentum accelerates, breaching the descending trendline, there is a strong possibility that the TRUMP coin price could see an upside rally of either over 20% or even 41% in the future, potentially reaching the $12.65 or $15 levels.
DeepSeek’s Bold Prediction for Cardano Crypto: Will ADA Hit $7?
Cardano crypto (ADA), a leading proof-of-stake blockchain platform, is receiving attention. This is due to a bold prediction by an advanced AI model that suggested a major price surge could be underway. The forecast raised new concerns about the top crypto’s future. DeepSeek AI Predicts Cardano Crypto Could Reach $7 DeepSeek, a China-based AI model known for large-scale predictive analytics, recently projected that Cardano crypto could see a price increase to $7 by the end of 2025. According to TapTools, a crypto analytics and charting platform, this prediction represents a nearly 1,029% increase from ADA’s current trading levels. As of June 6, Cardano crypto was trading at $0.66, reflecting a substantial gap between its present valuation and the AI model’s forecast. DeepSeek’s prediction has gained attention due to the magnitude of the projected growth, which suggests a 10x increase in value within several months. However, TapTools did not provide any technical or macroeconomic justification behind the model’s estimate. Consequently, the Cardano community has responded with interest. While some market analysts have pointed out that the broader cryptocurrency market may likely need to expand significantly to support such a move. A total crypto market capitalization of around $10 trillion may be necessary for ADA to achieve this valuation. Also Read: XRP Price Crash Ahead? 53 Million Tokens Moved to Coinbase Contrasting Forecasts Reflect Varied Market Sentiment However, while DeepSeek projected a bullish trajectory, other cryptocurrency analysis platforms have shared more conservative estimates for the Cardano crypto 2025 price range. Changelly, a crypto exchange and prediction tool, forecasted that ADA may likely trade between $0.67 and $0.82. The average price may be $0.75 by the end of this year. Cardano Crypto Price Chart Source: Changelly CoinCodex, another tracking platform, offered a slightly more optimistic outlook. Their forecast placed Cardano crypto between $0.87 and $0.94 in 2025, averaging around $0.90. While this estimate is higher than Changelly’s, it is far below DeepSeek’s target. Investing Haven, a digital market research site, also gave a broader potential range. Their projection suggested ADA may range from $0.66 to as high as $1.88 in 2025, with the upper limit being $2.36 in more bullish conditions. This still positions DeepSeek’s prediction as an outlier among currently available forecasts. Recent Cardano Crypto Price Activity Cardano crypto price movement in early June has shown downward momentum. Between June 1 and June 6, ADA experienced a drop from $0.678 to a low of $0.62. Over the past 24 hours, the token has recorded a price surge of over 4.75% and is currently trading near $.6588. Additionally, this short-term drop is attributed to broader market conditions affecting most altcoins. It is also a result of reduced trading volumes and risk-off sentiment among retail investors. Cardano crypto total market capitalization and trading activity have also declined during this period. Despite the dip, some traders have expressed interest in accumulating ADA at lower prices. Social media commentary from retail users indicated mixed sentiment, with some regretting recent sales and others viewing the correction as a potential entry point. Nevertheless, there is no consensus on whether the current decline is temporary or part of a longer-term trend. Analysts Compare ADA Trajectory to Previous Cycles Egrag Crypto, a market commentator known for comparing cycle performance across assets, noted that ADA may follow a pattern similar to XRP during the 2021 bull run. XRP underperformed during that cycle, failing to reach its all-time high despite broad market gains. In his view, Cardano crypto may also underperform relative to other altcoins unless new adoption drivers or market inflows materialize. He stated that while a $7 price target is possible, it would depend on substantial macro growth across the cryptocurrency sector.
XRP Price Crash Ahead? 53 Million Tokens Moved to Coinbase
Ripple Labs’ native token, XRP price has been hit hard amid ongoing market uncertainty and is currently at a make-or-break point. The daily chart reveals that the asset has dropped over 7% in a single day, nearing a key support level at $2.04 and the 200-day EMA. 53 Million XRP Move to Coinbase, Time to Sell? Given the current market structure and XRP price action, whales and traders maintain a strong bearish outlook, raising questions about whether the XRP price will hold this support or is preparing for a crash. Recently, a blockchain transaction tracker, Whale Alert, shared a post on X (formerly Twitter) stating that over 53 million XRP tokens worth $118 million were moved to Coinbase in the past 24 hours. So far, this substantial transaction from an unknown wallet to Coinbase has not been confirmed as a sell-off. However, the timing of these transactions coincides with XRP’s recent 7 % price dip, hinting that investors or whales might be preparing for a sell-off. Additionally, such transfers are typically linked to whales and may suggest a move in anticipation of a potential market crash. Also Read: Pump.fun Rumored to Launch Token with $4 Billion Valuation $91 Million Worth of Short Position at $2.268 Level Besides these bearish transactions, data from the on-chain analytics tool Coinglass reveals that traders are also aligning with the current market sentiment. Over the past 24 hours, traders are over-leveraged at $1.962 on the lower side, where they have built $43.60 million worth of short positions. On the other hand, $2.268 is another key level where traders have built $91.66 million worth of short positions, hoping that the price won’t rise above this level. This metric indicates that traders holding short positions are currently dominating and controlling the market. Additionally, due to these significant bearish bets, it could be challenging for the asset’s price to breach this level, as it now acts as strong resistance. Current price momentum At press time, XRP is trading near $2.13 and has recorded a price dip of 2.65% over the past 24 hours. During the same period, it has garnered significant attention from traders and investors, resulting in a 75% surge in trading volume. XRP price action and key levels According to Trading View, XRP is currently near a key support level at $2.04 and is also retesting the 200-day EMA. With a 21% price decline, the XRP price reached a make-or-break point. Given the current market sentiment, where whales and traders are strongly involved in bearish activity, questions arise about what XRP might witness next. Based on recent price action and historical momentum, if the current sentiment remains unchanged, the XRP price is likely to continue struggling to gain momentum. Meanwhile, if the downward pressure accelerates and the price falls below the $2 level, it could drop by 13% until reaching the $1.74 level. On the other hand, if bullish momentum returns or any positive developments occur, there is a strong possibility the asset could surge by 22%, reaching the $2.60 level.
Mastermind of Crypto-Related Kidnappings Captured in Morocco
In a major turn of events, Moroccan authorities have arrested Badiss Mohamed Amide Bajjou, a 24-year-old French Moroccan man. Bajjou is accused of being the mastermind of the string of crypto-related kidnappings in France. French and Moroccan authorities achieved a breakthrough. Their efforts target organized crime in the crypto sector. Ringleader Captured in Tangier Bajjou, the suspected leader of the kidnappings, was arrested in Tangier. The General Directorate for National Security carried out the capture in northern Morocco. At the time of his arrest, authorities found multiple mobile phones, bladed weapons, and a stash of cash in his possession. His capture followed an Interpol red notice. It was issued in 2023 and linked him to serious charges, including abduction, false imprisonment, and hostage-taking. French Justice Minister Gérald Darmanin welcomed the development. He described it as “excellent judicial cooperation” between France and Morocco. Crypto Executives Under Siege The arrest also sheds light on a disturbing trend in France. There, crypto executives and their families are being targeted in a series of kidnappings due to their perceived wealth. The most recent incident happened on 13 May. At that time, a group of attackers attempted to kidnap the pregnant daughter and grandson of Pierre Noizat, the CEO of Paymium. The attack happened in broad daylight in Paris’ 11th district. Fortunately, Noizat’s daughter and her husband resisted with the help of bystanders. All of them forced the attackers to retreat into a getaway van. Just ten days earlier, on May 3, Paris police rescued the father of another crypto entrepreneur. He had been held hostage in a €7 million ($7.8 million) ransom scheme. Back in January, David Balland, co-founder of Ledger, was kidnapped along with his wife. During their ordeal, Balland’s finger was reportedly cut off to force him to give up his private keys. Also Read: Pi Coin at Risk? Why $0.61 Is a Make-or-Break Level How the Crypto Space Became a Target The increase in crypto-related kidnappings has been a source of alarm among law enforcement and industry stakeholders alike. This is especially true with digital assets becoming more valuable and accessible. Criminals are now shifting from cyberattacks to more violent methods like wrench attacks. There, victims are forced at knifepoint/gunpoint to transfer crypto. Crypto security expert Jameson Lopp, co-founder of Casa, pointed out that “These attacks are a brutal reminder of how physical security and digital security are now intertwined.” The Youth Factor in Organized Crime According to French police, the kidnappings weren’t isolated events. Authorities have charged 25 individuals, including six minors, in connection with these crimes. Many of these suspects are reportedly from France, Angola, Senegal, and Russia. Ambroise Vienet-Legue is the defense attorney representing an 18-year-old suspect in one of the cases. He said that the allure of quick cash drew in many young people. They were then pulled into crimes they didn’t fully understand. He has called on the court to consider the youth and inexperience of some defendants when delivering judgments. A Second Suspect Still at Large While Bajjou’s arrest marks a major success, the investigation is far from over. Authorities are still searching for another French-Moroccan man in his forties, who is regarded as a top recruiter in the kidnapping ring. He allegedly lured young men online with promises of easy money in exchange for kidnapping selected people. He is also wanted for attempted murder and the 2023 kidnapping of a crypto entrepreneur’s mother. So far, two police warrants have been issued for his arrest, and efforts to track him down are ongoing.
Pi Coin at Risk? Why $0.61 Is a Make-or-Break Level
The Pi Coin has garnered significant attention lately, with its price hovering around $0.64. Many traders and investors are curious if this is an excellent entry point for a potential price rally. With recent fluctuations and technical analysis showing some promising signs, there may be reasons to believe that Pi could hit the $1 mark sooner than expected. Pi Coin Price Action and Market Behavior Over the past few weeks, Pi Network’s price has fluctuated between $0.60 and $0.70, signaling a period of consolidation. The current price is resting at $0.64, just above critical support levels. This consolidation phase may indicate that the market is preparing for a breakout in one direction. If Pi holds steady above the $0.61 support zone, the possibility of an upward movement remains high. During the consolidation, the volume has dropped, suggesting that investors are waiting for the next catalyst before making a decisive move. Traders often use this phase as an opportunity to re-evaluate market conditions, which is why the next significant price movement could be either bullish or bearish. Therefore, a breakout above the $0.65 level could lead to further price acceleration toward $1, especially if buying pressure increases. Market Sentiment and Volume Trends Point to Potential Upside Pi Network’s price has dropped by 4.23% over the last 24 hours, moving from $0.6453 to $0.6181, while its trading volume surged by 69.27%. This increase in volume indicates higher investor activity, signaling that traders may be waiting for a potential price reversal. The price is testing a key support level around $0.61, suggesting that if it holds, Pi could bounce back to its previous high. On exchanges, long positions are predominant, which reflects optimism among traders expecting the price to rise. However, if Pi fails to break higher, these long positions may be forced to sell, potentially triggering a short squeeze and further volatility. The market sentiment remains cautiously bullish, but with volatility in play, investors should watch key price levels closely. A break below $0.61 could signal further declines, while a push above $0.6453 would confirm the bulls’ strength. Technical Indicators Suggest Room for Growth on Pi Coin According to expert technical analysis, Pi Coin’s price appears bearish but has been consolidating within a tight range over the past week. The daily chart shows that this ongoing consolidation is occurring near a key support level at $0.55. Analysts note that consolidation is typically a phase where bulls and bears compete to push the asset in either direction. At the time of writing, Pi’s RSI is at 36.7, which indicates that it is almost oversold. Since Pi’s RSI value shows that the market is approaching oversold, an RSI below 30 may mean the asset could be ready to rise. A rise in the RSI above 40 might mean the start of the crypto recovery, possibly heading towards a price of $1. Also Read: Pump.fun Rumored to Launch Token with $4 Billion Valuation Pi Network’s Key Support and Resistance Levels Based on recent price action and historical patterns, if the downward pressure accelerates, there is a strong possibility that the asset could drop by 10% and reach the $0.55 level. On the other hand, if market sentiment improves and the network upgrades itself by resolving the KYC issues, there is a strong possibility that Pi Coin could see an upside rally of over 40%, potentially reaching the $0.85 level.
Ethereum Price Prediction Bullish as Whales Increase Accumulation
Amid market uncertainty, the Ethereum price prediction appears bullish, as interest from whales and institutions has skyrocketed. This strong bullish outlook has emerged during a period of prolonged consolidation for the asset. Are Whales on a Buying Spree? Recently, a crypto expert shared posts on X (formerly Twitter), noting that Ethereum is receiving massive attention from Abraxas Capital. The post mentioned that the financial firm recently withdrew $38.28 million worth of ETH from Binance. https://x.com/TedPillows/status/1930526955817841039 In addition, earlier this month, before the rally, the firm had already made millions of dollars worth of investments in ETH. This consistent investment by industry giants highlights the long-term potential of Ethereum. Moreover, another post on X shared that major industry giants continue to pour money into ETH. According to the data, ETH ETF inflows totaled $57 million, with BlackRock’s ETHA fund accumulating more Ethereum. Current Price Momentum Despite the notable interest and confidence from industry giants, ETH’s price continues to struggle. At press time, ETH was trading near $2,565 and had recorded a price decline of over 3.75% in the past 24 hours. During the same period, its trading volume dropped by a modest 7%, indicating lower participation from local traders and investors compared to the previous day. This substantial inflow and withdrawal of ETH is raising several questions—whether this is the right time to buy, if an ETH consolidation breakout is imminent, and more Also Read: Bitcoin Price Prediction: Bulls Eye $130K, Expert Says $173K Ethereum (ETH) Price Action and Technical Analysis According to expert technical analysis, the Ethereum price prediction suggests that the asset could remain sideways until it breaks out of the consolidation phase. The daily chart reveals that ETH has been consolidating within a very tight range between $1,400 and $2,730 for the past three weeks. However, this consolidation is occurring along the 200-day Exponential Moving Average (EMA) and near a key resistance level at $2,835, indicating that the asset is in an uptrend. Ethereum Price Prediction Based on recent price action, if sentiment shifts and ETH breaks and closes a daily candle above the $2,835 level, the Ethereum price prediction could turn bullish. If this happens, ETH could see a price surge of over 40% until it reaches the $3,990 level. On the other hand, the Ethereum price prediction could turn bearish if the lower support level breaks down. If this happens, there is a strong possibility that ETH could drop to the next support level at $2,150 in the near future Besides this price prediction, ETH’s Relative Strength Index (RSI) stands at 57, indicating that the asset is approaching overbought territory. Meanwhile, it further suggests that the asset’s strength remains solid and that there is enough room for ETH to continue rising and potentially experience a significant upside rally. Analyst’s Ethereum Price Prediction Given the current market sentiment, a crypto analyst shared, “ETH is currently locked inside a textbook Right-Angled Descending Broadening Wedge: a powerful and rare pattern that historically leads to explosive breakouts.” The post on X further noted, “Unlike typical wedge patterns, this structure widens as it descends, signaling increasing volatility and uncertainty. But that uncertainty can quickly turn into a powerful momentum ignition once the breakout is confirmed.” According to the analyst, ETH could soon hit the $3,900 level. Meanwhile, the post further added that if this happens and the asset breaks this resistance, flipping it into support, the upside potential for ETH is massive, and it could even reach the $5,000 mark.