Pi Coin, often criticized for its unconventional mining approach, is showing signs of a bullish reversal. Technical charts reveal a double-bottom and a falling wedge formation—both considered bullish signals. Traders are eyeing Pi Coin as it tests resistance levels, suggesting potential breakout opportunities. While Pi remains controversial due to its unique model, community activity is increasing, and listings on new exchanges have boosted liquidity. For risk-tolerant investors, Pi may offer speculative upside. Analysts caution that volatility is high, but technical setups support optimism. If Pi sustains momentum, it could become one of the more surprising performers in the current cycle, reflecting the unpredictable nature of crypto markets.
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Bitcoin at $120K faces psychological resistance. If momentum weakens, historical support lies near $112K–$115K, backed by strong on-chain realized price levels. Holding above $120K requires consistent ETF inflows and stable macro conditions. Failure could trigger cascading liquidations. Technical indicators suggest RSI neutrality, leaving room for both continuation and correction. For traders, the key is monitoring volume near resistance. Sustainable consolidation above $120K may set the stage for testing higher targets.
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LTC halving occurred with minimal price movement. Miner profitability drops, but hash rate remains steady. The event was well-priced in, signaling a mature market.
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