Altcoin Trio on Fire 🔥 — Pi, Aerodrome & Trump Token Eye Explosive Breakouts
Bulls try to break 50-day EMA as Pi Network reclaims $0.2500.
Aerodrome Finance approached $1 when Animoca Brands staked AERO for veAERO tokens.
Above $7, official Trump token falls.
Pi Network (PI), Aerodrome Finance (AERO), and Official Trump (TRUMP) beat the market last 24 hours. Pi Network works to surpass its 50-day Exponential Moving Average (EMA), while Aerodrome Finance and the Official Trump token strengthen their falling channel patterns.
Technical breakthrough rallies may help cryptocurrencies.
Pi Network returns
The seven-day upswing continues as Pi Network adds 5% at press time on Wednesday. Mobile mining cryptocurrency is regaining popularity owing to mainnet migration and ISO20022 certification speculations to compete with Ripple and other cross-border payment currencies.
Breakout rally may challenge $0.3220, August 1 low, $0.3384 100-day EMA, and $0.4000.
PI's downside support is $0.2500 and October 11's $0.1919.
On Tuesday, Animoca Brands sponsored Coinbase-based DEX Aerodrome Finance.
AERO is up 1% in Asian trading hours on Wednesday, extending its 8% increase from Tuesday. Recovery around $1 psychological barrier and above resistance trendline full daily chart falling channel patterns.
AERO closing over $1 would confirm the falling channel pattern's upward breakout, perhaps aiming $1.2687 as the R1 Pivot Point.
If AERO falls from $1, its S1 and S2 Pivot Points of $0.8587 and $0.7043 may sustain it.
Official Trump token forecasts bullish breakthrough.
The Official Trump token price is up 3% on Wednesday, ready for its sixth straight daily bullish candle. The official Trump meme currency approaches a local resistance trendline linking the May 22 and September 13 peaks to confirm a falling channel breakout rally.
If TRUMP token closes above trendline at $7.70, breakout surge may challenge $8.973 R1 Pivot Point.
TRUMP may challenge $6.323 as the S1 Pivot Point if it reverses trendline.
