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📉 What’s Next for Pi Coin Price as Whales Dump 1.5M Tokens- $0.52 or $0.26? Pi Coin price has dropped by 9% in the last week, with this performance contrasting that of other altcoins that are posting consecutive gains as the current market sentiment favors bulls. This performance has also caused speculation on whether the Pi Network token will crash below its previous all-time low or rebound to $0.52. 🔸 Pi Coin Price Outlook as Mixed Signals Emerge The Pi Network token is only 9% shy of its all-time low of $0.40, and this is causing jitters among investors about this token being “dead.” The 4-hour timeframe chart amplifies these concerns due to the emergence of mixed signals that show the possibility of an imminent crash or potential recovery. The RSI indicator is making the case for a potential recovery by showing a bullish divergence as it makes a slow but gradual rise while the Pi Coin price is dropping. This shows that there could be some traders buying at the bottom, and if this continues, the price might start bouncing to reflect the buying activity. At the same time, the Bollinger bands are narrowing, which also signals a potential squeeze that might push the Pi Network token higher, possibly to the upper band of $0.47 before a stronger rally to the 161.8% Fibonacci level of $0.52 happens. However, the lack of any strong recovery for the last three weeks, despite the rest of the market surging, shows that traders are abandoning Pi Coin and focusing on other gainers. This scenario creates a bearish Pi Network price forecast that a crash below the all-time low of $0.40 is more likely to happen in the near term. 🐋 Whales Move 1.5M Tokens to Exchanges Whales might cause the drop in Pi Coin price to an all-time low, as on-chain data shows that they have been moving their tokens to exchanges to reduce their exposure to the token. According to Piscan data, the top ten largest transactions completed in the last 24 hours involved the transfer of Pi tokens to exchanges. #PI #PiNetwork
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💥 $HBAR price jumps after first staking Hedera ETF launch Hedera Hashgraph token jumped and crossed an important resistance level after the launch of the first staking exchange-traded fund. Hedera (HBAR) jumped to a high of $0.2500, its highest level since March 7, up by nearly 100% from its lowest point in June. This rally was fueled by the ongoing crypto bull run. Another catalyst for the surge was the announcement from Valour Finance about the launch of the Valour Hedera Physical Staking exchange-traded product on the SIX Swiss Exchange. In a statement, Johanna Belitz, the Head of Nordics at Valour, said: 💬 “Switzerland is one of the most forward-looking markets for regulated crypto products, and we’re proud to offer investors here access to yield-bearing protocols like HBAR and ICP in a simple and compliant format.” The new listing will give investors, mostly in Switzerland, access to HBAR and its staking rewards. Data shows that HBAR tokens have a relatively small yield of 0.03%, much lower than other popular tokens like Solana (SOL) and Avalanche (AVAX). The listing comes as Wall Street investors await a potential HBAR ETF approval by the Securities and Exchange Commission. An approval would give it access to American investors, who continue to show strong interest in crypto ETFs. For example, spot Bitcoin ETFs have attracted over $53 billion in inflows, while Ethereum ETFs have added over $6.4 billion. The case for HBAR is that Hedera is a large crypto project with a market capitalization of over $10 billion. Members of its governance council include blue-chip companies like Google and Ubisoft, and its stablecoin ecosystem is gaining momentum. Its stablecoin supply has jumped to over $162 million, significantly higher than where it started the year. #HBAR #Hedera
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⚡️ Top Coins from the U.S. #ADA , #HBAR , #ALGO , #XRP , #XLM , and $XVG are now compliant with ISO 20022, and they were developed in the United States. 💡 What does this mean? ISO 20022 is an international standard used by banks and financial systems around the world for the secure and unified transmission of transaction data. 🏦 These coins are technically ready for integration into the traditional financial infrastructure. These projects could become central to the future financial system — a factor that potential investors should take into account.
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📈 Ethereum Should Rise If ETH repeats the BTC pattern from 2020, then we have every chance to grow to $7k-8k this year. Why Ether is trending again: ▫️ The number of ETH staked has reached ATH: 35.7 million ETH ($107 billion) are not circulating in the market. ▫️ Yesterday, BlackRock bought $499.25 million worth of ETH for its ETF (a new record). The company has already accumulated $6.9 billion worth of ETH. ▫️ SharpLink has accumulated 280,600 ETH, surpassing the Ethereum Foundation in terms of ether reserves. ▫️ Bears can be liquidated by $1 billion if the ETH grows by 10% to $3,800. ▫️ The number of Google searches for the word Ethereum has updated its maximum since December 2024. As the CEO of Bitwise said , ETH does not have to be BTC 2.0, but should have its own scope of application. #ETH #Ethereum
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📈 $FLOKI price targets 52% surge after retesting key trendline resistance FLOKI recently broke out of a key trendline resistance and flipped it into support, potentially laying the foundation for an upside rally in the coming weeks. According to data from crypto.news, FLOKI (FLOKI) surged 40% to a six-month high of $0.000138 on July 17. As of press time, it was trading slightly lower at $0.000129, still up 175% from its year-to-date low recorded in April. FLOKI’s rally seems to have gained traction after its price broke out of a long-term descending trendline and comple ted a clean retest on the daily chart. That move, typically seen as a classic bullish breakout, has helped shift market sentiment in favor of the bulls. The chart shows that FLOKI has been stuck in a downtrend since late 2023, consistently printing lower highs and lower lows. But that trend began to reverse in mid-May when FLOKI started forming higher lows, an early clue that buyers were stepping back in. The breakout in early July marked a major change in structure, and the successful retest confirmed that the former resistance had now flipped into support. At the moment, FLOKI is holding firm above the $0.00012 level, comfortably above the trendline it broke out from. That line had capped price action for months, but now appears to be acting as a solid support. FLOKI also broke out of a descending parallel channel that had been in play since May. It adds more weight to the bullish setup and suggests further upside could be on the cards. Still, the memecoin is now facing resistance around the 61.8% Fibonacci retracement level at $0.000167. A daily close above this level could open the door to the 78.6% Fib level at $0.000196, which would be roughly 52% higher than the current price level. #FLOKI #flokiinu
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