Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Pi Network — Asian Wrap 27 June
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC inches away from record highs, ETH, XRP on verge of breakout
Bitcoin price declined, reaching a daily low of $98,200 on Sunday, but avoided a daily close below the $100,000 psychological level. BTC recovered sharply on Monday and continued its recovery over the next two days, closing above $107,000 on Wednesday and stabilizing the next day. At the time of writing on Friday, it hovers around $107,000.
Ethereum Price Forecast: ETH sees growth in network activity amid range-bound price movement
Ethereum (ETH) is down 1% in early trading hours on Friday, as market activity remains cautious following low realized profit and loss, along with steady open interest. Despite this, Ethereum's network usage has rebounded, with transaction counts rising from 1.23 million to 1.75 million on Wednesday, spurred by an increase in active addresses.
Pi Network, SPX6900, Celestia post double-digit losses as altcoin market plummets
Pi Network edges lower by 2% at press time on Friday, extending the 9% drop from the previous day. PI risks losing the 28% gains made earlier this week as it reverses from the $0.66 resistance level. A steeper correction could test the weekly low at $0.49, risking the psychological support level of $0.50.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.