Cryptocurrencies Price Prediction: BONK, PI & Crypto – European Wrap 22 July
Bonk Price Forecast: BONK uptrend wobbles but Golden Cross patterns signal demand resilience
Bonk (BONK), the Solana-based meme coin, is facing headwinds on Tuesday, down nearly 2% and trading at around $0.00003446 at the time of writing. As Bitcoin (BTC) extended its rally to a new record high of $123,218 on July 14, investors aggressively bought BONK, boosting its recovery to a high of $0.00004075 reached on July 17.
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Pi Network Price Forecast: PI hits a crucial resistance as range breakout gains momentum
Pi Network (PI) edges higher by over 4% at press time on Tuesday after breaking out of a consolidation range. A large wallet investor, popularly known as whales, has acquired nearly 3 million PI tokens, reflecting confidence in the breakout rally.
However, Pi network struggles to surpass the $0.50 psychological mark as Bitget and MEXC exchanges offload their holdings to other exchanges.
Crypto Today: Bitcoin consolidates, Ethereum and XRP trim gains as Elon Musk's SpaceX moves $150 million BTC
Cryptocurrencies, particularly leading altcoins, are showing signs of weakness on Tuesday, following a week of steady gains. Ethereum (ETH) is frontlining the correction, down over 2% to trade at $3,662 at the time of writing on Tuesday. Ripple (XRP) also faces headwinds following a retest of its record high of $3.66 on Monday.
Author
FXStreet Team
FXStreet
