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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.

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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. 

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Bittensor extends recovery despite retail demand slump

Bittensor, a leading Artificial Intelligence token, is aging up above $190 at the time of writing on Wednesday. Steady price increases characterise the broader crypto market, with Bitcoin holding above $71,000 and Ethereum above $2,000.

XRP rises as ETF inflows persist, but low retail demand may limit recovery

Ripple is gaining upside momentum, trading above $1.40 at the time of writing on Wednesday. The remittance token is rising in tandem with major crypto assets, including Bitcoin, which has crossed above the pivotal $70,000 level, and Ethereum, which is holding above $2,000.

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Renewed ETF inflows send BTC above $71,000, offsetting war uncertainty

Bitcoin price rises by 5%, near the upper boundary of the recent consolidation range. US-listed spot ETFs recorded an inflow of $225 million on Tuesday, marking the second consecutive day of positive flows this week.

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Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.