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Cryptocurrencies Price Prediction: Cardano, Pi Network & Bitcoin – Asian Wrap 28 August

Cardano Price Forecast: Whale accumulation fails to dispel uncertain ADA outlook

Cardano (ADA) edges below $0.220 at the time of writing on Friday after losing over 7% so far this week. Despite the recent weakness, on-chain data shows that some whale wallets are using the pullback to accumulate ADA tokens. Meanwhile, mixed on-chain and derivatives metrics point to a cautious outlook as traders assess whether the recent decline could extend further.

Pi Network Price Forecast: PI holds steady as Core Team focuses on distributed AI infrastructure

Pi Network (PI) price hovers above $0.0900 on Friday, sustaining the mild 3% gains recorded over the last two days. Pi Core Team announced the launch of new SoloHost apps, OpenClaw and Atlassian MCP Server, on Thursday, in hopes of expanding the Pi ecosystem. PI token must reclaim the $0.1000 psychological threshold for a sustained recovery.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP extend bullish runs as technicals warn of stretched momentum

Bitcoin trades at $80,403 on Friday, keeping a clear bullish bias as price holds well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $68,400 and $72,100. The strong advance has pushed the Relative Strength Index (RSI) into overbought territory near 82. At the same time, the Moving Average Convergence Divergence (MACD) indicator remains positive but is easing from recent extremes, suggesting upside momentum is still dominant but becoming stretched.

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Pi Network Price Forecast: PI holds steady as Core Team focuses on distributed AI infrastructure

Pi Network price hovers above $0.0900 on Friday, sustaining the mild 3% gains recorded over the last two days. Pi Core Team announced the launch of new SoloHost apps, OpenClaw and Atlassian MCP Server, on Thursday, in hopes of expanding the Pi ecosystem. PI token must reclaim the $0.1000 psychological threshold for a sustained recovery.

Crypto Overview: Bitcoin tops $80,000 amid $6 billion options expiry – Ethena, Official Trump rally

The broader cryptocurrency market maintains a bullish character, with Bitcoin advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback.

Top 3 Price Prediction: BTC, ETH, XRP extend bullish runs as technicals warn of stretched momentum

Bitcoin and Ethereum extend gains on Friday, trading above $80,000 and $2,500 respectively, having rallied over 3% and 1.5% so far this week. Meanwhile, Ripple hovers around $1.44 on Friday, down more than 5% this week. The technical outlook for these top three cryptocurrencies remains constructive but is getting stretched, which could lead to a short-term correction.

ENA jumps over 20% as Ethena pushes to end investor unlock overhang
The Ethena (ENA) Foundation has announced a series of measures to address two long-standing concerns about its ecosystem, including selling pressure from early investors and uncertainty over how the protocol's economic value is distributed.
Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.