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Cryptocurrencies Price Prediction: Chiliz, Pi Network & Bitcoin – Asian Wrap 08 May

Chiliz Price Forecast: CHZ extends gains as whale accumulation rises

Chiliz (CHZ) price is extending its gains, trading above $0.044 on Friday after posting three consecutive green candlesticks earlier this week. On-chain data shows that bullish price action is further supported by steadily rising whale accumulation. On the technical side, bulls remain in control and are targeting levels above $0.050 in the near term.

Pi Network Price Forecast: PI flashes bearish signals despite the Consensus 2026 spotlight

Pi Network (PI) is trading below $0.1800 at press time on Friday, extending its third straight day of steady decline. Retail interest in Pi Network continues to decline, despite its co-founders' speeches at Consensus 2026 on Thursday, suggesting further buying pressure. The technical outlook for the PI token is cautiously bearish, with a risk of a break below a long-term rising support trendline near $0.1735.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC rejection sparks pullback, ETH at risk of breakdown, XRP hints at deeper losses

Bitcoin is trading below $79,500 on Friday after being rejected by the 200-day Exponential Moving Average (EMA) at $82,048. However, BTC is holding a bullish near-term bias, as price sits above the 50-day and 100-day EMAs, clustered around $75,300–$76,300, and comfortably above the 50% retracement at $78,962. The Crypto King is, however, approaching a nearby cap at the horizontal barrier of $80,000, while the 200-day EMA is at $82,048 and the 61.8% Fibonacci level is at $83,437, forming a broader resistance band above.

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ondo Price Forecast: ONDO vulnerable to deeper losses amid CLARITY Act delay

Ondo is down over 2% on Friday, extending its 4% decline from the previous day, as the US Senate delays the floor vote on the crypto CLARITY Act to next month, weighing on Ondo. Retail demand for ONDO eases as Open Interest declines and funding rates turn negative. The technical outlook for ONDO is bearish as the downside momentum gains traction.

Ethereum Weekly Forecast: Calm before a bullish breakout

Ethereum continues to trade sideways, hovering around $1,901 on Friday, hinting at a potential breakout ahead. Meanwhile, steady Exchange Traded Funds inflows and rising accumulation among large ETH holders suggest that bullish pressure could be building beneath the surface. Institutional demand continues to strengthen.

Crypto Overview: US Senate delays Clarity Act vote – Cardano and LayerZero sustain gains

Bitcoin price holds steady above $64,000 with the 50-day Exponential Moving Average at $64,637 capping gains. The US Senate has delayed the floor vote for the Crypto Clarity Act after the summer recess, starting Monday. Cardano and LayerZero hold gains from the previous day's rebound, outperforming top altcoins over the last 24 hours.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC under pressure, ETH trades sideways, XRP gravitates toward $1
Bitcoin (BTC) and Ethereum (ETH) remain under pressure on Friday after mild gains, while Ripple (XRP) slides over 5% so far this week. BTC faces rejection near a key resistance barrier, and ETH has been trading sideways for the last 22 days. Meanwhile, XRP is gravitating its correction toward the key $1 support zone.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.