Cryptocurrencies Price Prediction: PI, Bitcoin & DOGE – European Wrap 24 October

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Pi Network Price Forecast: PI points to crucial resistance as migration drives demand

Pi Network (PI) steadies on Friday near the critical 50-period Exponential Moving Average (EMA) on the 4-hour chart, after surpassing a local resistance trendline. The breakout move aligns with the announcement of 2.70 million Pi Network users, also called Pioneers, migrating to the mainnet. With optimism surrounding Pi Network, outflows from Centralized Exchanges (CEXs) wallets have surpassed 1.17 million PI in the last 24 hours, suggesting a surge in demand.

Bitcoin Weekly Forecast: BTC reclaims $111,000 ahead of US CPI data release

Bitcoin (BTC) price reclaims $111,000 mark at the time of writing on Friday, after finding support around the key level earlier this week. Investors now focus on the US Consumer Price Index (CPI) data release due later on Friday, which could influence market sentiment and volatility. Meanwhile, institutional flows remain mixed so far this week, reflecting a cautious stance among investors.

DOGE breaks $0.195 level on heavy trade, Wyckoff setup points to next leg higher

Dogecoin pushes through critical technical barriers in a 2.4% rally as institutional flows lift trading activity 68% above daily averages, signaling controlled accumulation within a broader Wyckoff phase.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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