|

Cryptocurrencies Price Prediction: Pi Network, Tron & Ethereum – Asian Wrap 30 June

Pi Network Price Forecast: PI hits record low as risk appetite weakens

Pi Network (PI) remains under intense selling pressure on Tuesday, extending losses after hitting a record low of $0.1120 the previous day. The Pi2Day celebrations on Sunday failed to lift retail demand as the Open Interest continues to decline, indicating reduced risk appetite. PI should hold above $0.1120 to avoid a steeper correction that could threaten the $0.1000 psychological level.

Tron Price Forecast: Institutional accumulation fails to lift TRX

Tron (TRX) extends its decline, trading below $0.330 on Tuesday, drifting toward the key technical support zone. Despite the recent price dip, Tron Inc. (TRON) continued to accumulate, expanding its treasury to more than 702.9 million TRX. However, weakening derivatives metrics suggest traders remain cautious, capping the potential upside move for TRX.

Ethereum Price Forecast: BitMine slows ETH purchases even as ETH ETFs record largest outflow since January

Ethereum (ETH) treasury firm BitMine Immersion slowed the pace of its accumulation of the top altcoin following increased weakness across the crypto market. The Las Vegas-based firm purchased 27,084 ETH last week, increasing its total holdings to 5.7 million ETH worth $9.22 billion at the time of writing. Last week's purchase represents its fourth-lowest so far this year.

Author

FXStreet Team

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.

More from FXStreet Team
Share:

Editor's Picks

XRP grinds lower despite Ripple securing final OCC approval for National Trust Bank

Ripple is rising above $1.30 on Tuesday, while still largely constrained by technical hurdles. The token is down roughly 16% from its October high of $1.56, and 21% from the September peak of $1.66, reflecting weeks of persistent headwinds and risk-off sentiment.

Crypto Today: Bitcoin, Ethereum and XRP on edge as sell-side pressure intensifies

Cryptocurrency prices are broadly correcting on Tuesday, led by Bitcoin edging lower below the pivotal $80,000 level. Ethereum mirrors Bitcoin’s neutral-to-bearish outlook, while Ripple hovers around $1.30.

Top Altcoins Price Forecast: Ripple, Cardano, Solana extend losses amid persistent selling pressure

Top altcoins, including Ripple, Cardano, and Solana, face intense selling pressure, extending losses from the previous week. XRP tests the $1.2941 support floor, while ADA risks deeper losses and SOL struggles near the $100 mark.

Bitcoin consolidates below $80,000 as Middle East tensions, tech earnings loom

Bitcoin trades below $80,000 on Tuesday, failing to close above the 50-day EMA near $80,765 the previous day. Spot BTC ETFs recorded modest inflows of $110.34 million on Monday, while Strategy made no BTC purchases last week and Strive added 6,182 BTC.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.