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Cryptocurrencies Price Prediction: Ripple, Pi Network & Cryptos – American Wrap 24 October

Ripple Price Forecast: XRP advances with bullish weekend in focus 

Ripple (XRP) increases in tandem with the broader cryptocurrency market, trading above $2.45 on Friday. Market participants anticipate volatility following the release of the US Consumer Price Index (CPI), which showed that inflation is rising, but at a slightly slower pace than market forecasts. 

Pi Network Price Forecast: PI eyes further gains as mainnet migration gains traction

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. 

JPMorgan to roll out Bitcoin, Ethereum-backed loans for institutional clients by year-end 

JPMorgan Chase is reportedly planning to offer Bitcoin (BTC) and Ethereum (ETH) backed loans, targeting institutional clients by the end of the year in what is seen as a paradigm shift in the bank’s policy.

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Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.

Crypto Today: Bitcoin, Ethereum, XRP rebound as risk appetite improves

Bitcoin rises marginally, nearing the immediate resistance of $68,000 at the time of writing on Friday. Major altcoins, including Ethereum and Ripple, hold key support levels as bulls aim to maintain marginal intraday gains.

Bitcoin Weekly Forecast: No recovery in sight 

Bitcoin price continues to trade sideways between $65,729 and $71,746, extending its consolidation since February 7. US-spot ETFs record an outflow of $403.90 million through Thursday, pointing to the fifth consecutive week of withdrawals.

Pi Network Price Forecast: PI recovery stalls amid profit-taking

Pi Network tests 50-day EMA support on Friday, after a 5% decline the previous day. PiScan data shows large deposits on CEXs totaling over 4 million PI tokens in the last 24 hours, reflecting an exodus of investors taking profits.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.