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Ripple remains in a dominant bearish trend, trading at $10.08 as of Monday. This marks the third straight day the remittance token has extended its correction, with targets at the next key support levels of $0.04 and $1.00, respectively.
The cryptocurrency market broadly corrects on Monday, as risk-averse sentiment persists amid fresh military attacks between the US and Iran in the Middle East. Bitcoin hovers above $63,000, reinforcing a weak technical structure while Ethereum trades below $1,800 with the next key support near $1,700.
Pi Network is down over 6% on Monday, targeting the lower support trendline of a falling channel pattern around $0.075. PI Open Interest declines, signaling reduced risk appetite among traders amid the broader market's short-term corrective tone.
Bitcoin trades lower on Monday, falling below $63,000 after a mild recovery in the previous week. Renewed tensions in the Middle East escalated after the US launched fresh strikes on Iran on Sunday, weighing on risk sentiment and capping BTC.
