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An analyst has identified XRP’s next key price levels to monitor as the asset struggles to reclaim the $2.50 resistance level following a breakdown from a key technical structure. Notably, XRP had been following a steady upward trend within an ascending channel. However, the price encountered strong resistance near $2.50, aligned with the 0.236 Fibonacci retracement level, which triggered a sharp rejection and subsequent sell-off, as observed by analyst Rocksorgate . In a May 24 TradingView post, the analyst suggested that XRP’s recent drop was likely a coordinated move to break below the 200-period exponential moving average (EMA), a vital dynamic support that typically signals trend direction. XRP price analysis chart. Source: TradingView Currently, XRP is hovering near the 0.5 Fibonacci retracement level at $2.35, a critical support area. If this level holds, it may lead to price stabilization. However, if it fails, the next support lies at the 0.618 ($2.29) and...

The Pi Network price pumped 80% in the last 24 hours to trade at $1.268 as of 08:49 p.m. on trading volume that skyrocketed 221% of $1.3 billion. The surge has made PI Coin the top trending major cryptocurrency on CoinMarketCap. Pi Network Price To Sustain The Bullish Trend Reversal The PI price chart reveals a strong downward move followed by a stabilization phase and a potential reversal. Initially, the Pi Network price saw a sharp drop, reaching a low of approximately $0.615, before gradually forming a rounded bottom pattern. This suggests that buyers have started stepping in at lower levels, leading to a gradual recovery. Recently, the price of Pi Network surged towards the 38.2% Fibonacci retracement level at $1.40, encountering resistance around this zone on the 30-minute timeframe. The chart indicates that the price of PI is attempting to reclaim lost ground, with the 61.8% level around $0.90 serving as a critical support. Additionally, a 50-day Simple Moving Average...