Dig Deeper, Invest Smarter
Eric Trump is making a case for investors to accumulate Bitcoin and Ethereum as prices take a major hit at the start of August. Despite his call, on-chain data has revealed incidents of mass asset sales with ETFs bearing the brunt. Eric Trump Wants Traders To Buy Bitcoin And Ethereum Dips Eric Trump, son of
The post Eric Trump Flashes ‘Buy The Dip’ Sign As Bitcoin And Ethereum Price Crash appeared first on CoinGape.
Pi Network (PI) has been down more than 8.5% in the last seven days. It has traded below $0.65 for six straight days but crashed below $0.60 today. The trend remains weak, with price action stuck below the Ichimoku Cloud.
The altcoin’s RSI briefly went above 50 but has dropped back to 45, showing fading bullish momentum. EMAs are still bearish. It’s hovering just above key support, and the next move may decide between a deeper drop and a potential rebound.
Pi Network is still trading below the Ichimoku Cloud, signaling a bearish market structure overall. However, a potential shift may be developing, as the blue Tenkan-sen (conversion line) has recently crossed above the red Kijun-sen (base line).
This crossover is often seen as an early bullish signal, especially if confirmed by rising volume or a move into the cloud.
Despite this, the future cloud remains red, indicating continued resistance ahead and signaling that the broader trend is still under pressure.
The Chikou Span (lagging line) is still below both the price candles and the cloud. This means any upside move has not yet been confirmed.
For a real trend reversal, PI must break into and above the cloud. The future cloud must also turn green, with all Ichimoku signals aligning bullishly.
Right now, the setup shows indecision. There’s a short-term bullish crossover, but the price is still under the cloud, and the broader trend remains bearish.
Pi Network’s RSI currently sits at 45.41, easing off after a sharp rally from 28.49 to 54.40 just two days ago. This indicates a slowdown in momentum following a brief period of recovery.
The pullback from above 50 suggests that buying pressure has weakened, and PI is entering a more neutral zone, where neither bulls nor bears are in full control.
The quick reversal also reflects uncertainty in the current price trend.
The Relative Strength Index (RSI) is a momentum oscillator ranging from 0 to 100, commonly used to identify overbought or oversold conditions.
Readings above 70 suggest an asset may be overbought and due for a correction, while readings below 30 indicate oversold conditions and potential for a bounce. Values between 30 and 70 are considered neutral, with 50 as the key pivot point.
PI’s current RSI at 45.41 is below that threshold, hinting at a slight bearish lean unless the metric turns back upward. If RSI continues to decline, it may reflect growing selling pressure and a risk of further price weakness.
PI price is trading just above a key support at $0.59, with bearish pressure building.
If this level is tested and broken, the next important supports lie at $0.547 and $0.40, potentially exposing the token to a deeper correction.
The Exponential Moving Averages (EMAs) remain in a bearish alignment, with short-term EMAs positioned below the long-term ones. This structure typically signals that the broader trend is still downward.
However, if the trend reverses and buyers step in, PI could climb to test resistance at $0.648, followed by $0.682.
A breakout above both—especially if supported by volume and a bullish EMA crossover—could push the price toward $0.789, signaling a shift toward a more sustained uptrend.
The post Pi Network Crashes Again After a Brief Rally – What’s Next for PI? appeared first on BeInCrypto.
The post XRP Lawsuit News: Can The SEC Vote To Continue Appeals Process In Ripple Case? appeared first on Coinpedia Fintech News
There’s a lot of confusion floating around the internet about the ongoing Ripple vs SEC case, with some posts claiming the SEC has already dropped its appeal against Ripple. However, the facts tell a different story.
To set the record straight: a judgment has already been made, and Ripple has decided to drop its cross-appeal. But as for the SEC’s appeal, it hasn’t officially been dismissed yet. Former SEC lawyer Marc Fagel clarified that both parties still need to file formal paperwork to dismiss their appeals. While it seems certain this will happen, the SEC is still going through its internal approval process.
When a social media user asked whether there’s a chance the SEC might vote to continue its appeal, Fagel explained that the SEC had already agreed to dismiss it as part of a prior settlement plan, though that plan was contingent on the court vacating an injunction, which didn’t happen. Now, there’s no reason for the SEC not to move ahead with dropping the appeal outright.
[post_titles_links postid=”447484″]
Once the SEC completes its internal vote, both the SEC and Ripple will jointly file papers to officially end the appeals. At that point, the district court’s judgment will take full effect, and this long-running legal chapter will finally close.
This clarification follows Ripple CEO Brad Garlinghouse’s recent statement, where he announced, “Ripple is dropping our cross-appeal, and the SEC is expected to drop theirs, as they’ve previously said. We’re closing this chapter once and for all and focusing on what’s most important — building the Internet of Value.”
Until the formal paperwork is filed, the appeals process technically remains open, though all signs point to its official end in the coming weeks.
[article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″]
The SEC sued Ripple in December 2020, alleging that XRP was an unregistered security. A judge ruled in July 2023 that XRP itself is not a security when sold on exchanges, but institutional sales did violate securities laws. Ripple recently decided to drop its cross-appeal, and the SEC is expected to follow suit, aiming to close the long-running legal battle.
The outlook for XRP’s value after the lawsuit’s expected resolution is cautiously optimistic. Many anticipate a significant price surge once the legal cloud is fully lifted, potentially due to increased institutional investment, new partnerships, and even the possibility of a spot XRP ETF, with some analysts predicting targets up to $5.81 or higher.
The post XRP Lawsuit News: Can The SEC Vote To Continue Appeals Process In Ripple Case? appeared first on Coinpedia Fintech News
There’s a lot of confusion floating around the internet about the ongoing Ripple vs SEC case, with some posts claiming the SEC has already dropped its appeal against Ripple. However, the facts tell a different story. To set the record straight: a judgment has already been made, and Ripple has decided to drop its cross-appeal. …
The post Solana Price Struggles, Experts Pick The Best Crypto To Buy For A Rally Like Pepe Coin In 2024 appeared first on Coinpedia Fintech News
The best crypto to buy in 2025 could be an undervalued crypto gaming gem that is still flying under the radar. However, this could change soon, as its presale is quickly gaining viral status, raising over $10.8 million in record time.
Rollblock (RBLK) has been making waves in the online gaming landscape with its innovative GameFi platform backed by robust fundamentals and deflationary tokenomics. This newcomer could mirror Pepe’s explosive 2024 performance and potentially outpace Solana, delivering exponentially higher returns.
Rollblock brings forward an immersive GameFi platform that bridges the gap between centralized and decentralized gambling. New players will enjoy a high-end user experience supported by blockchain technology, ensuring superior security and transparency.
With a license from Anjouan Gaming and a comprehensive audit from SolidProof, Rollblock adheres to the highest security standards, cementing its commitment to providing a safe and transparent gaming environment.
Over 50,000 players have joined Rollblock, and hundreds of new users are signing up every day. A 7,000-game catalog is waiting to be explored, with titles catering to every type of user: all-time classics such as blackjack and roulette, live games, and even exclusive AI-driven games.
The native utility token, RBLK, plays a critical role in the ecosystem as it powers the revolutionary revenue-sharing mechanism, which will allow holders to earn some of the highest APY on the market. To sustain this, the platform will reinvest up to 30% of its weekly earnings and redistribute them to the community via open-market buybacks of the RBLK token.
40% of these tokens will be allocated for staking rewards, while the remaining 60% will be burned, promoting scarcity-driven growth while ensuring superior price stability in the long run. Strong adoption and a 30% presale bonus continue to drive demand, solidifying Rollblock’s position as a top GameFi contender.
Crypto YouTuber Freddie Finance has recently shared a deep dive into Rollblock’s inner workings, explaining how this project can become this year’s biggest success story.
This Crypto Presale Has INSANE Potential ($6M Already Raised?!) ROLLBLOCK Review
Between Trump’s executive order establishing the creation of a US Strategic Crypto Reserve and the White House Crypto Summit, bullish news is piling up. However, Solana (SOL) continues to stall, as it’s currently selling for $135, with little to no movement in terms of daily price action. Solana is also trading in the red on the monthly timeframe, posting a steep 31% correction as its price saw a sharp rejection at the $180 resistance.
Source: CoinMarketCap
Despite the slump, analyst Pat is bullish, expecting a major Solana reversal. He draws attention to the formation of a bullish cup-and-handle pattern on the Solana chart. He asserts that Solana might retest the $120 support before reversing the trend and breaking out to new heights, with a final target that sees SOL surging above $400 at the height of the bull run.
After a memorable 2024 performance, Pepe is now treading water, as its price structure broke down, leading to a steep decline. At the time of writing, Pepe (PEPE) sells for $0.000006 following a 7% intraday decrease, accompanied by a 43% drop in 24-hour trading volume.
Source: CoinMarketCap
Crypto analyst Mihir believes that the bottom could be in for Pepe, as it’s currently retesting a critical support level. From here, Pepe could attempt to flip the trend, with the next crucial milestone being the $0.000010 mark. This hypothesis is also reflected by Pepe’s 4-hour RSI, now sitting above 50 points, reflecting growing buying pressure.
Source: CryptoWaves
Rollblock is on track to outperform both Pepe and Solana, as its significantly smaller market cap grants much greater room for growth. With the crypto gaming narrative gaining traction, Rollblock positions itself as an alluring opportunity for investors who want to lock in massive price multipliers as the cycle progresses.
Right now, the price of RBLK is $0.061, and early buyers are already enjoying over 500% gains since the start of the presale. When taking into account all that this novel GameFi platform has in store, Rollblock could be the perfect candidate for a 100x moonshot when the bull market is in peak euphoria mode!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Solana Price Struggles, Experts Pick The Best Crypto To Buy For A Rally Like Pepe Coin In 2024 appeared first on Coinpedia Fintech News
The best crypto to buy in 2025 could be an undervalued crypto gaming gem that is still flying under the radar. However, this could change soon, as its presale is quickly gaining viral status, raising over $10.8 million in record time. Rollblock (RBLK) has been making waves in the online gaming landscape with its innovative …
