Pi Coin is under pressure, currently trading just below $0.60 after dropping over 4% in the past 24 hours. The price is sliding toward lower support near $0.55, even as the overall crypto market trends upward.
One of the warning signs is the RSI (Relative Strength Index), which has fallen to 30 — a level that suggests oversold conditions. This means Pi may struggle to bounce back unless buying pressure increases. As long as Pi stays below its key trend line, analysts say the downtrend could continue in the short term.
What’s Driving Interest in Pi?
Despite the recent dip, Pi Network is making moves behind the scenes. Reports suggest the team is in talks with smaller e-commerce platforms in Southeast Asia and Africa. Their aim? To position Pi as a cross-border micro-payment option in regions where traditional banking is still limited.
Pi is reportedly in talks with small e-commerce platforms in emerging markets (such as Southeast Asia and Africa). The goal is to position Pi as a cross-border micro-payment tool, ideal for regions with underdeveloped banking systems. #PiNetwork#Ecommerce
At the same time, there’s growing speculation that HTX (formerly Huobi) — one of the top global exchanges with over $1.7 billion in daily trading volume — might be planning to list PI$PI soon. HTX recently posted a mysterious graphic featuring the Pi Network logo, sparking excitement across the community.
If the listing is confirmed, a major price rally could follow — especially given Pi’s large community and use-case potential in emerging markets.
Conclusion:
Pi Coin is facing short-term pressure, but strong fundamentals and exchange rumors could change the story quickly. Keep an eye on $0.55 support and any updates from HTX.
XRP price could soar to $20 if Ripple’s leadership aligns with Binance’s CZ, who predicts $1M Bitcoin surge soon.
Ripple price set for parabolic rally as Changpeng Zhao says Bitcoin will hit $500,000 – $1 million
Ripple (XRP) bulls gained momentum Tuesday after Binance founder Changpeng Zhao predicted Bitcoin will eventually hit $500,000 to $1 million. Speaking during a recent interview, CZ cited growing institutional interest and US state-level crypto reserve bills as major catalysts.
Ripple (XRP) Price Action, May 7 | Source: Coingecko
XRP consolidates above $2.10, shedding 0.2% in 24 hours, while trading volumes spiked to $4.8 billion. Market analysts believe CZ’s bullish BTC projection may push altcoins like XRP toward new peaks.
Notably, Ripple price is up 292% on the 1-year timeframe, outpacing Bitcoin’s 56% uptick over the same period. With altcoin ETFs under SEC review and the XRP Futures ETF already live on Nasdaq, corporate investors could view XRP as a more profitable asset than BTC.
Market participants now speculate whether Ripple’s founder, Brad Garlinghouse, will respond to CZ’s statement. His endorsement could validate a long-term bullish trajectory for XRP price, especially ahead of SEC’s ETF verdict expected June 17.
If Bitcoin price follows CZ’s projected path, XRP price may repeat previous patterns where it closely-tracked BTC rallies to all time highs in 2021 and 2024 respectively.
XRP’s unique positioning as a bridge currency across cross-border payment platforms may amplify that effect.
What does CZ’s Prediction Mean for XRP Strategic Reserve Prospects?
CZ’s optimistic forecast highlighted two macro drivers: Bitcoin ETFs and state-level legislation for crypto reserves. These tailwinds may also lift XRP.
Ripple’s ecosystem is already gaining exposure via the XRP Futures ETF listed on Nasdaq. With a spot XRP ETF decision expected June 17, institutional investors are now watching closely. If approved, XRP would gain direct access to the same capital pipelines that boosted BTC after spot ETF approvals in January.
The second catalyst—crypto reserve adoption by U.S. states—also puts XRP in the spotlight. Though current laws prioritize BTC, CZ’s earlier March 2 executive order listed XRP among the five key digital assets for reserves.
That early inclusion positions XRP as a possible secondary reserve asset, despite BTC currently dominating the conversation.
The dual bullish catalyst from XRP ETFs approvals and US treasury investments could makes XRP a candidate for synchronized gains if BTC price surges towards $1 million as CZ predicts.
Here’s Ripple Price Prediction if Bitcoin Hits $1 Million According to Changpeng Zhao’s Prediction
Ripple (XRP) is currently trading around $2.10 per coin, with a market capitalization of $124 billion as of May 7. At this level, XRP is up 22.5% month-to-date and riding a wave of institutional optimism.
If Bitcoin reaches $1 million, as CZ projects, XRP could plausibly rally 8x from current levels. This would place XRP near the $20 mark, assuming it maintains relative correlation to BTC’s market momentum.
In 2017 and 2021, XRP tracked Bitcoin’s parabolic surges with a lag. But with ETFs, clearer U.S. regulation, and payment network expansion, this cycle could see a more closely synchronized move.
A $20 XRP would give it a market cap above $1.2 trillion, putting it in competition with Ethereum for second place.
Howver, such a move would depend on ETF approval, continued legislative alignment, and active endorsement from Ripple executives. As the June 17 SEC decision approaches, market attention will shift toward regulatory signals.
XRP Price Forecast Today: Bulls Eye Recovery to $2.33 as Trendline Support Holds
XRP price is trading at $2.12, marginally down 1.49% on the day, but remains structurally bullish despite the recent retracement.
As seen in the XRPUSD daily chart below, XRP price consolidating just above its ascending trendline support, a critical level that has sustained the broader uptrend since late March.
A retest of the $2.08 support level on Wednesday, coinciding with the trendline and 100-day SMA, suggests that bulls are defending this zone with conviction, preventing a deeper breakdown toward $1.90.
XRP Price Forecast Today
The daily chart shows XRP remains wedged between the 50-day SMA at $2.17 and the lower support band, setting the stage for a technical pivot.
While the recent pullback pierced below both the 10-day and 21-day EMAs, the price has not formed a lower low, suggesting the uptrend remains intact.
XRP price forecast today remains bullish if support at $2.08 holds and price breaks above the $2.17 level again, which would likely trigger a short-covering rally toward the $2.33 resistance, the next key supply zone marked by the 200-day moving average.
Conversely, failure to reclaim $2.17 in the coming sessions would shift the near-term risk back to $2.00 and possibly $1.90.
In early May 2025, the Ethereum (ETH) market witnessed contrasting actions from large investors, commonly known as whales.
These opposing behaviors from whales present investors with both risks and opportunities.
Contrasting Ethereum Whales’ Actions
On one hand, several Ethereum whales are accumulating ETH in large quantities. An ETH whale purchased 3,029.6 ETH valued at $5.74 million. However, this whale currently faces a temporary loss of $142,000 as the price has dropped to $1,842 per ETH.
On May 1, 2025, Lookonchain reported that multiple whale addresses accumulated thousands of ETH within two hours. These actions indicate that some major investors remain confident in ETH’s long-term potential despite short-term price volatility.
On the other hand, selling pressure from Ethereum whales is significant. On May 2, 2025, OnchainLens reported that a whale deposited 2,680 ETH on Kraken, incurring an estimated loss of around $255,000.
Meanwhile, analysts revealed that another whale transferred 3,000 ETH to Kraken within 10 minutes on the same day, signaling a strong intent to sell.
10 minutes ago, a whale 0xaDd deposited 3k $ETH (~$5.53M) into #Kraken.
Those $ETH were bought since ICO and have been dormant in 3 years before depositing.
Just now, he still has 2k $ETH (~$3.69M) in his wallet.
Notably, a whale who received 76,000 ETH during the 2015 ICO sold 6,000 ETH, potentially securing a profit of $10.92 million.
Additionally, on May 1, 2025, on-chain data showed a whale increasing their short position by borrowing an additional 4,000 ETH. This whale is bringing their total short position to 10,000 ETH, equivalent to approximately $18.4 million.
These moves highlight a clear divergence in Ethereum whale strategies, with accumulation and selling creating significant pressure on ETH’s price.
Market Context and Investor Sentiment
The volatility in whale behavior coincides with a crypto market influenced by various factors. According to BeInCrypto, ETH’s price gained 10% in a week but slightly decreased in the last 24 hours. It is hovering around $1,842—a notable decline from its March 2025 peak of $2,500.
Ethereum Price Chart in the Past Month. Source: TradingView
Despite this, market sentiment shows some positive signs. Ethereum investment products also saw US$183m inflows last week following an 8-week run of outflows. The Ethereum spot ETF had a total net inflow of US$6.4932 million yesterday. This reflects sustained long-term interest from institutions, even amid short-term selling pressure from whales.
Furthermore, a whale’s large 10,000 ETH short position suggests expectations of a near-term price decline, potentially amplifying downward pressure if market sentiment turns negative.
Meanwhile, retail investors appear to be affected by this uncertainty, with ETH trading volume on exchanges dropping 10% over the past 24 hours.
Risks and Opportunities
The opposing actions of whales place investors at a crossroads of risks and opportunities. On the risk side, the selling pressure from whales, particularly the significant short position, could lower ETH’s price in the short term, especially given the overbought market conditions.
However, opportunities also abound. Whales’ accumulation of thousands of ETH reflects long-term confidence in Ethereum’s potential, particularly as the network continues to lead in DeFi, with a total value locked (TVL) of $52 billion in May 2025, according to DefiLlama.
Analyst Merlijn has shown that Ethereum’s current price structure is similar to that of Bitcoin in 2020. Accordingly, he believes that Ethereum will witness a strong boom if history repeats itself.
Ethereum is showing the same structure. Source: Merlijn
Ethereum risks losing developers to Solana, which is gaining momentum due to better startup support and a streamlined user experience.
Yet, technical upgrades like Ethereum 2.0 and the growth of Layer 2 solutions such as Arbitrum and Optimism also support ETH’s long-term development.
Investors might view the current lower price levels as an opportunity to accumulate, but they should closely monitor whale activities and technical indicators to mitigate correction risks.
