XRP Price Crash to $2 Looms as Head and Shoulders Pattern Matures

The post Pi Network Pushes Global Utility Despite Bearish Price Trend: Is $0.55 Next? appeared first on Coinpedia Fintech News

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.

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.

The post Pi Network Pushes Global Utility Despite Bearish Price Trend: Is $0.55 Next? appeared first on Coinpedia Fintech News
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 …

The crypto market has somewhat come to a standstill after the massive bloodshed that happened after US President Donald Trump took the seat. This not only caused most crypto prices to drop but also instilled negative sentiments. The Pi Network price also fell victim to this, as its value dropped by over 37% in the last month. 

Pi’s price today stands at $0.6349 with a market capitalization of over $4.4 billion. However, the entire scenario might change soon. World Of Charts, a popular crypto analyst, recently posted a tweet highlighting a notable development. As per the tweet, the total crypto market capitalization broke above a falling wedge pattern. This suggested that the bulls are ready to take over, which can result in a crypto bull run, in turn helping the Pi Network price to rise again. 

#Crypto Total Market Cap Breakout Confirmed, Expecting Strong Recovery In Midterm https://t.co/4D3fDdpE1w pic.twitter.com/JvUJHENx4j

— World Of Charts (@WorldOfCharts1) April 22, 2025

What Pi Network Price Analysis Suggests…

Since the analyst pointed at a possible bull breakout soon, let’s take a look at Pi Network’s current state to understand whether it’s also preparing for the same. The Pi Network price chart revealed that the price broke above a similar falling wedge pattern a few days ago.

However, after that, it has entered a non-volatile zone, as depicted by the narrow Bollinger Bands. Therefore, if the crypto market turns bullish, the Pi Network price might break the upper resistance of the Bollinger Bands and enter a high volatility zone. Nonetheless, this might take a few days or weeks more to happen. 

Decoding Pi’s Upcoming Targets

Notably, since the Pi price dropped over the last month, market sentiment around it has also turned bearish. For instance, the token’s weighted sentiment remains in the negative zone. Pi, which created a lot of buzz recently, witnessed a massive decline in social dominance during the same period. Nonetheless, in case of a fresh crypto bull run, market sentiments might pivot. 

In a utopian scenario where the crypto market actually explodes, the Pi Network price has to cross a few barriers, though. Mentioning Pi Network price prediction, in case of a bullish market switch, it will be crucial for Pi price to first go above its strong resistances at $0.65 and $0.7. This will allow the token to target $1.5 next. Going further ahead, if market conditions remain favorable, the Pi price might as well go beyond $3 in case of a continued crypto bull market. 

To Conclude

Right now, the Pi Network price is facing trouble and seems to have a bearish sentiment around it. However, there are possibilities of an upcoming crypto bull run to change this. Should the momentum build for the Pi price to thrive, the following hike in investor confidence could see some optimistic targets hit.

The post Is Pi Network Price Ready to Moon? Crypto Bull Run Sparks Fresh Predictions appeared first on CoinGape.

The Cardano Foundation is pushing to expand the blockchain ecosystem following its recent partnership with SERPRO, the Brazilian government’s information technology company. According to the Foundation, this partnership will see Cardano play an integral part in enhancing the efficiency of SERPRO’s operations.

The Cardano Foundation and SERPRO Partnership

Based on the announcement, this collaboration will focus on technological innovation, digital infrastructure development, and blockchain education. Despite being a tech powerhouse, the partnership will see the integration of Cardano to enhance SERPRO’s broad public administration needs.

Specifically, Cardano will enhance transparency within SERPRO’s systems. Considering its broad reach, the blockchain’s capabilities will also help improve service delivery for Brazilians.

SERPRO powers about 750 digital solutions as a government platform. These process over 33 billion transactions yearly, generating 30.4 petabytes of data. The need for the Cardano Foundation partnership hinges on risks to centralization, a harmful threat since it controls over 90% of Brazil’s structural systems.

The Cardano Academy will serve over 8,000 employees as the partners seek to integrate core blockchain tenets into the public sector. With the ongoing plan, the Cardano Foundation is optimistic that its end goal may serve as a precedent for other Latin American countries to make similar moves.

Cardano and Government Adoption Cycle

Beyond Cardano Foundation, since the start of this year, the Proof-of-Stake (PoS) protocol has featured in some conversations around government adoption. On the top of the list is the potential US Treasury Department’s integration of ADA blockchain to track government spending.

This speculation came after Elon Musk revealed his interest in hosting his Department of Government Efficiency (D.O.G.E) on the blockchain. With this update, many in Web3 have pitched Cardano as a viable protocol for this undertaking.

The decentralized nature of the protocol, technological advancement, and strong community top the list. Despite the strong insinuation of integration in the community, Elon Musk has not acknowledged this.

ADA In Reserve Asset

The Cardano network has remained in the spotlight for 90 days as its price action shows a maturing market. As of writing, the coin was changing hands for $0.8907, down by 7.04% in the past 24 hours.

This volatility followed insights regarding the prospect of ADA being included in the proposed US National Crypto Reserve. While pro-Bitcoin investors have talked down altcoins in reserve, ADA investors capitalized on the hype to push prices to a 30-day high of $1.134.

The Cardano Foundation and SERPRO partnership may also form a short-term headwind that will prevent a massive price slump.

The post Cardano Partners Serpro To Modernize Brazil’s Public Sector Infrastructure appeared first on CoinGape.