đ Crypto Bulls Charge: Litecoin, Pi Network & Ethereum Price Forecasts â Asia Market Pulse June 26
Asian markets brace for another volatile crypto session as Litecoin, Pi Network, and Ethereum show divergent signals. Traders scramble for position ahead of key technical levels.
Litecoin: The silver to Bitcoin's gold tests critical supportâwill the halving hype finally pay off or fade into another 'buy the rumor, sell the news' clichĂŠ?
Pi Network: Mainnet dreams collide with exchange reality as this dark horse faces its make-or-break moment. (Spoiler: the 'free crypto' crowd isn't happy.)
Ethereum: Institutional money floods in post-ETF approval, but gas fees still drain retail wallets faster than a DeFi rug pull.
One thing's certainâwhile fundamentals creep, speculation leaps. As always in crypto, the only guarantee is a fresh batch of 'I told you so' tweets by sundown.
Litecoin Price Forecast: LTC holdersâ profit-taking activity reaches three-month high
Litecoin (LTC) is stabilizing at around $85 at the time of writing on Thursday, having recovered 6% so far this week. On-chain data indicate early bearish signals for LTC as holdersâ profit-taking activity reaches a three-month high and dormant walletsâ activity increases, signaling growing selling pressure. Additionally, a specific whale has offloaded 340,000 LTC tokens, signaling a bearish outlook for its price.
Top Crypto Gainers Price Prediction: Pi Network, Kaspa, Bitget eye further gains on bullish momentum
Pi Network softens marginally at press time on Thursday following the 16% jump the previous day. The recent buzz aligns with the Pi Network team's teasing of generative AI integration, as reported by FXStreet. Amid the uptrend, Pi Network surpasses a critical resistance level formed by peaks on May 22 and June 14. Adding to this, a converging support trendline extrapolated over May 17, May 31, and June 17 completed a falling wedge pattern.
Ethereum Price Forecast: Bitcoin miner pivots to ETH treasury strategy
Ethereum (ETH) is down 1% over the past 24 hours following Bitcoin (BTC) miner Bit Digital's (BTBT) announcement on Wednesday that it's pivoting toward an ETH staking and treasury strategy. After two consecutive days of recording gains following the Israel-Iran ceasefire, bulls have lost steam as ethereum registered the 1% decline. The decline was spurred by a rise in Ethereum's exchange reserve, indicating low demand and a modest increase in the sell-side pressure.