PI dips below $0.21 as indicators flash bearish signal

Key takeaways

  • PI is down 1% in the last 24 hours and has now dropped below $0.21.
  • The cryptocurrency could record further bearish performance amid market correction.

PI trades at $0.2072 as the market undergoes a correction

PI, the native token of the Pi Network, has lost 1% of its value in the last 24 hours and is now trading at $0,2072 per coin.

The bearish performance comes as centralized exchanges (CEXs) received 1.90 million PI tokens over the last 24 hours, suggesting risk-off sentiment among holders.

According to data obtained from PiScan, over 1.90 million PI tokens were deposited on PI-listed CEXs, adding to the supply pressure. 

Usually, large deposits on centralized exchanges are considered a sell-off move, with investors taking some profits from the market. The inflow of tokens into exchanges could intensify selling pressure on PI in the near term.  

PI could drop below $0.20 amid selling pressure

The PI/USD 4-hour chart is bearish and efficient as the coin has failed to rally in recent days. PI is trading below the 200-day EMA price of $0.2092 after reversing from the 50-day EMA at $0.2166.

The dip suggests renewed supply pressure from the higher EMA. The Relative Strength Index (RSI) has dropped to the neutral level of 50, indicating growing selling pressure and further downside potential.

PI/USD 4H Chart

Furthermore, the Moving Average Convergence Divergence (MACD) is closing in on the bearish zone, suggesting that the bullish momentum is fading. If MACD crosses below the signal line, it would indicate renewed bearish momentum.

If the selloff continues, PU could retest the October 11 and September 22 lows at $0.1996 and $0.1842 over the next few hours or days. 

If Pi Network declines further, the October 11 and September 22 lows at $0.1996 and $0.1842, respectively, could serve as support levels.

However, if the bullish trend resumes, PI could target the 50-day EMA at $0.2166 before rallying towards the December high of $0,2295.

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XRP’s 2026 price surge faces its first test as ETF flows cool and profit-taking emerges

  • XRP’s rally paused as spot ETF inflows slowed and early profit-taking emerged.
  • Technical resistance triggered selling, but long-term holders stayed largely inactive.
  • Price outlook hinges on holding key support while ETF demand stabilises.

XRP entered 2026 with powerful momentum after ending last year on a strong institutional narrative.

The token quickly outperformed Bitcoin (BTC) and Ethereum (ETH) in early January, drawing renewed attention from traders, funds, and mainstream media.

Spot XRP ETFs were a major driver of this enthusiasm, as consistent inflows signalled sustained institutional demand.

Low exchange balances reinforced the bullish case by suggesting limited immediate sell-side supply.

This combination helped propel XRP sharply higher in the first days of the year.

However, the rally is now facing its first meaningful stress test.

Price action has turned volatile as ETF flows cool and short-term traders begin to lock in gains.

Although the shift does not mark a trend reversal yet, it does highlight growing fragility beneath the bullish narrative.

XRP ETF momentum slows as early exuberance fades

Spot XRP ETFs recorded their first net outflows since launch on January 7, breaking a long streak of daily inflows.

The pullback was concentrated in one large product, while other issuers still saw modest inflows.

Even so, the headline reversal weighed heavily on sentiment.

ETF flows have been central to XRP’s 2026 rally, making any slowdown psychologically significant.

The outflows coincided with broader weakness across crypto ETFs, including Bitcoin and Ether products.

This suggests the move was driven more by risk reduction than by XRP-specific panic.

Cumulative ETF inflows remain firmly positive, keeping the longer-term institutional thesis intact.

Still, the market is now adjusting to the idea that ETF demand may not rise in a straight line.

As flows normalise, prices become more sensitive to technical levels and short-term positioning.

XRP price forecast

XRP’s short-term outlook hinges on how it behaves around critical support zones.

Holding above the $2.00–$2.05 region would signal that the pullback is corrective rather than structural.

XRP price analysis
XRP price analysis | Source: TradingView

A sustained break below that area could open the door to deeper retracements toward the high-$1.80s.

On the upside, bulls need a decisive daily close above the $2.25–$2.35 range to regain control.

Such a move would indicate that selling pressure has been absorbed.

If momentum rebuilds, a recovery toward $2.60 and $2.80 becomes technically plausible.

Medium-term prospects remain tied to ETF flow trends and broader crypto sentiment.

As long as cumulative ETF assets stay elevated and exchange supply remains constrained, downside risk may be limited.

However, the explosive pace seen at the start of 2026 is unlikely to repeat immediately.

Instead, XRP appears poised for consolidation as the market digests gains.

If demand reaccelerates later in the year, this cooling phase could form the base for another advance.

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Binance launches gold and silver perpetual futures in expansion beyond crypto

  • Products listed as XAUUSDT and XAGUSDT are designed to track gold and silver prices onchain.
  • The contracts operate under FSRA regulation in Abu Dhabi through the ADGM framework.
  • Other major exchanges already offer precious metals-linked perpetual contracts, reflecting rising demand.

Binance has widened its derivatives suite by adding perpetual futures linked to gold and silver, marking a push beyond purely digital assets.

The move reflects growing demand among crypto-native traders for exposure to traditional safe-haven markets through familiar onchain infrastructure.

By listing precious metals products that trade around the clock and have no expiry date, the exchange is positioning itself at the intersection of commodities and crypto trading.

The launch comes as gold and silver prices have reached fresh records, drawing renewed attention from investors seeking hedges against volatility across global markets.

Precious metals enter crypto derivatives

The exchange said on Thursday that it had launched perpetual futures contracts tied to gold and silver.

The products allow traders to speculate on price movements without holding the underlying metals and without worrying about contract expiration.

Trading is available continuously, mirroring the structure of crypto perpetuals that already dominate derivatives volumes on major exchanges.

The contracts are listed under the symbols XAUUSDT and XAGUSDT. Both are designed to track the market price of gold and silver, respectively.

Instead of physical settlement, positions are settled in Tether’s USDT stablecoin, giving traders onchain exposure to precious metals pricing while remaining within a crypto-based settlement system.

Settlement and market access

By settling the contracts in USDT, Binance is extending the use of stablecoins beyond crypto-native assets into traditional commodity-linked products.

This structure allows traders to gain price exposure without converting funds into fiat currencies or commodity-backed instruments.

It also removes the need for storage, delivery, or custody arrangements associated with physical gold and silver.

The approach highlights how derivatives are being used to mirror traditional financial markets inside crypto trading platforms.

Binance has indicated that additional contracts linked to traditional assets are planned, suggesting that commodities and other non-crypto markets may feature more prominently in future product rollouts.

Regulatory framework in Abu Dhabi

The gold and silver perpetuals are offered through Next Exchange Limited, a Binance entity operating under the Abu Dhabi Global Market framework.

The contracts fall under the supervision of the Financial Services Regulatory Authority, with Binance holding the relevant licences within ADGM.

This regulatory setup is central to Binance’s effort to expand its derivatives catalogue while maintaining compliance in key jurisdictions.

Abu Dhabi has also become relevant for stablecoin usage, with USDT approved for use by regulated companies in the emirate, even as Tether has chosen not to seek authorisation under the European Union’s Markets in Crypto-Assets framework.

Competition and safe haven demand

Binance is not alone in offering precious metals-linked perpetual contracts.

Other exchanges active in this segment include Coinbase, MEXC, BTCC, BingX, and Bybit, although Bybit currently limits its offering to gold-linked perpetuals.

The growing number of platforms listing such products points to rising interest in blending commodity exposure with crypto derivatives trading.

The timing of Binance’s launch aligns with a period of heightened demand for safe-haven assets.

Both gold and silver have recently climbed to new all-time highs, driven by investor appetite for assets perceived as stores of value.

By enabling trading in these markets via USDT-settled perpetuals, Binance is tapping into that demand while keeping activity within its existing derivatives ecosystem.

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