Kategorie: Crypto Analysis

Key takeaways

• Pi Network traded below $0.080 Wednesday after a 2% rebound the previous day.
• The Pi Core Team is exploring stablecoin integration intended to complement PI’s existing utility.
• PI remains below its 50-day and 200-day EMAs, with weak momentum keeping the near-term outlook bearish.

Pi Network (PI) has dropped below $0.0800 on Wednesday after a modest rebound helped it avoid extending losses below last week’s low.

The token traded around $0.07956, losing the previous session’s 2% gain. Meanwhile, the Pi Core Team reiterated its exploration of stablecoin integration as a way to broaden activity across the ecosystem.

Despite the recovery, PI remains below key moving averages, leaving the price vulnerable if support at $0.0774 fails.

Pi Core team explores stablecoin integration

The Pi Core Team is considering how stablecoins could support additional ecosystem uses while preserving PI’s role as the network’s native cryptocurrency.

Stablecoins can play an important role in expanding certain utility across the Pi ecosystem, particularly in use cases where predictable price stability is important.

The introduction of stablecoins requires a deliberate, unique approach, and must be aligned with Pi Network’s ecosystem and principles.
– Simply adding a stablecoin does not guarantee that it will naturally complement Pi.
– How the two function alongside each other depends on how stablecoins are integrated into the Pi ecosystem.

This makes the design and initial introduction especially important. Stablecoin functionality should be directed toward circumstances where price stability is needed while preserving the utility of the Pi cryptocurrency across the broader ecosystem.

Learn more https://t.co/MuubtRW4uh

— Pi Network (@PiCoreTeam) October 13, 2026

Its partnership with Open Standard, the issuer of OUSD, focuses on potential stablecoin integration and rewards programs for Pi users, known as Pioneers.

According to the announcement, Open Standard is backed by companies including Visa and Stripe. Planned OUSD rewards initiatives aim to encourage broader ecosystem participation.

The integration remains an area of exploration, with the team emphasizing that stablecoin functionality should complement PI’s utility.

PI rebounds but remains below key moving averages

PI’s rebound has provided some relief after recent selling pressure, but the broader technical picture remains weak.

The token trades below the 50-day exponential moving average at $0.0882 and the 200-day EMA at $0.1256. Both remain overhead barriers to a sustained recovery.

In the near term, PI is trading between support at $0.0774 and resistance around $0.0827. The latter corresponds to the 23.6% Fibonacci retracement identified in the analysis.

Until buyers overcome that upper boundary, the latest gain remains a rebound within a bearish structure.

The Relative Strength Index is near 37, below its neutral midpoint and consistent with continued selling pressure.

The Moving Average Convergence Divergence indicator remains slightly negative and below its signal line, reinforcing the cautious outlook.

These readings suggest the rebound has yet to produce a convincing shift in momentum. Holding above $0.0800 offers short-term stability, but buyers still need to clear nearby resistance.

On the downside, a sustained break below $0.0774 could expose the $0.0704 swing low.

On the upside, PI first needs to reclaim $0.0827 before challenging the 50-day EMA at $0.0882. Moving above both levels would strengthen the case for a more durable recovery.

A sustained advance beyond $0.0882 could then bring the 50% Fibonacci retracement near $0.0990 into focus.

For now, the ability to defend $0.0774 and overcome $0.0827 will help determine whether the rebound develops into a recovery or gives way to renewed losses.

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Key takeaways

• Dogecoin traded near $0.084 on Tuesday after rebounding from an intraday low around $0.0800.
• DOGE-focused ETFs recorded $399,460 in outflows Monday following no net flows last week.
• Resistance sits at the 50-day EMA near $0.0876 and the 200-day EMA at $0.0923.

Dogecoin edged higher on Tuesday after testing $0.0800, offering signs of stabilization following Monday’s 5% decline.

DOGE traded around $0.084, but ETF withdrawals, declining supply concentration among large wallets and weak technical momentum continued to weigh on its recovery outlook.

The token remains below key moving averages, leaving buyers facing a test of whether nearby support can hold.

Dogecoin ETFs record nearly $400,000 in withdrawals

DOGE-focused exchange-traded funds posted $399,460 in net outflows on Monday, according to SoSoValue data.

The withdrawals followed a week of no net flows, suggesting weaker demand through those investment products.

Redemptions can reduce a source of buying support, although one session’s flows do not establish a lasting change in institutional sentiment.

The figures also do not, by themselves, show where the withdrawn capital was subsequently invested.

Santiment data shows that wallets holding more than 100 million DOGE account for 69.74% of circulating supply, down from 70.02% on September 1.

That represents a decline of 0.28 percentage points in the cohort’s share. The change suggests reduced supply concentration among the largest addresses. 

However, wallet categories can include exchanges and other entities, and a lower percentage does not necessarily confirm that all affected tokens were sold.

Combined with ETF outflows, the data adds caution to the near-term demand picture.

DOGE remains below key moving averages

At $0.084, Dogecoin trades below its 50-day exponential moving average at $0.0876 and its 200-day EMA at $0.0923.

Those levels form the main resistance barriers identified in the analysis and reinforce the bearish short-term structure.

Momentum indicators remain weak. The Moving Average Convergence Divergence indicator has crossed below zero, while the Relative Strength Index is near 39.

The RSI reading indicates subdued buying momentum but remains above the conventional oversold threshold of 30.

The immediate downside reference is $0.0800, corresponding to the February 6 low. A confirmed breakdown below that level could bring the July 23 low at $0.0683 into focus. 

That would represent roughly a 15% decline from support, or approximately 18% from the quoted $0.0829 price.

On the upside, a sustained recovery above $0.0876 would help ease immediate pressure. The next major hurdle would be the 200-day EMA near $0.0923.

For now, the rebound from $0.0800 shows buyers defending support, but stronger demand and improving momentum are needed to establish a more durable recovery.

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Key takeaways

• XRP traded near $1.374 on Tuesday after Monday’s correction.
• Long-to-short ratios of 1.09 for XRP indicate a modest tilt toward longs.
• Immediate XRP support sits at $1.339, followed by $1.300, while resistance begins at $1.381.

XRP posted modest rebounds on Tuesday as derivatives positioning improved following the previous day’s pullback.

XRP traded around $1.374, showing signs of stabilization, although differing funding rates suggest traders remain divided about the strength of the recovery.

For XRP, overhead moving-average resistance and weak momentum continue to constrain the near-term outlook.

Long-to-short ratios show a slight bullish tilt

CoinGlass’ long-to-short ratios stood at 1.09 for XRP on Tuesday. Readings above one indicate that longs outnumber shorts within the accounts or positions tracked by the metric.

The figures suggest a modest preference for bullish exposure in both assets. However, neither reading points to overwhelming conviction, and positioning alone does not confirm that prices will continue rising.

XRP’s funding rate turned negative on Monday and stood at -0.0055% on Tuesday. Negative funding means short traders are paying long traders, suggesting continued demand for bearish exposure despite the slightly positive long-to-short ratio.

XRP remains below key moving averages

At $1.374, XRP trades below its 200-day exponential moving average at $1.381 and its 50-day EMA at $1.395.

Those levels form the first resistance barriers facing the rebound. The token remains above its 100-day EMA at $1.339, providing nearby support, but its position beneath the other two averages leaves the short-term bias bearish.

The Relative Strength Index is near 40, indicating subdued buying momentum without reaching outright oversold territory. 

The Moving Average Convergence Divergence indicator also remains negative, reinforcing the cautious outlook.

A sustained recovery above $1.381 and $1.395 would ease immediate technical pressure.

Beyond that moving-average cluster, the analysis identifies more distant horizontal resistance at $1.671 and $1.900.

On the downside, the 100-day EMA at $1.339 is the first support reference, followed by $1.300.

A sustained break below $1.300 would weaken the recovery structure and bring the deeper support area around $1.000 into focus.

For now, improving derivatives positioning offers some encouragement, but XRP needs stronger price momentum to reclaim its overhead moving averages.

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Key takeaways

• Chainlink traded near $13.50 on Monday, extending its recovery from Thursday’s $12.09 low.
• LINK-focused ETFs attracted $9.48 million on Friday, their largest daily inflow this year, according to SoSoValue.
• A confirmed breakout could bring $13.93 into focus, while initial support sits at $13.32 and $12.95.

Chainlink held above $13 on Monday as stronger ETF demand and rising balances among large holders supported its recovery from last week’s pullback.

LINK traded around $13.34, up from Thursday’s low of $12.09. Buyers are now approaching resistance near $13.50, where a sustained breakout could strengthen the case for another leg higher.

Chainlink ETFs record $9.48 million in daily inflows.

LINK-focused exchange-traded funds attracted $9.48 million on Friday, their largest daily inflow so far this year, according to SoSoValue.

The funds have recorded five consecutive weeks of inflows, pointing to sustained demand through traditional investment products.

That buying provides a supportive backdrop for LINK’s rebound, although continued inflows will be important if the recovery is to extend beyond nearby resistance.

Large holders increase their share of LINK supply

Santiment data shows that wallets holding between 1 million and 100 million LINK now account for 65.6% of circulating supply.

That compares with 65.38% on October 1, an increase of 0.22 percentage points. The rising share suggests increased exposure among large-wallet holders. 

However, wallet-size categories can include exchanges and other entities, so the figures do not necessarily represent individual investors alone.

Together with positive ETF flows, the data points to stronger demand as LINK attempts to reverse its recent correction.

LINK tests trendline resistance near $13.50

Chainlink’s broader technical structure remains supported by a rising trendline connecting the August 10 and September 16 lows near $12.30.

Nevertheless, the token is still recovering from a downswing that began at the September 29 high of approximately $15.77.

On the four-hour chart, LINK sits just above its declining 50-period exponential moving average near $13.32. The next hurdle is a descending resistance trendline around $13.50, connecting the September 30 and October 5 highs.

A confirmed move above that barrier could bring $13.93 into view, the 50% Fibonacci retracement of the decline from $15.77 to $12.09.

A sustained advance would then put the $15.77 swing high in focus, followed by the 127.2% Fibonacci extension near $16.77.

The four-hour Relative Strength Index is near 55, above its neutral midpoint, while the Moving Average Convergence Divergence indicator has moved into positive territory.

Both readings suggest strengthening bullish momentum, though price still needs to clear resistance to confirm the breakout.

On the downside, the 50-period EMA at $13.32 provides the closest support reference, followed by the 200-period EMA at $12.95.

A deeper pullback would expose the trendline area around $12.30 and Thursday’s $12.09 low. Holding those levels would help preserve the recovery structure if the initial breakout attempt fails.

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Key takeaways

• ADA’s long-to-short ratio edged above one to 1.01, indicating a slight tilt toward bullish positioning.
• Funding turned positive and reached 0.0061%, with longs paying shorts.
• ADA holds above its major daily EMAs, with immediate support at $0.245 and resistance at $0.299.

Cardano recovered above a key support zone on Monday, trading near $0.250 as derivatives positioning improved following last week’s 2.85% correction.

ADA remains above its major daily exponential moving averages, supporting a constructive near-term outlook. However, mixed momentum and signs of sell-side pressure suggest the recovery still faces obstacles.

Cardano derivatives positioning turns more positive

CoinGlass’ long-to-short ratio for ADA rose to 1.004 on Monday, moving slightly above the neutral threshold of one.

The reading suggests longs marginally outnumber shorts within the positions or accounts tracked by the metric. The narrow margin points to a modest improvement rather than strong bullish conviction.

Cardano’s funding rate also turned positive on Sunday and increased to 0.0061% on Monday. Positive funding means long traders are paying short traders, reflecting greater demand for bullish exposure in perpetual futures.

Together, these indicators suggest sentiment has improved as ADA attempts to extend its rebound.

CryptoQuant’s summary data presents a more cautious picture. The platform flags overheating conditions in Cardano’s spot and futures markets, alongside sell-side dominance. It also identifies large whale orders in the futures market.

These signals contrast with the improving long-to-short ratio and positive funding, highlighting uneven positioning among traders.

Bullish derivatives demand alone does not establish that spot buying will be sufficient to sustain higher prices.

ADA holds above its major moving averages

At $0.250, Cardano trades above the 50-day EMA at $0.230, the 100-day EMA at $0.219, and the 200-day EMA at $0.241.

Its position above all three averages supports the broader recovery structure. The horizontal level at $0.245 provides the closest support reference.

Momentum remains moderately constructive. The Relative Strength Index stands near 54, above its neutral midpoint without indicating overbought conditions.

However, the Moving Average Convergence Divergence indicator remains marginally below zero, suggesting the rebound has yet to develop strong upward momentum.

The first downside test is $0.245, followed by the 200-day EMA near $0.241 and horizontal support at $0.236.

A deeper pullback would bring the 50-day EMA at $0.230 and the 100-day EMA at $0.219 into focus. Below those levels, the analysis identifies rising trendline support around $0.206 and a more distant floor at $0.150.

On the upside, the next major horizontal resistance identified in the analysis is $0.299, where previous selling interest could limit an extended recovery.

Holding the nearby support band would preserve ADA’s constructive technical position, while stronger buying momentum would be needed to sustain a move toward that resistance.

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