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.
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.
ADA is trading at $0.40 after losing 5.5% of its value in the last 24 hours.
The altcoin could rally towards $0.50 if the bullish trend resumes.
ADA could slip below $0.40
The cryptocurrency market is undergoing a correction following a strong start to the week. Bitcoin has dropped below $92k, while Ether is trading below $3,100 per coin.
ADA, the native coin of the Cardano blockchain, has lost 5% of its value in the last 24 hours and is now trading above $0.40. However, it could still rally higher in the near term amid strong fundamentals.
The rally could be fueled by growing Open Interest. According to CoinGlass, ADA’s OI now stands at $796 million, up from the $662 million recorded a week ago. The growing OI hints at the possibility of ADA’s price rallying higher in the near term.
The confidence encourages retail investors to lean into risk, which contributes to buying pressure.
ADA eyes $0.50 despite market correction
The ADA/USD 4-hour chart remains bullish and efficient despite the recent bearish performance. At press time, ADA has dropped below the 50-day Exponential Moving Average (EMA) of $0.43 and is now trading at $0.403.
Despite that, the coin’s short-term outlook remains bullish, supported by the Moving Average Convergence Divergence (MACD) indicator, which has maintained a positive divergence over the past few days.
The RSI of 64 also shows buying pressure has resumed, with the coin set to enter the overbought region if the bullish bias remains.
If the bulls regain control, ADA could rally past the 100-day EMA resistance at $0.505. An extended rally could see ADA challenge the 200-day EMA zone at $0.593.
However, if the correction persists, ADA could retrace below the $0.40 level and retest the $0.3827 support.
PUMP is up 30% in the last seven days as the crypto market rebounds from the December lows.
The Pump.fun native token could surge higher in the near term amid growing DEX volumes.
Memecoin demand pushes PUMP above $0.02
PUMP, the native token of the Pump.fun, is up by 30% in the last seven days, making it one of the top performers among the leading 100 cryptocurrencies by market cap. The rally comes amid growing demand for memecoins.
The rally also resulted in Pump.fun’s DEX volume hitting $1.28 billion on Monday, up from the $805 million recorded on Sunday.
The token has appreciated in recent days thanks to meme coin-driven trading activity in several ways, including token buybacks that depend on revenue generated. The DEX allocates nearly 100% of revenue to the token buyback program, which is expected to build long-term value for PUMP.
Furthermore, retail interest in PUMP has increased in recent days. According to CoinGlass, PUMP’s futures Open Interest (OI) averaged $231 million on Tuesday, up from approximately $207 million on Monday and $150 million on last Thursday. This suggests that traders are confident PUMP has the potential to sustain a short-term recovery.
PUMP eyes recovery above $0.0032
The PUMP/USD 4-hour chart is bullish and efficient as the token has added 30% to its value in the last seven days. At press time, PUMP is trading above $0.0023 and could rally higher in the near term.
The Moving Average Convergence Divergence (MACD) indicator on the 4-hour chart supports a bullish bias. The RSI also reads 61 and is heading into the overbought region if the bullish trend continues.
If the bulls remain in control, PUMP could rally towards the 50-day Exponential Moving Average (EMA) at $0.002992 to ascertain its recovery potential and encourage traders to increase exposure. The next major resistance level stands above the 100-day EMA at $0.0032.
However, if the bears regain control, PUMP could undergo a slight correction towards the $0.0020 psychological level.
One of the key catalysts for the Ethereum rally has been sustained inflows into spot Ethereum ETFs.
Data from Coinglass shows that spot Ethereum ETFs attracted approximately $114.7 million in net inflows on January 6, 2026.
These inflows occurred even as some legacy products recorded outflows, suggesting fresh institutional capital is entering the market.
For investors, ETF demand signals growing confidence in Ethereum as a long-term, regulated asset.
It also helps absorb potential selling pressure, providing price stability during periods of broader market uncertainty.
Market participants increasingly view ETF flows as a barometer of institutional sentiment, similar to how YCharts data is often used to track macro trends across traditional assets.
Blob Parameter-Only hard fork boosts Ethereum scalability
Beyond demand-side factors, Ethereum’s fundamentals have improved following recent network upgrades.
The Fusaka upgrade, activated in December 2025, introduced meaningful enhancements to Ethereum scalability.
Central to this progress is the Blob Parameter-Only hard fork, commonly referred to as the BPO hard fork.
Reduced exchange balances typically imply lower immediate selling pressure.
This pattern suggests that long-term holders are positioning for higher prices rather than short-term exits.
However, momentum indicators are beginning to flash warning signs.
Ethereum’s relative strength index (RSI) has climbed to around 64, placing it near the overbought territory.
Historically, such elevated RSI readings can precede short-term pullbacks or periods of consolidation.
Upcoming derivatives events, including near-term options expiries, could amplify volatility.
Ethereum price forecast
Ethereum’s medium- to long-term outlook remains constructive, supported by ETF inflows, improving Ethereum scalability, and a declining liquid supply.
The Blob Parameter-Only hard fork and higher blob limit strengthen the network’s technical foundation and support Layer-2 growth.
Continued progress toward upgrades like the Glamsterdam hard fork keeps Ethereum aligned with Vitalik Buterin’s long-term vision.
Currently, the immediate resistance for ETH lies at the 100-day EMA at $3,307, which, if broken, could open the door for further gains towards the next resistance at the 200-day EMA at $3,352.
In the short term, however, the elevated RSI suggests traders should be prepared for potential price fluctuations that could pull Ethereum down to the support at the 50-day EMA at $3,132.
But if ETF inflows remain strong and on-chain accumulation persists, any pullback may be shallow.
Overall, Ethereum appears well-positioned for further gains, but near-term caution is warranted as momentum cools.
RNDR is trading at $2.43 after adding 14% to its value in the last 24 hours.
The coin is up 87% in the past seven days, making it one of the best performers in the top 100.
RNDR hits $2.5 after an 87% rally in seven days
RNDR, the native coin of Render, a decentralized network that provides decentralized (Graphics Processing Unit) GPU compute service, is one of the best performers among the top 100 cryptocurrencies by market cap in the last seven days.
The coin is up 87% in the last seven days and is now trading at $2.43 per coin. Thanks to the latest rally, Render’s market capitalization now stands above $1.2 billion, surpassing that of other popular coins, such as ATOM and FIL.
Data obtained from Santiment shows that Render’s trading volume reached $181.36 million on Tuesday, the highest since November 7. The trading volume has been steadily rising since December, indicating that traders’ interest and liquidity in Render are increasing.
Furthermore, Daily Active Addresses rose from 54 on December 26 to 536 on Tuesday, the highest level since October 12. This suggests that demand for RENDER’s blockchain usage is increasing.
Finally, the derivative demand for RNDR is also increasing. According to CoinGlass, RNDR’s futures Open Interest (OI) on exchanges rose from $28.90 million on Thursday to $65.89 million on Tuesday, the highest level since October 17. The rising OI indicates new money is entering the market, which could see RNDR’s price appreciate even further.
Is RNDR heading towards $3.0?
The RNDR/USD 4-hour chart is bullish and efficient thanks to the coin adding 87% to its value in the last seven days. Its recent rally allowed it to surpass the 50-day EMA and 100-day EMA at $1.70 and $2.08, respectively
If the uptrend continues, RNDR could extend the rally toward the 200-day EMA at $2.73. An extended bullish run would see RNDR trade above $3 for the first time since the October 10 flushing event.
The Relative Strength Index (RSI) on the 4-hour chart is at 84, above its overbought level, indicating strong bullish momentum.
Furthermore, the Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover and rising green histogram bars above the neutral level.
However, if the market undergoes a correction, RNDR could extend its decline to the 100-day EMA and support level at $2.08.
