From the daily chart, our dear Bitcoin is trying to shake off a recent slump, bouncing like a V between $84,398 and $94,792. Now, it’s hovering around $90,500, with candles so small they’re practically whispering, “Meh.” 🥱 Support? Oh, it’s cozy between $84,500 and $85,000. Resistance? A cool $94,500 to $95,000. Bulls? Still nursing their weekend hangover. 🍻
Lo and behold! The Pi Network has bestowed upon us mere mortals a library designed to hasten the integration of Pi payments. Just imagine, dear reader, developers can now weave Pi payments into their applications in a mere ten minutes-if only life’s other complexities could also be resolved so swiftly. This update comes as part of Pi Network’s grand scheme to usher in real-world utility, a noble pursuit indeed!
Ripple’s beloved token? Oh, it soared like a fiery comet-up nearly 30% in less than a week! From a humble $1.90 to a glorious $2.41, driven by ETF inflows and folks hurriedly ditching their tokens on exchanges, as if the sky itself was falling. 🚀💸
Bitcoin has lain in a tight range for weeks, the market a patient furnace where only the stubborn flame of activity remains. Some traders grumble at the quiet; others sense the day when the earth will tremble and the crowd will feel the hammer fall. 😏💥
So, our crypto sage, Bird (yes, that’s what we’re calling them now), decided to grace us with a technical analysis on X. Apparently, things are aligning for XRP, like the universe decided it’s time for a rerun of its greatest hits-think big rallies and dollar drama! Who knew currency could be this dramatic?
Behold, the retail traders-those intrepid souls-have traded their frowns for grins, as if the market had handed them a champagne flute and a signed autograph from a celebrity. 🥂 But let us not be too hasty; the price action has begun to resemble a wobbly tightrope walker. 🕰️
From a broader perspective, Bitcoin is trapped between $88,000 and $92,000, a range as confining as a Moscow winter. Historically, such pauses near cycle highs have been as unpredictable as a Tolstoy character’s motivations, alternating between continuation phases and deeper corrective moves. Confirmation, dear reader, is critical before we assume anything. 🧐
The price of Cardano (ADA), that ever-optimistic dreamer, has stumbled into a 1.36% decline since yesterday. A polite retreat, one might say, or perhaps a midlife crisis disguised as a dip.
Key Takeaways (Because Who Likes Uncertainty?)
In a CryptoQuant post that’s basically the crypto version of a soap opera, OnChain spills the tea: Bitcoin’s weekly chart is throwing 2021-2022 vibes, and not the good kind. They’re mixing technical indicators and on-chain metrics like a bartender on a sugar high-4 Anchored VWAPs (because why not?), SMA50, Realized Price – UTXO Age Bands (6-12 months), and Bitcoin Apparent Demand. 🍸✨ Apparently, these tools are screaming, “Bear market, honey!”