BeInCrypto

At the time of writing, Pi Coin is priced at $0.345, stuck just below the $0.351 resistance level. Attempts to break past this barrier over the last ten days have failed, underscoring the lack of sufficient buying power. The cryptocurrency continues to hold steady near its $0.343 support level. Should investor inflows strengthen, Pi Coin could breach $0.351, flip it into support, and climb toward $0.360 in the short term. However, weak market conditions pose a significant risk. If sentiment fails to improve, Pi Coin could slip toward $0.334 support. Such a drop would bring the token dangerously close to its all-time low of $0.322, invalidating the bullish outlook.

At the time of writing, Solana trades at $219, holding firm above its $214 support floor. This represents a seven-month high, with the token facing resistance at $221. Sustaining this level will be crucial in shaping short-term direction. Should momentum fade, Solana’s price could retrace to $206 or even lower, testing $195 as support. Such a correction would align with the RSI and address data signals pointing to short-term cooling. Conversely, if existing SOL holders increase demand, the altcoin could defy bearish signals. A breakout above $221 would strengthen the bullish case, potentially driving Solana toward $232 and invalidating expectations of an imminent decline.

The native utility token of MYX Finance (MYX) is flashing a critical technical signal. The Relative Strength Index (RSI) has surged above 90, a level that typically indicates extreme overbought conditions. Such a high reading suggests that recent buying momentum may be overextended and could soon trigger profit-taking. When RSI readings reach above 70, the market is often considered overbought, and at 91, MYX has entered historically unsustainable territory. Traders should be cautious of a potential pullback or short-term correction, as momentum-driven rallies can quickly reverse once buyers begin locking in gains.

DOGEUSDT trades near $0.231 after a 6% daily bounce, breaking out of an inverse head-and-shoulders on the 4-hour chart. The target from this setup is $0.248, about 7.4% higher. Momentum is backed by EMA crossovers, with the 20 EMA already above the 200 EMA and more bullish crossovers lining up. Dip buying adds weight to the move. The Money Flow Index trends higher, and both long-term and short-term holders have increased their positions. Still, traders must watch $0.210 as the first warning level, while a drop under $0.204 would fully cancel the bullish view.

XRPUSDT trades near $2.88 after breaking out of a bearish triangle that had threatened a drop below $2.69. The breakout shifts momentum, but bulls need to defend $2.94, $2.85, and $2.69 to keep the uptrend alive. Resistance sits at $3.10, with a stronger bullish flip if price clears $3.35. Supporting this move, whales bought about $630 million in XRP since September 3, lifting the XRPUSDT price above the $2.85 barrier. Still, profit-taking remains heavy, with 93% of holders now in gains and some selling into rallies. The technical setup is cleaner now, but holding support is key. A dip under $2.69 would risk invalidating the bullish structure.

At the time of writing, Bitcoin trades at $112,221, holding firm above the $110,000 support. This resilience reinforces the four-month uptrend line and signals potential short-term gains. The momentum is intact, with BTC eyeing higher levels. If sustained, Bitcoin could climb past $112,500 and head toward $115,000. Yet to reach a new ATH, history suggests BTC might need to drop to $101,634 first, setting the stage for a stronger breakout. On the flip side, if profit-taking escalates, BTC could slip toward the retracement level sooner. But should fear-driven selling dominate, the price risks falling below $100,000, which would invalidate the bullish outlook and extend the correction phase.

Ethereum’s price is currently at $4,315, showing limited movement after days of stagnation. The altcoin king continues to hover around the $4,331 support level, attempting to secure it as a foundation for a potential upward breakout in the near term. The Chaikin Money Flow (CMF) indicates rising inflows, a positive signal for Ethereum’s momentum. If the indicator crosses above the zero line, it will confirm stronger inflows. This could push ETH past $4,331 and toward $4,500, reducing the gap to its $4,956 all-time high. However, risks remain if investor sentiment weakens. Should selling pressure increase, Ethereum could struggle to maintain upward momentum. In this scenario, ETH might either consolidate sideways above $4,222 or fall through it, retesting $4,007 as support and invalidating the bullish thesis for the short term.

HBAR’s Average True Range (ATR) has been steadily declining since August 3. The ATR gauges price movement; a falling ATR indicates shrinking fluctuations and low market momentum. Without fresh catalysts, HBAR may remain range-bound for the near term, as volatility continues to compress. HBAR is in a state of balance, showing indecision from both buyers and sellers. Traders should watch for potential catalysts to trigger the next directional move.

On the one-day chart, PI/USD displays a steady climb in its Chaikin Money Flow (CMF) indicator, even as the token’s price remains largely sideways. This divergence between price and money flow is a classic bullish signal, suggesting that buying interest is quietly accumulating despite the lack of immediate price movement. The CMF measures the volume-weighted flow of capital into and out of an asset, indicating whether buying or selling pressure dominates. A rising CMF while the price stays flat often points to a gradual build-up of demand, as buyers accumulate positions under the radar. This accumulation phase implies that PI could be setting up for a potential breakout. If buying pressure continues to grow, the token may soon move above its current range, signaling a shift from consolidation to upward momentum.

Bitcoin crossing the $112,500 resistance is encouraging, providing a path toward $115,000. This level is crucial for attracting new capital inflows, which would validate the recovery and increase the likelihood of sustained upward momentum. However, historical patterns suggest consolidation remains likely. Bitcoin may settle under $115,000 or slip below $112,500, with sideways price action dominating the short term as the market absorbs recent volatility. If profit-taking accelerates, Bitcoin could face sharper declines. A drop back to $110,000, or even a loss of this support, would weaken sentiment and invalidate the bullish thesis, leaving BTC vulnerable to extended consolidation or further downside.