Invest ideasNews
8 Jun 2026, 15:07
Can PI defend the $0.10 psychological level amid low trading volumes?
Pi Network (PI) is trading in the green on Monday but remains under pressure, trading below $0.1300 after recording its sixth consecutive weekly loss. The token has fallen roughly 10% over the past week, extending a broader downtrend that has persisted for months and pushing prices toward fresh record lows. The technical indicators suggest that the bears remain in control despite the ongoing market recovery. Declining volume highlights weak market participation PI is up by less than 1% in the last 24 hours and is currently trading below $0.1300. One of the key concerns for PI remains the steady deterioration in trading activity. Currently, trading volume increases that previously supported short-term rebounds have become increasingly weaker over the past year. The falling prices and declining volume suggest that buyer demand is struggling to absorb ongoing selling pressure. Usually, declining volume during a downtrend reflects waning retail participation and weakening market conviction, making recovery attempts more difficult to sustain. The recent selloff saw PI dip to a new low of approximately $0.1184 on Saturday, underscoring the persistent lack of liquidity in the market. Without a meaningful increase in trading activity, the token remains vulnerable to broader market risk-off conditions and additional downside pressure. PI price forecast: Technical structure remains bearish The PI/USD 4-hour chart remains bearish and efficient despite the current market recovery. The technical structure indicates that PI could face further selling pressure in the near term. At press time, PI is trading at $0.12923, below the 50-day EMA at $0.1549, the 100-day EMA at $0.1676, and the 200-day EMA at $0.2142. The price action remains dominated by a descending resistance trendline formed from the March and April highs, reinforcing the longer-term bearish outlook. Technical momentum signals offer little evidence of a sustained recovery. The Relative Strength Index (RSI) is hovering near 50, just below the neutral territory, indicating that downside momentum remains in place despite the possibility of short-term relief rallies. Meanwhile, the Moving Average Convergence Divergence (MACD) remains deeply negative, further confirming continued selling pressure. If the bearish trend persists, PI could retest the recent low of $0.1184. Failure to defend this support level could see PI decline towards the next major zone at $0.1124. A failure to hold above the recent low at $0.1184 could expose PI to fresh all-time lows, while any recovery attempt would first need to break through the descending trendline that has capped rallies for months. However, if the market recovery continues, the bulls would encounter immediate resistance at $0.1305. A decisive break above this level could see PI extend its rally towards the $0.1478 and the 50-day EMA at $0.1549. Unless demand returns and volume improves meaningfully, the token may remain vulnerable to further downside in the near term. The post Can PI defend the $0.10 psychological level amid low trading volumes? appeared first on Invezz
8 Jun 2026, 15:02
Bitcoin falls below 62 thousand dollars Investors are watching two critical signals! What are the key takeaways for the coming days?
🚨 Bitcoin fell below 62 thousand dollars with nearly 6 percent losses. 📊 Exchange inflows from mid term $BTC holders are spiking amid nerves over fresh selling. 🪙 Bitwise CEO urges investors to look beyond short term turmoil and focus on fundamentals. 💡 Liquidity is shifting into AI and tech stocks as major IPOs come into focus. Continue Reading: Bitcoin falls below 62 thousand dollars Investors are watching two critical signals! What are the key takeaways for the coming days? The post Bitcoin falls below 62 thousand dollars Investors are watching two critical signals! What are the key takeaways for the coming days? appeared first on COINTURK NEWS .
8 Jun 2026, 15:02
Analyst to XRP Investors: Ready for SWIFT and DTCC. Price Will be Set before Clarity Act. Here’s why
As XRP trades at $1.08 after falling 19% over the past week, market participants continue to search for explanations behind the recent decline across the cryptocurrency sector. Amid the volatility, crypto analyst {x} (@unknowDLT) has put forward a theory that connects the downturn to one of the most closely watched developments in global finance: the unwinding of the Japanese carry trade. In a tweet, the analyst argued that the Japanese carry trade is “100% linked” to the market crash, suggesting that the timing of its unwinding aligns with the recent weakness seen across digital assets. The post also tied this macroeconomic development to XRP’s long-term outlook, claiming that Japan will be the first country to adopt XRP and that the asset’s price could be established before the passage of the proposed Clarity Act in the United States. I've done some research, and it seems that the Japanese carry trade is 100% linked to this crash. The carry trade is starting to unwind the timing couldn't be more perfect. Japan will be the first country to adopt XRP; the price will be set before the Clarity Act. Ready for… — {x} (@unknowDLT) June 5, 2026 The Carry Trade Theory Behind the Sell-Off The analyst’s comments focus heavily on the Japanese carry trade, a strategy that has played a major role in global financial markets for decades. The trade involves investors borrowing Japanese yen at extremely low interest rates and investing the funds in higher-yielding assets elsewhere in the world. However, as the Bank of Japan gradually moves away from its ultra-loose monetary policies and interest rates rise, the attractiveness of this strategy diminishes. Investors often respond by selling risk assets and repurchasing yen to close their positions. Many analysts have warned that such a process can reduce global liquidity and place pressure on markets ranging from equities to cryptocurrencies. According to @unknowDLT, this unwinding process is the primary driver behind the recent market weakness. While the extent of its impact remains a subject of debate, the analyst believes the connection between the carry trade and the broader crypto decline is direct. Japan’s Growing Connection to XRP Beyond the macroeconomic discussion, the post also highlighted Japan’s relationship with XRP. The analyst stated that Japan will be the first country to adopt XRP, a claim that reflects a common narrative within sections of the XRP community. Although Japan has not announced plans to adopt XRP as a national currency, the country has developed one of the most crypto-friendly regulatory environments in the world. Japanese financial giant SBI Holdings has maintained a long-standing relationship with Ripple and has supported initiatives involving the XRP Ledger for cross-border payments and remittance services. Recent regulatory developments have also strengthened Japan’s position as a leading jurisdiction for digital asset innovation. Supporters of XRP often point to these developments as evidence that Japan could play a significant role in the asset’s future adoption by financial institutions. Focus Turns to Regulation and Financial Infrastructure The analyst also referenced the Clarity Act, SWIFT, and the DTCC, suggesting that XRP is positioning itself for greater institutional relevance. Many industry participants view the Clarity Act as a potential step toward establishing clearer rules for digital assets in the United States. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 At the same time, institutions such as SWIFT and the DTCC continue to explore blockchain-based solutions, tokenization, and interoperability frameworks. These initiatives have fueled speculation about how established financial infrastructure could interact with digital assets in the years ahead. The post ultimately presents a bullish outlook for XRP despite the recent decline. While some of the claims remain speculative, the commentary reflects a growing belief among XRP supporters that macroeconomic shifts, regulatory developments, and institutional adoption trends could converge to influence the asset’s future trajectory. Meanwhile, reactions from the community remain mixed. One commenter, identified as tam, suggested that capital may have temporarily moved out of cryptocurrencies due to interest surrounding the SpaceX IPO, contributing to retail-driven selling pressure. The commenter added that a change in market direction could emerge once that activity subsides. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst to XRP Investors: Ready for SWIFT and DTCC. Price Will be Set before Clarity Act. Here’s why appeared first on Times Tabloid .
8 Jun 2026, 15:00
Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic
Ethereum’s crash below $1,500 over the weekend has pushed sentiment into one of its most fearful phases since the previous bear market, but crypto analyst Crypto Patel believes the current selloff should be viewed through a longer lens. The analyst’s roadmap places ETH inside a broad accumulation range, with the chart showing that the same movement as previous Ethereum tops and bottoms is still playing out, and Ethereum might be declining into an accumulation zone. Ethereum Enters Panic Zone As Price Revisits $1,500 Ethereum’s weekend drop has brought ETH close to $1,500, extending a painful correction that has already erased a large part of the gains since its August 2025 ATH. Recent market data from TradingView shows ETH briefly touched $1,505 on Saturday, June 6, during a crypto market-wide selloff, a move that has increased panic among traders, as evidenced by various posts on social media platforms. Related Reading: Institutions Are Loading Up On XRP, But Liquidity Tells A Different Story Crypto Patel’s reaction to the decline was that panic selling is not the answer. Technical analysis of the 2-week candlestick timeframe chart shows that Ethereum is now trading close to a zone where long-term investors should begin thinking in terms of staged accumulation, not emotional exits. Patel placed his preferred ETH/USDT accumulation range between $1,550 and $1,000, noting that the bottom could be in this zone, but no one can accurately call the exact bottom. The chart attached to his outlook, which was posted on the social media platform X, shows Ethereum trading on top of a green accumulation zone above the $1,000 support area. Ethereum 2-Week Price Chart. Source: @CryptoPatel On X This range is the strong support, and any downside from the current price levels will be limited to $1,000. However, a break below $1,000, if it happens, will only last a few days as a final liquidation move to force weaker holders out. Long-Term Roadmap To $16,000 Ethereum’s full price history, viewed through an Elliott Wave structure, shows the 2017 and 2021 peaks as major cycle tops within two separate cycles. The current price action is classified as a Wave 4 correction in a five-impulse wave count that started after the 2021 top. Wave 4 is a correction to a major accumulation point before a projected Wave 5 expansion phase into 2026 and 2027. Related Reading: Here’s How High The Bitcoin Price Will Climb If It Breaks The Current Bear Trend Patel’s roadmap places $3,945 as a major resistance level, which is close to the zone that capped several rallies after the 2021 peak. A breakout recovery above that price level would likely be the first confirmation that Ethereum has moved out of the accumulation structure and back into a larger bullish Wave 5 phase. The projected Wave 5 extension targets $16,000, timed to a cycle top between 2026 and 2027. Patel also stated that ETH above $10,000, and possibly even $20,000, are possible over the long term. Featured image created with Dall.E, chart from Tradingview.com
8 Jun 2026, 15:00
Bitcoin Is Bleeding, And This Is What Is Driving The BTC Price Crash
The BTC price is declining more each day as the bear market tightens its grip on the crypto market. Last week, Bitcoin plummeted below $60,000 for the first time since October 2024, marking a new low for this cycle. While overall market sentiment has weighed heavily on the cryptocurrency, several other key factors are driving the recent declines. The decline in Spot Bitcoin ETFs has put additional pressure on BTC, while ongoing geopolitical tensions have heightened investor uncertainty. If these pressures fail to ease soon, Bitcoin could face further losses, with analysts warning of a steeper decline toward $50,000 . BTC Price Crashes As ETFs See A String Of Outflows Bitcoin has fallen more than 18% over the past 14 days, according to CMC data, marking a staggering loss of value for the blue-chip cryptocurrency. BTC is currently trading above $62,000 after its recent crash toward $59,000 last week, signaling a short-term rebound. Despite the slight recovery, bearish conditions still weigh heavily on the price , with the market showing no clear signs of a rebound. Notably, one of the major drivers of the ongoing BTC decline is the massive outflows observed by Spot Bitcoin ETFs . As of June 3, 2026, Bitcoin ETFs have recorded their 13th consecutive outflow, marking the longest red streak in their entire history. The extent of this decline shows how bearish the market has become and how cautious investors still are . SoSoValue reports that from May 15 to June 3, US Bitcoin Spot ETFs bled heavily, recording staggering outflows of more than $4.37 billion in less than two weeks. Interestingly, Bitcoin ETFs ended the record 13-day streak on June 5 with a slim $3.05 million net inflow. However, the gains did not carry over to the next day, as the ETFs saw an even steeper outflow of $325.69 million on June 5. This indicates that investors are inherently fearful, especially as the market remains uncertain about BTC’s next price direction . IBIT Dominates Bitcoin ETF Outflows BlackRock’s IBIT , the largest spot Bitcoin ETF, has been the clear leader driving the massive ETF outflows. IBIT accounted for roughly $3.3 billion of the $4.37 billion in outflows, about 75% of the total over 13 days. Fidelity’s Wise Origin Bitcoin Fund came in second with $456 million in outflows over the streak. Meanwhile, Grayscale’s GBTC logged $303 million in outflows, which is significant but still far behind the other two products. Overall, BlackRock’s dominance in the Bitcoin ETF market means it also bears the brunt when institutions pull back. Grayscale’s GBTC, which has been bleeding assets since its trust conversion due to its higher 1.5% fee, was actually a relatively minor contributor this time around. This long string of outflows has been the major driver behind BTC’s latest price declines.
8 Jun 2026, 15:00
Cardano price prediction: Can ADA’s $0.156 support prevent another drop?
Cardano revisited a January 2021 support level as traders watched $0.156 closely.
