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Chainlink and Pi Network: Expectations and Analysis

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by Giorgi Kostiuk

3 hours ago


Currently, the crypto market is demonstrating mixed signals for several key projects, including Chainlink and Pi Network. At the same time, the activity around BlockDAG is attracting interest among traders and users.

Analysis of Chainlink Prices

The current price of Chainlink (LINK) is around $11.80, with key support located at $12.70. If this level is not held, further losses are likely; however, there is a possibility of recovery if the price manages to stay above this mark. Technical indicators show ambiguous signals, and some analysts suggest a possible bounce driven by short-term oversold conditions.

Current Situation with Pi Network

The price of Pi Network has fallen sharply by more than 30% over the past month, dropping from above $0.53 to around $0.47. Although the recent correction showed a slight recovery to the $0.50 mark, traders' attention is focused on the upcoming event scheduled for June 28, which may affect price dynamics. Some analysts expect a reversal if support around $0.47 holds.

BlockDAG and Its Perspectives

BlockDAG is currently in the presale stage, with a price of $0.0020, which will soon rise to $0.0030. The total number of coins sold has exceeded 23.2 billion, raising $318.5 million. This has attracted attention as the project is supported by over 2 million users participating in its ecosystem. A major sponsorship reveal is expected on June 30, which creates additional interest in this project.

Thus, the current situation in the crypto market shows uncertainty surrounding Chainlink and Pi Network, while the blockchain project BlockDAG is generating significant interest due to its upcoming sale and community activity.

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