The cryptocurrency market remains under pressure, with various price predictions for ONDO and PI. Additionally, a new project, BlockchainFX, promises to change the game in the cryptocurrency exchange sector.
Price Prediction for ONDO
The latest price prediction for ONDO indicates short-term resistance in the range of $1.10-$1.25 after a bounce off the $0.94 level. Whale accumulation is increasing, and open interest in ONDO futures has exceeded $490 million. A recent surge in trading volume by over 40% shows growing confidence in the asset. Analysts believe that if this momentum holds, ONDO could reach $1.50-$1.75 by the end of 2025.
Current PI Price and Prospects
The PI price is hovering around $0.42 after sliding from recent highs of approximately $0.45. Short-term predictions point to sideways action, with risks of a dip towards $0.30 by the end of August. Daily trading volumes remain between $80-$95 million, but weak RSI levels and technical pressure below key moving averages indicate no strong breakout in sight just yet. Long-term forecasts are mixed: some models target up to $1.25 by year-end, while ultra-bullish forecasts predict a price of $2.81 by 2028.
BlockchainFX: A New Player in the Crypto Market
BlockchainFX is positioning itself as a multi-functional application that integrates the ability to trade cryptocurrencies, stocks, gold, and Forex. Unlike traditional platforms like Binance and Coinbase, BlockchainFX offers broader access to financial instruments within a single app. Each operation on the platform generates rewards for users holding BFX tokens, creating an incentive for trading and token retention.
The cryptocurrency market continues to evolve, and projects like ONDO and BlockchainFX could play a significant role in its future changes. Investors are advised to keep a close watch on the situation and repeatedly update their forecasts.
