The cryptocurrency market has faced a major downturn in the last 24 hours, except for Pi Network, which is showing an upward trend.
Market Overview
In the past 24 hours, the total cryptocurrency market capitalization has shrunk by 7.18%. Bitcoin has dropped over 6%, while altcoins suffered even heavier losses, with Ethereum declining by more than 10%.
Prospects for Pi Network
However, Pi Network stands out amid the current downturn, demonstrating significant growth. Pi Network's price surged to $1.565, marking a recovery of over 139% from its all-time low of $0.60.
Final Thoughts
Despite the broader market's bearish trend, Pi Network is showing impressive strength. A breakout above the current resistance zone could ignite a major rally, fueling positive speculations around a potential Binance listing.
Keep a close watch on the resistance at $1.70 and the support at $1.43 to gauge the next significant move for Pi Network.
