In the cryptocurrency world, price movements alone do not always determine the long-term value of assets. The functionality of projects becomes a key factor in survival amid market noise. Currently, Pi Network and Chainlink are showing noticeable price fluctuations.
Pi Network Outlook
Pi Network currently trades at $0.6305 and faces significant resistance at $0.6477. Indicators show mixed results: RSI at 61.28 indicates accumulating bullish momentum, while ADX at 77.6 confirms a steady trend. However, 24-hour trading volume has decreased by 39.63%, reflecting waning short-term interest.
A key development is the withdrawal of over 41 million PI (worth about $27 million) from exchanges like OKX in just two days. Such large outflows often signal accumulation and reduce market supply, paving the way for possible price increases.
Chainlink Eyes $15
Chainlink (LINK) is currently holding at $14.15 with a mild 0.08% increase since its last close. A confirmed double-bottom on the daily chart points to potential further gains. A daily close beyond $13.10 supports this view, and a push to $15 would be a 20% jump from current levels.
The Relative Strength Index (RSI) stands at 46.95, showing a neutral sentiment with space to rise. However, a 25% drop in trading volume indicates fewer active traders at this time. Key support levels lie at $13.10 and $12.94, with $15 as the main resistance before the next move.
Rising Interest in Web3 ai's Tools
Interest is growing in Web3 ai's $WAI presale, as it offers essential tools that simplify cryptocurrency usage. The project features 12 functions, including portfolio tracking and fraud detection. The price for the token in stage three is just $0.000331, creating opportunities for significant gains when $WAI reaches its listing price.
Given the rising interest in Web3 ai's presale, the project appears promising among cryptocurrencies with practical solutions for users.
Amid numerous cryptocurrency projects, only a few stand out due to their functionality. Pi Network and Chainlink exhibit interesting price processes, but Web3 ai's advantage lies in providing working functionality that meets user needs.
