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The 50-, 100-, and 200-day moving averages are among the major moving averages that Ethereum is currently holding well above. Healthy trending markets exhibit this alignment with the longer-term moving averages serving as dynamic support during declines. After rising above 70, the Relative Strength Index (RSI) has entered overbought territory. RSI can stay extended for longer than anticipated in robust bull markets, even though this raises the likelihood of short-term profit-taking. It’s like a marathon runner who’s so full of energy, they keep sprinting even when they should be pacing themselves.

Imagine, if you will, a world where XRP, the darling of the crypto world, could process up to 20% of SWIFT’s transactional volume. This is not just a pipedream, my friends, but a tangible reality that is slowly but surely coming into focus. With institutional traction on the rise, market momentum building, and rapid adoption, the future looks brighter than ever for our intrepid XRP. 🌟

Check out this chart from MacBTC 📊. PENGU’s been chillin’ beneath a major resistance zone for a hot second, but now it’s breaking free 🚀. The momentum indicators are all like, “Hey, we’re good to go!” and the rising RSI on the 3D chart is all, “Yaaas, let’s do this!”

ICO. Just saying it gives me the cold sweats. Remember 2017? The wild west of cryptocurrencies, where every altcoin promised you the moon and delivered, well, a hard kick instead. 🚪🔥 While some people are optimistic about ICOs making a comeback, others have the foresight of a raccoon on a break. 🚧 They’re calling it the “bubble” renaissance, all while comparing it to the Bitcoin treasure hunt that’s still going on.

Not content with just boosting PENGU, Sun also shared some “hot” TRON gossip: measures to lower gas fees and make the TRON network more competitive. Talk about multitasking! 💼💥

But let’s not get too comfortable, folks. This week is shaping up to be a rollercoaster ride as the U.S. releases its consumer price index data and the earnings season kicks off. And if that’s not enough excitement for you, U.S. politicians are having their very own Crypto Week, where they’ll be discussing the GENIUS Act, the CLARITY Act, and an anti-CBDC bill. Because what else do you do with your time in Washington, D.C., if not argue about digital money? 🏛️💰

New licenses, stablecoin approvals, and early compliance trends hint at how the bloc’s ambitious regulatory experiment is unfolding.

But fear not, for the Pi token stands firm at the critical $0.40 support level, like a sturdy Cossack at his post. This is especially noteworthy, considering the network plans to unleash a whopping 276 million PI tokens between June 28 and July 15, 2025. Yet, the price remains steadfast, a testament to the token’s resilience.

According to him, Bitcoin’s climb to new highs is the result of a “supply shock” triggered by growing demand from large-scale investors. The launch of spot ETFs and the increasing number of companies holding BTC in their treasuries have opened the floodgates for mainstream capital, Reeves explained. As new financial vehicles bring trillions of dollars closer to Bitcoin, he said, it’s only natural for the price to move upward. 💸📈

The Chaikin Money Flow (CMF) for Pi Coin has taken a nosedive, with the indicator currently below the zero line, indicating that outflows are dominating inflows. This decline signals that Pi Coin holders are actively withdrawing their holdings to prevent further losses. The CMF has hit a monthly low, showing that the sentiment towards Pi Coin is turning bearish.