Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Will Bulls Charge or Will Bears Break Through?
By: cryptosheadlines|2025/05/08 23:30:02
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com With a 7% gain, PI is trading at the $0.6222 level.The daily trading volume has jumped by over 232%.The crypto market is on the recovery boat. All the major assets light up the green chart, breaking the nearby resistance. Among the altcoins, PI has posted a solid surge of over 7.21% in the last 24 hours.In the early hours, the asset traded at a low of $0.5774, and the bullish wave has triggered the price to move up toward the $0.6486 mark. If the crucial resistance zones are tested, a potent upside correction could be reinforced.At the time of writing, PI traded within the $0.6222 range, with its market cap at $4.38 billion. Concurrently, the asset’s daily trading volume has increased by over 232%, reaching $128 million. Will PI Stay Steady or Slip?PI’s four-hour candlestick of PI reports the early stage of recovery. The asset’s target at $0.6342 resistance might initiate a sturdy upside correction. Assuming the asset builds a bullish zone, it could kickstart a rally, triggering the price to climb to the $0.65 level. Should the bears make a comeback, it might reinforce the bear pressure, retracing the price back to the $0.60 range. A deeper downside correction might drive the asset down and could invite the death cross to form, pulling back the price to the former lows.The Moving Average Convergence Divergence (MACD) line is above the zero line, indicating positive momentum. However, the signal line is slightly above it. It may likely lose strength or face potential consolidation. In addition, the Chaikin Money Flow (CMF) indicator settled at 0.19, suggesting moderate buying pressure, and the capital is flowing into the asset, reflecting bullish sentiment within the market.The asset’s daily Relative Strength Index (RSI) value of 62.02 signals mild bullish momentum, which might approach the overbought zone. This level has room for further upside before hitting crucial resistance.Highlighted Crypto News39% Jump: Will Mog Coin (MOG) Break Barriers or Burn Out?shareSource link
You may also like
AI Seating Chart Released | Rewire News Morning Brief
Musk and Ultraman are not above
Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain
Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.
Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives
The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending
Binance Cracks Down on Market Makers, a Long-overdue Trial
True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.
Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?
「There is no middle ground; the result will definitely be one of two extremes.」
Hollywood's AI Necromancy: Death Is No Longer the End of Labor
Post-Mortem Economics
a16z: DeFi Struggling to Support a True Financial Market
More important than throughput is the determinism and fairness of transaction execution.
Morning News | Bitmine launches institutional Ethereum staking platform MAVAN; Franklin Templeton launches tokenized ETF; Morgan Stanley to issue and sponsor Bitcoin ETF
Overview of Important Market Events on March 25
Kalshi early employees: Whoever controls the traffic controls the market
Robinhood can decide where tens of millions of contracts go with the flip of a switch, while the exchanges do all the hard work but cannot control their own fate.
Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%
USDT, with a market value of 184 billion dollars, is undergoing its first comprehensive inspection in history.
Proudly Introducing Aethir Claw: Your AI Agent, Our Infrastructure
Explore Aethir Claw, an easy-to-deploy AI agent solution that offers fully isolated VPS, encrypted payments, and highly competitive pricing.
Why Buying Gold Can Lead to Bankruptcy
"There is no issue with 'buying gold,' the issue is 'buying whose gold.'"
If the US Treasury yield rises above 5%, will Bitcoin drop below $50,000?
During the US-Iran war, as the bond market exhibited a **"meltdown"** scenario, Bitcoin's upward momentum is showing signs of exhaustion.
Circle Plunges 20%: Crypto Earthquake Triggered by Draft Proposal
Compliance gave Circle both a suit of armor and a ball and chain.
After the Smoke Clears: 5 Possible Endings to the Middle East Conflict
The Crown Prince in Exile for Half a Century, Set to Return to Tehran?
Stablecoin Yields Discontinued, Circle Plunges 20% in One Day
Tightening Regulations and Increased Competition Lead Market to Reassess Stablecoin Business Models
AI Wired into War Machine | Rewire News Nightly
Anduril and Palantir are collaborating on the development of the core software for the Golden Dome anti-missile system, with a project budget of $18.5 billion.
Web3 is sick, but the cure is not AI
Encryption may have wasted too many years, and the current AI anxiety is merely a stress response of an industry that has overdrawn its narrative after facing external shocks.
AI Seating Chart Released | Rewire News Morning Brief
Musk and Ultraman are not above
Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain
Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.
Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives
The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending
Binance Cracks Down on Market Makers, a Long-overdue Trial
True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.
Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?
「There is no middle ground; the result will definitely be one of two extremes.」
Hollywood's AI Necromancy: Death Is No Longer the End of Labor
Post-Mortem Economics
App