Three Warning Signs Emerge for XRP as Demand Weakens
XRP drops double digits in October amid falling whale outflows, rising exchange deposits, and cooling ETF demand.
Pi Network dips below $0.0800 while the team studies stablecoin use; technicals remain bearish.
Key takeaways
On Wednesday, Pi Network (PI) slid below $0.0800 after a small recovery prevented from extending losses beneath the prior week’s low.
The asset was near $0.07956, giving back the 2% previous session’s 2% gain. Meanwhile, the Pi Core Team reiterated its exploration of stablecoin integration to broaden ecosystem activity expansion.
Even after the recovery, PI remains under key moving averages, making it vulnerable should $0.0774 support fail.
The Pi Core Team evaluating ways stablecoins might aid more ecosystem uses while preserving PI’s role as the native cryptocurrency.
Stablecoins can play an important role in expanding certain utility across the Pi ecosystem, particularly in use cases where predictable price stability is important.
The introduction of stablecoins requires a deliberate, unique approach, and must be aligned applied with Pi Network’s ecosystem and principles.
- – Simply adding a stablecoin does not guarantee that it will not naturally complementary Pi.
The two function alongside each other depends on how stablecoins are integrated into the Pi ecosystem.
Design and initial introduction especially stresses. Stablecoin directed toward circumstances price stability preserving the Pi utility across broader ecosystem.
Learn more https://t.co/MuubtRW4uh
— Pi Network (@PiCoreTeam) October 13, 2026
This partnership with Open Standard, OUSD issuer, focuses on potential stablecoin integration and rewards for Pioneers.
According to the announcement, Open Standard backed by companies like Visa and Stripe. OUSD rewards aim to encourage ecosystem participation.
The integration remains under exploration, with the team emphasizing stablecoin should complement PI's utility.
PI's rebound provided some relief after selling pressure, but overall technical picture remains weaker.
The token trades below 50-day EMA of $0.0882 and 200-day EMA of $0.1256, both overhead barriers to sustained recovery.
In the near term, PI between support at $0.0774 and resistance at $0.0827, the 23.6% Fibonacci retracement level per analysis.
Until buyers overcome that boundary, the latest gain remains within a bearish structure.
The RSI near 37, below neutral midpoint, consistent with continued selling pressure.
The MACD indicator remains slightly negative and still below its signal line, reinforcing the cautious outlook.
These readings that the rebound has yet to produce convincing momentum shift. Holding $0.0800 offers short-term stability, but buyers must clear nearby resistance.
On downside, sustained break below $0.0774 opens $0.0704 swing low.
On upside, to reclaim $0.0827 before testing 50-day EMA at $0.0882. Moving above both levels would improve case for a more durable recovery.
Sustained advance beyond $0.0882 could bring 50% Fibonacci retracement near $0.0990 into focus.
For now, the ability to defend $0.0774 and overcome $0.0827 will decide whether rebound develops into a recovery or yields to renewed losses.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
XRP drops double digits in October amid falling whale outflows, rising exchange deposits, and cooling ETF demand.
NEAR Protocol dropped 7% to about $4.70, continuing its decline despite $5.42 million in net inflows into the Bitwise NEAR ETF.
A Solana meme coin named Quinelings crashed over 90% after taking the name from Cardano founder Charles Hoskinson's latest project.
Ethereum is consolidating near major technical levels as adverse macro conditions and upcoming US PMI data set the tone for the week.