The crypto market is buzzing with action once again. The Pi network price has made a solid recovery, bouncing to $0.64 after an enormous 80% drop from February highs.
Meanwhile, the Chainlink (LINK) price today is showing strong signs of revival, gaining more than 5% and reaching $13.82 after breaking out of a long-standing downtrend. These moves are attracting significant attention from traders who are tracking price trends closely.
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Pi Network Price Steadies, But Uncertainty Remains
The Pi network price is showing resilience at $0.64, rebounding after an 80% decline from its peak earlier this year. This recovery has sparked speculation about whether Pi could stage a bigger comeback.
Technical indicators are cautiously optimistic. The 12-day EMA recently crossed above the 26-day EMA, signaling short-term bullish momentum. If Pi can break the $0.71 resistance level, a run toward $0.96 and potentially $1 could be on the cards.
Yet, risks remain. While Pi Network has achieved impressive milestones, including 125,000 sellers registered at PiFest, its supply dynamics present challenges. Over 111 million tokens are scheduled for unlocking this month alone, and with the Pi Foundation holding a substantial 68 billion tokens, concerns about potential sell-offs persist.
Although the Pi network price is holding firm for now, any significant move will depend on how these supply-side risks play out in the coming weeks.
Chainlink (LINK) Price Today Shows Strength, But Can It Sustain?
The Chainlink (LINK) price today is on the rise, with a gain of over 5% pushing it to $13.82. After breaking out from a descending wedge pattern, LINK is catching attention from technical traders.
Indicators such as RSI and MACD have turned bullish, and a weekly reversal candlestick suggests a potential continuation toward the next resistance at $17.90.
Chainlink’s rally has been supported by strong ecosystem growth. Last week alone, 22 new assets and seven integrations were announced, including a collaboration with Pi Network. These updates have bolstered Chainlink’s position in the DeFi and oracle sectors.
Still, despite the breakout, the Chainlink (LINK) price today has not yet confirmed a long-term uptrend. Traders are closely watching whether LINK can hold above $13 and maintain momentum through the $17.90 mark. Only then will confidence in a sustained rally strengthen.
Utility Beats Hype When the Market Shifts
While the Pi network price is finding temporary support and the Chainlink (LINK) price today enjoys a promising breakout, these price-driven narratives are only part of the crypto market’s bigger picture. Traders increasingly need more than just favorable charts. They need actionable intelligence that helps them navigate risks and identify opportunities in real time.
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As the crypto market grows and traders seek solutions that offer more than speculative price movements, Web3 ai is positioning itself as the best performing crypto today based on utility, accessibility, and forward-thinking design.
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