23 hours ago
TL;DR Pi Network’s token has rebounded from recent lows and outperformed major cryptocurrencies like BTC and XRP in daily gains. Analysts predict further upside potential. Speculation is mounting about a potential Binance listing on March 14, while Gemini has hinted at a major announcement on March 13, fueling anticipation within the PI community. PI Outperforms the Leaders Pi Network’s native token saw the light of day on February 20, and since then, it has experienced significant volatility. The price surpassed $1.80 on launch day, but it tanked below $0.65 mere days later. The bulls retook control towards the end of February, and the valuation hit an all-time high of almost $3. The ongoing month has offered more turbulence, with PI dipping below $1.30 on March 9. However, that marked a local bottom, and currently, the price is worth approximately $1.70 (per CoinGecko’s data), representing a 15% increase on a daily scale. PI Price, Source: CoinGecko The coin’s resurgence coincides with a slight rebound of the entire cryptocurrency market. However, PI has outperformed most of the top 100 digital assets in terms of daily gains. Bitcoin (BTC), for instance, is up 2% for the day, whereas Ripple (XPR) has climbed by 3% for that timeframe. According to some industry participants, PI has much more room for growth. The X user JAVON MARKS recently claimed that the price chart seems to have formed “a bullish Falling Wedge pattern breakout” that might be followed by a bull run to fresh peaks. “Prices could be set for an over 72% increase back close to the $3 mark,” the analyst predicted. The Approaching Pi Day Pi Network will celebrate its sixth birthday on March 14 . The date also symbolizes the mathematical constant π (pi), which is approximately 3.14. Recently, there have been increased rumors that Binance might list PI that day. In February, the world’s largest crypto exchange held a community vote to determine whether its users would want to see PI available for trading. Over 86% of the voters clicked the “yes” option, but PI remains unavailable on the platform. A potential listing will increase the coin’s liquidity and accessibility and could trigger upward pressure on the price. Historically, support from Binance has resulted in substantial rallies for the involved cryptocurrencies. Meanwhile, the US-based crypto exchange Gemini might also hop on the bandwagon. Earlier this week, the company prepared the community for big news that is about to be announced on March 13 . Some users commenting on the post suggested that the listing of PI could be the upcoming development. The well-known exchanges that have already embraced Pi Network’s native token include Bitget, Gate.io, MEXC, OKX, and more. The post Pi Network (Pi) Price Shocker: 15% Daily Surge, ATH Soon? appeared first on CryptoPotato .
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KAS PRICE ANALYSIS & PREDICTION (March 14) – Kas Posts 9% Gains Daily But Faces Resistance Amid Recovery, Where Next?
KAS continued to maintain a bearish following a steady breakdown on the daily chart. However, it has temporarily stopped bearish due to a bounce and regained strength with notable gains in the past 24 hours. Since last week, KAS has seen a major move as trading levels change to the downside. This came with a monthly breakdown, and the price fell to a new multi-month low of $0.0557. It recovered briefly from the low to retest the recently broken support as resistance and now faces rejection. As a result, the price is weak, following a 2% loss. A further loss could bring selling pressure back into the market. This could later lead to another breakdown capable of plunging the price into the $0.04 range. If the price recovers higher, it may revisit the $0.09 level before losing grip. As of now, there are no signs of strong commitment from the bulls’ side, as the demand level appears low. The only condition for a trend shift lies in a significant increase above the previous monthly low. But from the looks of things, KAS has shown no signs of slowing down yet. Having said that, the overall market is still considered bearish in the mid-term. More selling actions should be expected sooner than later. KAS’s Key Level To Watch Source: Tradingview The $0.076 resistance level is posing a threat. If the price increases above it, the $0.095 level would be the next resistance to keep an eye on, along with $0.1143. The higher levels for a trend shift are $0.135 and $0.155. Currently, the $0.0645 and $0.0557 levels are held as support. A break below it could bring us to $0.05 and potentially $0.04 in the near term. Key Resistance Levels: $0.076, $0.095, $0.1143 Key Support Levels: $0.0645, $0.0557, $0.05 Spot Price: $0.071 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Crypto Potato
De-Dollarization Push: African Payment Provider Tests Platform to Facilitate Local Currency Trade
An African payment infrastructure provider is piloting the Africa Currency Marketplace, which seeks to enable countries to settle trades with local currencies. PAPSS Fees to Be Market-Driven The Pan-African Payment and Settlement System (PAPSS), a payment infrastructure provider backed by 15 central banks, is reportedly piloting a currency platform to enable countries to settle trades Crypto Potato
