Cardano (ADA) faces a mild pullback, trading below $0.220 on Monday after a skyrocketing 29% rally in the previous week. On-chain and derivatives data turn slightly bearish as traders appear to take profits following ADA’s massive gains. Technically, the outlook remains bullish, but momentum indicators suggest further upside is becoming increasingly stretched, raising the risk of a pause or consolidation ahead.
Pi Network (PI) trades in the red on Monday, easing after a gain of over 6% last week. Pi Core Team released Protocol 27 on Pi Testnet on Saturday, opening the door to new smart contract authentication capabilities. The technical outlook for PI remains mixed as the price lacks momentum and remains capped below $0.1000.
Bitcoin edges lower on Monday, following a 23% jump last week. BTC maintains a strong bullish near-term bias as price holds well above both the 50-day Exponential Moving Average (EMA) at $66,769 and the 200-day EMA at $72,636. In addition, last week’s rally was accompanied by $1.92 billion in inflows into BTC-focused Exchange Traded Funds (ETFs), marking the largest weekly inflow so far in 2026. This renewed institutional demand improves the odds of an extended Bitcoin rally.
Be the first to comment