OKB and Pi Network Continue Their Rally
The OKB token has recently experienced a spectacular surge, jumping from $77 to $120 in just one day before stabilizing around the $98 – $100 zone. This progression of more than 31% was triggered by the announcement of an investment from Intercontinental Exchange (ICE), valuing the OKX platform at $25 billion. The bullish movement formed from a key support level around $79, strengthening the technical structure of the token.
However, the $120 zone now represents a major resistance. For the bullish trend to continue, buyers will need to successfully transform this level into support. In the short term, a technical retracement remains possible, but as long as the price stays above $88, a new breakout could take shape.
Meanwhile, Pi Network (PI) is trading around $0.218 after breaking its bearish trend. The token has cleared important resistance levels at $0.207 and $0.215, suggesting a possible trend reversal. Traders are now watching for a pullback to these levels to confirm the strength of the movement before another bullish impulse.
Cardano and WLFI Under Pressure in a Volatile Market
Conversely, Cardano (ADA) is going through a more difficult period. The token has recorded a decline of approximately 9.6% over the week and is now trading around $0.25. The project faces persistent criticism regarding its on-chain activity, with some analysts even calling it a “ghost chain”, which is fueling selling pressure.
The situation is even more tense for World Liberty Financial (WLFI), which has dropped 14% to reach approximately $0.098. This brutal correction was triggered by the sale of $1.74 million worth of tokens by the project team. A signal that has severely shaken investor confidence.
In the coming days, the market direction will largely depend on Bitcoin. Currently testing a demand zone between $63,000 and $65,000. If BTC rebounds, altcoins like OKB and PI could continue their rally. Conversely, a break of this support could intensify pressure on already weakened assets like ADA and WLFI.
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