Litecoin (LTC) is stabilizing at around $85 at the time of writing on Thursday, having recovered 6% so far this week. On-chain data indicate early bearish signals for LTC as holders’ profit-taking activity reaches a three-month high and dormant wallets’ activity increases, signaling growing selling pressure. Additionally, a specific whale has offloaded 340,000 LTC tokens, signaling a bearish outlook for its price.
Pi Network softens marginally at press time on Thursday following the 16% jump the previous day. The recent buzz aligns with the Pi Network team’s teasing of generative AI integration, as reported by FXStreet. Amid the uptrend, Pi Network surpasses a critical resistance level formed by peaks on May 22 and June 14. Adding to this, a converging support trendline extrapolated over May 17, May 31, and June 17 completed a falling wedge pattern.
Ethereum (ETH) is down 1% over the past 24…
