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Cryptocurrency News Articles

As traders search for breakout opportunities, two well-known altcoins are showing renewed activity.

May 09, 2025 at 02:30 am

Pi Network is signaling early bullish momentum after months of decline, while Cardano continues to consolidate near $0.70

As traders search for breakout opportunities, two well-known altcoins are showing renewed activity.

Two well-known altcoins are showing renewed activity as traders search for breakout opportunities. Pi Network is signaling early bullish momentum after months of decline, while Cardano continues to consolidate near the $0.70 support with strong accumulation and developer activity. Both assets are being watched for potential upside, but neither currently offers the kind of traction already visible in Dragoin (DDGN).

Now in stage 2, Dragoin has increased its token price to $0.0000335. The presale is still building steam, projecting a 6,700% ROI before the launch price of $0.002 is reached. With a live game already gaining massive traction, Dragoin is stepping into the breakout crypto spotlight, not just with hype, but with delivery.

Pi Coin Shows Early Bullish Momentum

After a decline from a high of $1.69 to a low of $0.57, Pi Coin has begun forming what technical analysts view as a potential bullish base. The price has narrowed into a tighter range between $0.55 and $0.73, signaling market indecision. However, indicators like MACD and RSI have started to shift. The 12-day EMA has crossed above the 26-day EMA, typically an early bullish sign.

Momentum indicators such as the Money Flow Index also suggest rising accumulation, particularly among mid-sized wallets. Social sentiment has begun stabilizing after a volatile April, further supporting the possibility of a near-term reversal. Analysts stress that confirmation is still needed, but the convergence of technical signals is drawing attention to Pi as a possible short-term mover.

Cardano Holds $0.70 Support As Accumulation Rises

Cardano (ADA) maintained consolidation near the $0.70 support level, following a breakout from the $0.60 range earlier this month. While trading volumes remain subdued, a surge in developer activity and historical accumulation patterns are reinforcing ADA’s long-term potential. Cardano has now surpassed Ethereum in core GitHub commits, recording over 21,000 in the past year.

Market data shows $379 million in ADA was accumulated over seven consecutive weeks, a number that significantly exceeds historical cycles. This level of buyer interest represents a growing vote of confidence in Cardano’s fundamentals, despite mixed short-term price momentum. Whether this translates into a breakout depends on renewed usage and network adoption but the technical structure is giving analysts reason to keep watch.

Dragoin’s Presale Brings The Fun In Crypto

Unlike Pi and Cardano, which are showing technical recovery or waiting for usage to catch up to development, Dragoin is already delivering. Its stage 2 presale price of $0.0000335 has rewarded early supporters and still attracts new participants with a target launch price of $

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Other articles published on May 09, 2025