Pi Network Trades Above $0.082 as Mandatory Protocol 26 Upgrade Timeline Fuels Recovery Hopes Pi Network token PI bounced above $0.082 following the announcement of its Protocol 26 Mainnet upgrade deadline, while Ethereum and major altcoins held firm after the Federal Reserve kept benchmark interest rates unchanged. Pi Network (PI) extended its trading recovery on Thursday, stabilizing above the $0.082 mark after defending a key technical demand area earlier in the week. Market sentiment around the token received a boost following an announcement by the Pi Core Team detailing the roadmap for the Protocol 26 Mainnet upgrade. The update sets an explicit and mandatory migration deadline of August 11 for network participants. Coupled with a subtle decline in overall selling momentum across technical indicators, market participants are eyeing potential upside stabilization in the near term. Mainnet Migration Milestones: Protocol 26 and Protocol 27 According to updates released by the Pi Core Team, the implementation of Protocol 26 marks a decisive operational milestone leading directly into the final planned upgrade, Protocol 27. The development team has successfully completed 8 systematic upgrades over recent months. These concluding two protocol enhancements are designed to align the network with state-of-the-art blockchain architecture, improved execution capabilities, and expanded ecosystem functionality. In immediate market terms, the mainnet upgrade roadmap has delivered steady support to token valuation. PI advanced by more than 4% on Wednesday and maintained its position firmly above $0.082 during Thursday's trading session. Investors and community members are paying close attention to the August 11 migration cutoff, which serves as a prerequisite for full mainnet capability. Technical Structure: Key EMAs, Support, and Resistance Boundaries Despite recent gains, the broader technical layout for PI retains a cautious tone as price action continues to sit below significant trend-defining moving averages. The token is priced at $0.082 on Thursday, well under its 50-day Exponential Moving Average (EMA) at $0.104, 100-day EMA at $0.125, and 200-day EMA at $0.165. The previous downtrend resistance line, which was breached around $0.096, currently acts as the first overhead hurdle for bullish recovery attempts. Technical indicators provide nuanced signals: the Relative Strength Index (RSI) sits near 37, pointing to weak yet stabilizing buying pressure. Meanwhile, the Moving Average Convergence Divergence (MACD) line has turned slightly positive, indicating modest easing of downside momentum rather than a definitive structural trend reversal. To the upside, primary resistance is located at the former trendline break near $0.096, followed by the 50-day EMA at $0.104 and a horizontal barrier at $0.118. Further up, the 100-day EMA ($0.125) and 200-day EMA ($0.165) represent heavy overhead supply zones. On the downside, the key support floor to monitor is positioned at $0.075. A sustained closing breakdown beneath $0.075 could expose the asset to deeper losses, whereas holding above this floor keeps PI in a range-bound consolidation phase below the moving average cluster. Altcoin Overview: Ripple (XRP) and Stellar (XLM) Technical Levels Across the broader altcoin sector, Ripple (XRP) and Stellar (XLM) are navigating crucial chart support regions. XRP has held above the psychological $1.00 handle, trading near $1.07 on Thursday with a 52-week boundaries ranging from $1.01 to $2.41. Technical readings show an RSI(14) of 44, an EMA50 of $1.13, and an EMA200 of $1.46, maintaining a long-term death cross structure on daily charts. Stellar (XLM) continues to test support near $0.173. Derivatives market signals present a mixed picture, leaving immediate price direction uncertain for both assets. Data from CoinGlass shows the long-to-short ratio for XRP standing at 1.02 on Thursday, reflecting neutral positioning among active derivatives traders. Robinhood Delivers Record Q2 Financial Results In financial platform news, Robinhood reported record revenue for the second quarter of the year. According to earnings results published on Wednesday, total net revenue expanded 32% year-over-year to hit $1.31 billion. The revenue expansion was propelled by robust trading activity across equity products, options contracts, and event-based prediction contracts, demonstrating sustained engagement among retail market participants. Federal Reserve Interest Rate Decision Spurs Ethereum Advance On the macroeconomic front, the Federal Reserve concluded its July FOMC meeting on Wednesday by opting to keep its benchmark interest rate unchanged in the range of 3.50% to 3.75%, matching consensus expectations. Meeting minutes noted that economic activity expanded at a firm pace despite ongoing global uncertainty, with employment gains keeping speed with labor force growth. Following the central bank's policy decision, Ethereum (ETH) climbed back above the $1,900 threshold on Wednesday. Analysts at CryptoQuant noted that spot and derivatives trading volumes for the premier altcoin had remained range-bound ahead of the announcement as institutional and retail traders awaited official guidance from the Federal Reserve. What this means for you For Crypto Investors: Pi Network holders must complete the mandatory migration by August 11 to retain full access to mainnet features. For Broader Markets: The Federal Reserve holding interest rates at 3.50%-3.75% provides a stable liquidity backdrop for crypto assets like Ethereum and XRP. Questions & Answers 1. Why is the August 11 migration deadline critical for Pi Network users? The Pi Core Team mandated the August 11 deadline as part of the Protocol 26 Mainnet upgrade to prepare the network for its final Protocol 27 release. 2. What are the primary support and resistance levels for PI price? PI has key support at the $0.075 horizontal floor, while immediate resistance stands at $0.096 and the 50-day EMA at $0.104. 3. How did the Federal Reserve's rate decision affect Ethereum? Following the Fed's decision to hold benchmark interest rates at 3.50%-3.75%, Ethereum climbed back above $1,900 on Wednesday. 4. What were Robinhood's Q2 earnings results? Robinhood reported a record Q2 total net revenue of $1.31 billion, marking a 32% year-over-year growth. 5. What is the technical outlook for Ripple (XRP)? XRP has stabilized above the $1.00 support level at $1.07, with derivatives showing a neutral long-to-short ratio of 1.02. https://trendkia.com/en/crypto/pi-network-men-0-082-ke-upara-rikavari-ka-snketa-mainnet-apagreda-ki-ghoshana-se-kripto-bajara-men-dikhi-halachala-12097 TrendKia — Har trend, sabse pehle.