Pi Network is edging higher on Tuesday, holding in a narrow band between support at its 50-day Exponential Moving Average near $0.0940 and a stubborn resistance wall at $0.0971 that has capped the token for almost two months.
Futures Positioning Signals Growing Confidence
Derivatives data on PI point to a steady build-up in positions rather than a burst of speculative activity. According to CoinAnk, open interest in PI futures has climbed to $9.60 million, up from $9.20 million a day earlier. That increase means traders are opening fresh contracts and putting more notional value at risk, a sign that retail demand for the token remains firm even as price gains stay modest. Rising open interest alongside a steady price is typically read by chart watchers as healthy accumulation rather than a crowded, over-leveraged trade.
Ecosystem Upgrades Keep the Optimism Alive
Beyond the charts, a string of recent product moves is feeding the near-term bullish case. Pi Network has rolled out new Solohost applications, struck a partnership with Robopay, brought back the OpenPay Cash-in feature, and added fresh functionality aimed at developers building on the network. Each of these steps is designed to widen how the token can actually be used and to give builders more reasons to stay active on the platform, which in turn supports the argument that current demand is not purely speculative but tied to real utility.
Where the Charts Stand
At press time on Tuesday, PI was changing hands above $0.0950, still capped beneath the 78.6% Fibonacci retracement of the decline from $0.1341 to $0.0703, a level that lines up with the $0.0971 resistance. That ceiling has held since mid-July, turning into what chart watchers describe as a crucial sell wall. On the support side, PI remains above its 50-day EMA at $0.0940, which offers some short-term underpinning, but the heavier moving averages overhead, the 100-day EMA near $0.1064 and the 200-day EMA near $0.1439, keep the broader trend capped for now. The Relative Strength Index on the daily chart sits near 58, sloping upward above the midline, a reading that points to improving, though not yet extreme, buying momentum. A confirmed close above $0.0971 would open the door to a test of the 100-day EMA at $0.1063, and beyond that, the 78.6% Fibonacci retracement level at $0.1168.
Other Coins Traders Are Watching
Elsewhere in the market, Shiba Inu has stalled just above $0.00000500 after two straight bullish months, with upside momentum easing. Rising supply on exchanges is stoking concern about profit-taking even though token burns have continued at a steady pace. Dogecoin, meanwhile, is holding a modest bullish bias above the key support zone near $0.090, though it remains capped below its 200-day EMA around $0.094; on-chain data shows certain whale wallets adding to their DOGE holdings, and strengthening derivatives metrics point to a possible rally ahead. Ripple and Stellar are both holding above their key support zones, with positive funding rates and rising long positions among XRP and XLM traders pointing to a bullish tilt in the derivatives market.
Current data on XRP shows the token trading near $1.43, up 2.22% from the previous close of $1.40, within its 52-week range of $0.9884 to $2.41 and on volume running at 0.54 times its 20-day average. The 14-day RSI stands at 61 and the ADX at 43, both consistent with a trend that is gaining strength. XRP is trading above its 20-day EMA of $1.36 and its 50-day EMA of $1.26, though it sits just under the 200-day EMA near $1.39. The MACD line at 0.06 is running just below its signal line at 0.07, leaving a slightly negative histogram even as the broader structure stays constructive. The 20,2 Bollinger Bands span $1.30 to $1.52 with a midpoint of $1.41, and the Average True Range of $0.07 gives a sense of the daily swings traders should expect. Near-term levels to watch are a pivot at $1.42, resistance at $1.45 and $1.48, and support at $1.39 and $1.36, with broader 20-day support and resistance at roughly $1.09 and $1.68.
