Crypto Markets See Mixed Fortunes as Pi Network and Cardano Struggle

The Pi Network price continues to recover, trading above $0.097 after two consecutive weeks of gains. The ecosystem development and improved developer tools are supporting this recovery. However, technical indicators suggest a tentative recovery, but overhead Exponential Moving Averages (EMAs) remain a challenge.

Cardano is hovering around the key support zone of $0.200, after falling more than 8% in the previous week. Mixed derivatives metrics continue to limit bullish momentum, while the technical outlook suggests that recovery attempts remain vulnerable to selling pressure at higher levels for ADA.

Bitcoin price trades at $77,643 on Monday after declining nearly 5% in the previous week. BTC retains a bullish near-term bias as price holds well above several key EMAs, keeping the broader uptrend supported.