Pi Network (PI) Recent Updates, Ripple (XRP) Price Targets, and More: Bits Recap Jan 9

The workforce behind Pi Network stays fairly lively on X, not too long ago issuing an necessary reminder to its group. Some analysts imagine Ripple’s XRP is likely to be gearing up for a worth explosion, whereas sure indicators recommend Ethereum (ETH) may expertise substantial short-term volatility.

Clarification for the PI Users

The controversial but extremely widespread crypto mission Pi Network has been round for nearly seven years, and its title has been featured in a number of X accounts. However, the bulk are unofficial and may present deceptive data for the customers (often called Pioneers).

The mission’s workforce not too long ago warned that the one official X account is the one named Pi Network (PiCoreTeam). Its consumer base is 4.2 million, surpassing the official profiles of distinguished altcoins like Ethereum and Ripple.

Prior to that, Pi Network’s workforce released its 2025 recap, highlighting developments in its ecosystem, with probably the most important milestone being the long-awaited mainnet and token launch in February.

Numerous X customers, although, criticized the mission for failing to resolve a few of the greatest points associated to the migration course of and the verification procedures. Meanwhile, PI’s worth has been on a large decline over the previous a number of months, and some analysts believe it’s “arduous to remain bullish” at this second.

What’s Next for XRP?

Ripple’s native token had a formidable begin to the 12 months, briefly surging above $2.40 on January 6. However, previously few days, the bears regained management, and it now trades at round $2.10 (per CoinGecko’s knowledge).

The analyst, utilizing the X moniker CW, not too long ago noted that the XRP reserves on the South Korean alternate Upbit had dried up in the beginning of 2026. Such a growth was noticed in 2024, shortly earlier than the asset started a serious bull run, elevating the query of whether or not historical past will repeat itself.

XRP is often among the many most talked-about matters within the sector, and its reputation was boosted additional this week after CNBC topped it “the most well liked crypto commerce of the 12 months.” The host of the Power Lunch present claimed there’s “large cash” behind this token, noting the numerous curiosity within the spot XRP ETFs.

ETH Turbulence Incoming?

The second-largest cryptocurrency additionally began 2026 on the appropriate foot and at present trades properly above $3,000. While worth volatility over the previous day hasn’t been substantial, one key indicator means that the quiet might not final for much longer.

Just hours in the past, X consumer Bryant revealed that the Bollinger Bands “are squeezing tightly.” The metric, launched by John Bollinger within the Eighties, is extensively utilized by merchants. It consists of a transferring common with higher and decrease bands, and their squeezing may precede a powerful worth transfer in both route.

For his half, Merlijn The Trader thinks the disappointing finish of 2025 for ETH is likely to be excellent news for the bulls. He reminded that the asset typically performs properly within the first and second quarters after ending the 12 months within the purple.

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