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Cardano, Ripple & Pi Network – Asian Wrap 06 August

cryptonews100_tggfrn by cryptonews100_tggfrn
August 6, 2026
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Cardano extends losses under $0.1900 at press time on Thursday, after the $0.2000 psychological barrier capped its current restoration. Nonetheless, ADA holds a gentle bullish bias within the close to time period, as value stays above the 50-day EMA at $0.1766 however effectively under the 200-day EMA at $0.2627, indicating that the broader development stays challenged. Momentum backs this upside tilt, with the RSI holding round 62 because it reverses from the overbought boundary, whereas the MACD, in optimistic territory, stays above the sign line, suggesting consumers retain management.

XRP value trades at $1.04 on Thursday, holding in a bearish near-term construction with value lodged under the 50-day, 100-day and 200-day Exponential Shifting Averages (EMAs) at $1.11, $1.19 and $1.38 respectively. The Relative Power Index (RSI) hovers round 39, pointing to lingering draw back stress. On the similar time, the Shifting Common Convergence Divergence (MACD) stays marginally destructive, hinting that rallies are more likely to be bought whereas these overhead EMAs proceed to cap the pair.

Pi Network exhibits a gentle near-term bullish bias because it assessments the bullish breakout of the overhead descending trendline close to $0.0900. On the time of writing, PI trades above $0.0900 on Thursday, sustaining the ten% rebound beneficial properties from the day gone by. The RSI has recovered towards 55, indicating diminished draw back stress, whereas the MACD rises with its sign line, hinting that current shopping for stress is making an attempt to problem the prevailing downtrend.



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