Market participants are watching developments around Pi Network and Litecoin this week. Pi Network has traded in a narrow range after a recent pullback, while Litecoin traders are monitoring the SECās pending decision on a proposed spot ETF.Ā
Meanwhile, Remittix (RTX), a PayFi-themed token project, has also drawn attention in parts of the market. The sections below summarize recent price levels and commonly cited narratives, which remain uncertain and can change quickly.
Pi Network Price Update: Signs of Stabilization
Pi Network is currently trading at $0.2746. Some traders have pointed to reports that OKX restricted Pi withdrawals, which can contribute to uncertainty when access to funds is limited. The reasons for such restrictions are not always clear and may relate to platform controls or technical matters.
In technical commentary, the Relative Strength Index (RSI) moving up from lower levels is sometimes interpreted as easing selling pressure. Some chart watchers also track the Moving Average Convergence Divergence (MACD) for potential shifts in momentum, though these indicators are not predictive on their own. A commonly cited resistance area is around $0.3220; a move below $0.2565 would be viewed by some traders as increasing downside risk toward $0.20.
Analysts remain divided, and any price outlook depends on uncertain factors such as exchange activity, liquidity, and broader market conditions.
Litecoin Price Update: ETF Decision in Focus
Litecoin is currently priced at $110. Some technical analysts have described a head-and-shoulders pattern on daily charts, with the head near $134 and shoulders around $121.35.Ā
The neckline is often cited near $107, which the price has recently retested. LTC trading below its 50-day weighted moving average is viewed by some traders as a bearish signal. If support does not hold, market participants may look to lower levels such as $90, though outcomes are uncertain.
One widely watched catalyst is the upcoming SEC decision on the Canary LTC ETF. Polymarket odds have indicated a high likelihood of approval, but such probabilities are market-based estimates and are not confirmations. Analysts also note that prices can react unpredictably around major news events.
Remittix: A PayFi Project Being Discussed
While Pi Network and Litecoin face separate technical and regulatory uncertainties, Remittix (RTX) has been cited in market discussions about payment-focused crypto use cases. According to the projectās materials, it has raised over $26.9 million, sold more than 673 million tokens, and has been priced around $0.1130. These figures are project-reported and can change.
Project claims commonly cited by supporters include:
- An audit or security review referenced in connection with CertiK (details should be verified in the projectās documentation).
- A wallet beta that the project says is available for testing.
- Crypto-to-bank transfer functionality in multiple countries, as described by the project.
- Support for multiple cryptoassets and fiat currencies, per project statements.
- Marketing incentives described by the project, including a referral program.
As with any early-stage token project, practical usage, liquidity, security, and regulatory considerations can materially affect outcomes.
Conclusion
Pi Network and Litecoin are being evaluated by traders through different lenses, including exchange-related developments, chart patterns, and the outcome of pending regulatory decisions. Remittix is also being discussed in connection with payment-focused narratives, but its claims and disclosures should be reviewed directly and independently.
Project links (for reference):
Website: https://remittix.io/Ā
Socials: https://linktr.ee/remittix
Promotion link (as described by the project): https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.