Cryptos You Must Not Ignore This Week: Bonk, Aptos, Pi Network – An Intriguing Tale!

by

Ah, the ever-so-charming world of cryptocurrency. The market is currently in one of those phases where it can’t decide if it’s on a summer holiday or just taking a nap. Bitcoin is still dawdling just below its all-time high, like a child refusing to leave the candy store. But fret not, darlings, the key events this week are sure to shake things up—mark your calendars for the Federal Reserve minutes and Trump’s tariff deadline on July 9. We can practically hear the crypto world holding its breath. Some of the dazzling stars you’ll want to keep an eye on are Bonk (BONK), Aptos (APT), and Pi Network (PI).

Bonk

Bonk, the crypto world’s equivalent of a celebrity meme, is currently basking in the limelight. Having surged for a whole five days (is it a miracle or just really good coffee?), it’s now hovering at its highest level since May 23. 🧐

It’s managed to breeze past the 23.6% Fibonacci Retracement level (you know, just casually showing off), and now it’s eyeing the big resistance at $0.000025. And don’t get us started on the moving averages – Bonk’s clearly been hitting the gym, showing off those stronger-than-ever technicals. 🏋️

With the Relative Strength Index and MACD indicators firmly on the rise, Bonk’s got its eyes on the next prize: the 50% retracement at $0.00003453. Who knew meme coins could be this captivating? 💰

Aptos

And now, onto Aptos, a “top” layer-1 network, though some might say its star is fading, much like that one cousin who talks about his “business ventures” at every family gathering. With a token unlock worth $50 million (which might just be a little too much for some to handle), Aptos is the talk of the town. But don’t get too excited—cryptos usually do a little stumble after token unlocks. 📉

Once high and mighty at $15.28 in November, it’s now sitting at a humble $4.48. It’s like that artist who peaked early and now… well, they’re trying their best. Aptos is currently locked in a descending channel and looks like it might continue its downward journey unless some divine intervention happens. Watch that $3.82 level closely; it might just be the low point for the year. 🙄

Pi Network

Now, onto Pi Network – oh, how we love this one. It’s the token that’s holding on for dear life at a crucial support level. After crashing down to $0.46 (cue the dramatic gasp), it’s now hovering like a person on the edge of a cliff, wondering if the parachute will open. 🤔

What’s the deal with this crash? It seems to coincide with a Bollinger Band squeeze (whatever that means, right?). But what’s fascinating is that if Pi Network can manage to cling onto that $0.46 support, there’s a chance it might just rebound like a catapult—perhaps even testing that sweet $1 resistance. Here’s hoping it doesn’t trip on its own feet in the process. 🎯

Read More

2025-07-06 22:10