Pi Network (PI), Ripple (XRP), and Ethereum (ETH) have faced marked price drops this past week, spurred by global geopolitical issues centered on Trump’s plans for Greenland. Below, we’ll explore notable updates and price targets for these cryptocurrencies.

Recent Update on Pi Network

Earlier this week, the Pi Network’s Core Team introduced payment integration directly within the Pi App Studio. This new development facilitates non-technical users in building on their platform without the need for coding skills, though it remains in a test version.

Additionally, a feature has been launched allowing Pioneers to create app iterations by viewing ads instead of spending Pi. The team encouraged user feedback through a short survey, offering 5 Pi token credits to the first 1,000 qualified participants.

Market Movements

The news temporarily boosted the price of PI, which ultimately, reverted back to a downward trend. Currently, PI is valued at approximately $0.18, reflecting a 10% weekly decrease.

The ongoing price decline has led many users to express skepticism about Pi Network’s future. Recently, a community member suggested that the team incorporate essential features such as peer-to-peer lending and decentralized exchanges to enhance real-world usage.

Future Outlook for XRP

Ripple’s token has also seen a decline, reinforcing a bearish trend in the market. Recently, analyst Ali Martinez identified three crucial price points to monitor: resistance at $1.97 and $2, and support at $1.78. XRP is now trading at around $1.91, signaling a raised risk of dipping below $1.80.

Furthermore, the amount of XRP held on Binance is decreasing. As reported by CryptoPotato, the supply has diminished to about 5.55 billion coins. This often indicates a bullish environment since it lessens selling pressure.

Additional Points of Interest

DrBullZeus, for instance, believes XRP could emerge as a leading altcoin. The analyst has noted the development of a traditional “cup and handle” pattern that may precede a price surge to $5.

ETH Falls Below $3,000

The second-largest cryptocurrency started the year with a surge, reaching nearly $3,400 by mid-January; however, it has since experienced significant corrections, with current trading around $2,900. Analyst Kamran Asghar has observed that ETH “reacted to the OTE selling area at $3,400,” suggesting a potential decline to $2,600.

Ted echoed this sentiment, arguing that the loss of uptrend support means Ethereum could soon revisit the $2,800-$2,850 support level before initiating a recovery.