- Topic1/3
39k Popularity
41k Popularity
43k Popularity
53k Popularity
22k Popularity
- Pin
- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
#PI# PI network price prediction: The slight recovery of PI suggests a possible market turning point in the future:
The PI network is gradually recovering, slowly bouncing back from last week's 12% decline.
The new version of the PI node aims to improve the node initialization process.
Technical indicators show a bullish bias as PI is about to break through the Adam and Eve pattern on the 4-hour chart.
PI ( PI ) rose during Thursday's trading session, marking the third consecutive day of trading in the green zone. This rebound may be due to the release of the new version of the PI node, while the technical outlook indicates the possibility of further gains through a bullish pattern breakout.
PI nodes are still concentrated in the new version release.
PI nodes are devices connected to the PI network, aimed at contributing to its decentralization, security, and transaction validation. On Thursday, version 0.5.3 of the PI node was released, focusing on improving the reliability of node initialization.
The PI scanning data shows that on Thursday there were 99 active nodes in the network, with South Korea leading with 23 connected nodes. However, the PI network lags in decentralization, with only 10 validators and 792 known peers.
The PI network is aiming for further growth as it approaches a market turning point.
PI saw a slight increase during Thursday's press release, gradually approaching the psychological barrier of $0.50. The rebound of PI exceeded the resistance level of $0.4734, which is the neckline of the Adam and Eve pattern, as shown in the 4-hour chart below.
Typically, the Adam and Eve formation indicates a bullish reversal after a prolonged downtrend. If the daily closing price breaks above the $0.4734 level, it will release the bullish momentum trapped within the formation.
The potential upward trend of the PI network may target the level of $0.5015, which was last tested on July 3.
The technical indicators on the 4-hour chart show a surge in bullish momentum, as the moving average convergence/divergence ( MACD ) indicator displays a series of green bars above the zero line.
In addition, the Relative Strength Index ( RSI ) reading is 62, gradually approaching the overbought zone. Observing investors must remain cautious, as indicators in the 4-hour chart may experience a significant market turning point.
On the downside, the reversal of PI from the resistance level of $0.4734 may lead to a retest of the $0.4523 level, which is marked by the low point on July 7.
#PI#