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A new wave of conflict in the Middle East spilled into Iran’s energy sector over the weekend, as Israel launched an attack on a major gas facility connected to Iran’s largest natural gas field. On Saturday, an Israeli strike hit the Phase 14 processing plant of the South Pars gas field , causing a major explosion and fire, according to the semi-official Tasnim news agency. The blast forced the shutdown of a nearby production platform. South Pars, located in the Persian Gulf, is the world’s largest gas field and is shared between Iran and Qatar. Iran uses most of its gas domestically. The strike marked a serious shift in the conflict, which began Friday when Israel carried out a series of attacks on Iran’s nuclear program. By targeting energy infrastructure, Israel has now opened a new front in the crisis. The strikes will further cripple Iran’s economy and shake the markets The recent attacks come at a time when Iran is already struggling with severe power outages. Iran has already seen widespread blackouts in recent months, hitting businesses and households. The Iran Chamber of Commerce estimates the economic cost of these outages at around $250 million a day. Though the damage may mainly impact Iran’s internal energy supply, global markets are bracing for more volatility when trading resumes after the weekend. Oil markets had already reacted strongly before this latest attack. U.S. crude prices jumped by as much as 14% on Friday, finishing near $73 per barrel. Experts warn that further attacks could deepen the threat to oil production and shipments in the region. “This is pretty significant,” said Richard Bronze, head of geopolitics at Energy Aspects Ltd. He added, “We appear to be in an escalatory cycle,” and warned that Israeli forces may continue to strike Iranian energy sites. In a separate incident, a fire also broke out at the Fajr Jam gas plant, another key processing facility in Iran. This plant handles gas from South Pars as well as the Nar and Kangan fields. Tasnim described it as one of the largest facilities of its kind in the country. Goldman Sachs analysts have already raised their short-term oil price forecasts by $2 to $3 a barrel in response to the rising tensions. They noted the potential for oil prices to spike above $100 per barrel if the situation worsens, though their base forecast still expects prices to fall below $60 by the end of the year. “The potential of further escalation in the Middle East implies that the short-term risks to our price forecast are now skewed to the upside,” Goldman analysts, including Daan Struyven, wrote in a recent note. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
The crypto market was mixed on Sunday as investors focused on the upcoming Federal Reserve interest rate decision and the ongoing crisis in the Middle East. Bitcoin was stuck above $105,000, while the market capitalization of all tokens dropped to $3.28 trillion. This article explores the top crypto forecasts of coins like Pi Network (PI), Monero (XMR), and Fartcoin (FARTCOIN). Pi Network price prediction Pi coin price chart | Source: TradingView Pi coin has come under pressure in the past few weeks as it plunged to $0.3945 on Friday, down from last month’s high of $1.6567. The token has stabilized a bit and moved to over $0.60 today, a 50% surge. Technicals point to more Pi Network gains as it has formed a triple-bottom pattern at around $0.60. A triple-bottom is made up of three distinct bottoms and a neckline, which, in this case, is at $1.6567. The token is attempting to move above the 50-period and 100-period Exponential Moving Averages (EMA). Oscillators like the MACD and the Commodity Channel Index (CCI) have all pointed upwards. Therefore, the Pi Network token price will likely keep rising as bulls target the next key resistance at $1, which is about 61% above the current level. A drop below the support at $0.3945 will invalidate the bullish Pi Network forecast. Monero price forecast XMR price chart | Source: TradingView Monero, the biggest privacy-focused coin, has crashed in the past two weeks, erasing some of the gains made earlier this year. The initial gains happened as demand for privacy tokens soared. XMR token retreated from a high of $420 to $315 today as investors booked profits. Monero has moved to the 38.2% Fibonacci Retracement level. It also remains slightly above the 50-day and 100-day EMA. Most importantly, it has formed a small double-bottom pattern at $301.05. A double-bottom pattern often leads to a strong bullish breakout. Therefore, Monero token will likely bounce back as long as it remains above the double-bottom pattern at $301. Such a move will see it rise and retest the 23.6% Fibonacci Retracement level at $353, which is about 12% above the current level. A drop below the support at $301 will invalidate the bullish Monero price forecast. Fartcoin price forecast Fartcoin chart | Source: TradingView Fartcoin, a top meme coin on the Solana network , has been one of the most actively traded tokens this year. Its recent surge saw it peak at $1.6520 in May. It then pulled back and reached a low of $0.8715, its lowest point on June 5, and then bounced back to the current $1.20. Fartcoin token remains above the 61.8% Fibonacci Retracement level and the 50-day and 100-day EMAs. The Relative Strength Index (RSI) has retreated and moved to the neutral point at 50. Therefore, the Fartcoin price will likely resume the uptrend, and potentially retest the psychological point at $1.50. A drop below the support at $0.8715 will invalidate the bullish outlook. Read more: FARTCOIN eyes 45% rebound as market sentiments shift The post Crypto price predictions: Pi Network, Monero, and Fartcoin appeared first on Invezz
As XRP and SUI face renewed downside pressure and analysts warn of a potential drop below the $2 threshold, attention is shifting toward leaner, high-upside contenders in the altcoin space. With the market recalibrating, one project is positioning itself as a standout alternative in the form of Remittix —offering sharper fundamentals, stronger use cases, and far more room to run. Here’s why. XRP price prediction: Is a drop below $2 in the works? XRP’s four-hour chart has shown a bearish reversal head-and-shoulders formation since May 9. If the XRP price fails to reclaim the neckline of $2.33, projected XRP price targets tighten around $2.25. This aligns with the 200-day SMA, and extends to $2.00. Market sentiment has cooled, with bullish momentum fading. Egrag Crypto emphasized $2.30 as must-hold support. A confirmed breakdown could escalate losses, with extended downside targets at $2.15 and potentially $1.60, should sellers take control. Volume trends and price structure point toward a weakening bid side. Unless bulls reclaim technical ground quickly—or if the spot XRP ETF comes to pass—XRP price will continue to face sell-side pressure as bearish headwinds prevail. XRP price fell as low as $2.08 in the past 24 hours. Source: TradingView SUI facing heavy selling pressure Rising Layer-1 blockchain protocol SUI rejected at the 50-day SMA ($3.55), signaling firm resistance and renewed bearish pressure. Now trading near $3.00, the $2.86 support has become a key battleground. A break below this level could expose the pair to a deeper decline toward $2.50, as sellers look to take short-term control. If bulls hold the line at $2.86 and stage a rebound, the price may retest the moving averages. A failure to break above them would only strengthen bearish momentum, raising the odds of another test—and possible breach—of support. Market pressure is rising. The next move will likely define short-term direction. SUI hovers around the key psychological level of $3. Source: TradingView Remittix offers greater upside than XRP and SUI SUI and XRP may face stiff bearish headwinds moving forward—but the smart money is already on the next blue chip in the form of Remittix (RTX). Positioned to revolutionize the $190T cross-border payments industry, Remittix offers seamless crypto-to-fiat transfers without the friction or hidden fees typical of legacy platforms. Its architecture is tailored for both consumers and businesses, offering real-time settlement, staking rewards, and governance participation through its native RTX token. With over $15.7 million raised in presale funding, institutional and retail interest is already signaling strong forward momentum. What sets Remittix apart is scale. While SUI operates within niche verticals, RTX targets a global payments market—broad, essential, and underserved. Its platform aims to serve freelancers, enterprises, and remittance corridors with equal efficiency. With a 2025 price forecast of up to a 600% run in 2025, Remittix offers both utility and asymmetric upside, positioning it as a standout asset in the next market cycle. This isn’t just another token—it’s infrastructure, designed to last. The final word While SUI and HYPE are showing strong growth and market interest in 2025, Remittix presents the best opportunity for investment. Its innovative approach to crypto payments and its growing ecosystem position it for greater success in the coming years. Backed by over $15.7 million in funding thus far, Remittix is one of the few emerging assets with genuine institutional alignment and scalable upside. Discover the future of PayFi with Remittix by checking out their presale here: Website : https://remittix.io/ Socials: https://linktr.ee/remittix
Bitcoin is currently testing a crucial support level near $104,124, a significant on-chain cluster that could determine the next major price movement. Analysts warn that if this support fails, Bitcoin
The post Can Pi Network Price Hit $10? appeared first on Coinpedia Fintech News The Pi Network community is facing tough times as the price of its native token recently dropped below $0.50, even touching $0.40. This sudden fall created panic among holders, with many unsure whether to sell or wait for a possible recovery. However, the price has now bounced back, gaining 6% in the last 24 hours. Pi Coin is now trading at $0.61. The price dip comes after weeks of little progress from the Pi Core Team. Despite earlier promises of major upgrades and ecosystem development, no significant updates have been delivered. This has frustrated investors and caused the token’s price to stagnate. Can Pi Price Hit $10? Even though Pi Network’s price recently fell below $1, many in the community still believe it could reach $10 one day. Pi Network already has over 70 million registered users (called Pioneers). This is a big number for any cryptocurrency. If even a small part of this community starts using Pi for daily payments, online shopping, or services within the Pi ecosystem, demand for the token could increase — and when demand rises, prices often follow. Right now, most of the mined Pi tokens are still locked or waiting for migration. This means there aren’t many tokens freely available for trading. If the supply remains limited while demand increases through new apps or business partnerships, the price could naturally climb higher over time. Analyst Dr Altcoin said, “For Pi to be practical within the Pi Ecosystem, its price would need to reach at least $10.” Geopolitical Factors Add Pressure Part of the recent crypto market decline can also be linked to growing geopolitical tensions, particularly the conflict between Israel and Iran. The escalating situation, which has included military strikes and leadership losses, has injected uncertainty across global markets, including crypto. Like other altcoins, Pi followed the broader market trend — but some community members have criticized the token for mirroring negative movements without benefiting from bullish ones.
Bitcoin’s momentum shows signs of weakening as its Advanced Sentiment Index falls below neutral amid a $4.1 billion drop in Open Interest. Despite a recent price recovery, key indicators like
A landmark crypto bill has cleared pivotal House committees, setting the stage for sweeping regulatory clarity, jurisdictional certainty, and a surge in U.S.-based blockchain innovation. Crypto Bill Clears Key House Hurdles—CLARITY Act Redefines Market Boundaries U.S. House Financial Services Committee Chairman French Hill and House Agriculture Committee Chairman GT Thompson jointly announced on June 13
Trump Media & Technology Group has secured SEC approval for a groundbreaking $2.3 billion Bitcoin treasury deal, marking a significant milestone in corporate cryptocurrency adoption. This strategic move positions the
Momentum weakens as Bitcoin's Advanced Sentiment drops amid a $4.1 billion decline in Open Interest.