Altcoins PI, ONDO, NEAR Gain Post Iran-Israel Ceasefire

Following the ceasefire between Iran and Israel, market tensions have eased, leading to a rebound in crypto sentiment. Major assets such as XRP and SOL have already seen quick rebounds, shifting attention to altcoins that might follow this path. Some projects show strong technical signs, while others reveal early recovery after significant drops. Three altcoins—PI, ONDO, and NEAR—could deliver the next round of gains.

Pi Network (PI) posted solid gains this past week, climbing 11.19% to trade between $0.45 and $0.58. This rise contrasts with recent losses, as PI fell 21.76% over the past month and 12.29% over six months. These moves indicate high volatility but also short-term strength. Technical indicators suggest caution, with the RSI at 70.97 and the Stochastic Oscillator at 76.72, both indicating possible overbought conditions. PI currently trades under the 10-day SMA of $0.59, hinting at short-term weakness.

Ondo Finance (ONDO) trades between $0.58 and $0.80 after a 4% weekly gain. Despite this, ONDO still trails recent highs, having dropped nearly 19% over the past month and 47% over six months. The neutral RSI of 52 suggests no strong buying or selling pressure. The 10-day and 100-day SMAs are close, signaling trend alignment. The MACD sits positive at 0.0061, hinting at possible upward movement. The first resistance lies at $0.93, about 16% higher than the current range, with support resting at $0.49.

NEAR Protocol (NEAR) has been trading between $1.67 and $2.25 after a slight 0.50% gain this week. Long-term numbers look grim, with NEAR falling by 23.08% over the past month and 57.66% over six months. Despite this, there are signs of hope. The RSI is at 47.71, showing balanced momentum. The Stochastic Oscillator, at 16.62, suggests the token may be ready for a rebound. The MACD reads positive at 0.008, adding to this potential. NEAR’s price sits under the 10-day SMA of $2.17 but above the 100-day SMA of $2.03, indicating a possible trend shift.

PI, ONDO, and NEAR all show signs of renewed interest following the ceasefire. PI leads with a recent rally but may correct soon. ONDO looks more stable with modest gains and neutral indicators. NEAR has the most upside if it breaks resistance.