According to the 15-minute chart, a fundamental indicator, the MACD Golden Cross has been triggered, and the RSI has reached oversold levels at 06/09/2025 13:00. This suggests that the stock price is poised to continue its upward momentum, having declined rapidly and fallen below its fundamental support level.
Cryptocurrency prices retreated last week as investors locked profits, with Bitcoin (BTC) and most altcoins likely to react to the upcoming U.S. consumer inflation data. The Federal Reserve's next action will depend on the inflation figure, potentially leading to interest rate cuts. Three notable cryptocurrencies to watch this week are Flare (FLR), Aptos (APT), and Pi Network (PI).
Flare (FLR)
Flare, a fast-growing layer-1 network, will be in the spotlight this week as it unlocks tokens worth over $35 million on Monday. Its ecosystem is experiencing strong growth, with the total value locked at $188 million, up from $51 million in January. The daily chart shows that the FLR token has pulled back in the past few weeks, forming a falling wedge, a bullish reversal sign. Therefore, it is likely to have a bullish breakout, with the target being at $0.0220 [1].
Aptos (APT)
Aptos, a top layer-1 blockchain network, will be in focus this week as it unlocks tokens worth $53 million, equivalent to 1.8% of its float. The market cap of all stablecoins in the network has jumped to a record high of $1.32 billion. The APT token has been in a strong downtrend in the past few days, forming a descending channel. It has moved below the 50-day Exponential Moving Average (EMA), while the MACD and the Relative Strength Index (RSI) have moved downwards. Aptos token is likely to remain in this range and possibly bounce back to the upper side of the range at $6. A drop below the lower side of the channel will point to further downside to $3.5 [1].
Pi Network (PI)
The Pi Network token will be watched this week for two reasons. First, the network will continue unlocking over 68 million tokens this week, increasing the number in circulation. Second, the token has formed a slanted triple-bottom pattern and a bullish divergence pattern on the eight-hour chart. These patterns are often followed by a bullish breakout, which may happen this week [1].
In the stock market, Par Pacific Holdings, Inc. (PARR) and Contango ORE, Inc. (CTGO) have both experienced significant technical events. Par Pacific Holdings, Inc. (PARR) recently experienced a "golden cross" event, where its 50-day simple moving average broke out above its 200-day simple moving average. This indicates a potential bullish breakout. The company has rallied 20.1% over the past four weeks and is currently a #3 (Hold) on the Zacks Rank [2]. Contango ORE, Inc. (CTGO) also reached a significant support level and experienced a golden cross, with its 50-day simple moving average breaking out above its 200-day moving average. This suggests a potential bullish breakout, with the company currently a #1 (Strong Buy) on the Zacks Rank [3].
Bitcoin (BTC)
Bitcoin is once again flashing a historically bullish signal, a golden cross, as traders eye the $150,000 mark. Currently trading at $105,597 with a daily volume of over $35 billion, BTC has pulled back slightly after its latest golden cross. This setup occurs when the 50-day moving average crosses above the 200-day average, typically viewed as the start of a long-term uptrend. According to Chain Mind, a widely followed crypto analyst, the recent 8% decline post-cross mirrors what happened in late 2024, where Bitcoin dropped 10% right after the golden cross and then rallied over 60% in the following two months [4].
References:
[1] https://crypto.news/top-cryptocurrencies-to-watch-this-week-flare-aptos-pi-network/
[2] https://www.nasdaq.com/articles/should-you-buy-par-petroleum-parr-after-golden-cross
[3] https://www.nasdaq.com/articles/contango-ore-inc-ctgo-just-flashed-golden-cross-signal-do-you-buy
[4] https://cryptonews.com/news/bitcoin-price-prediction-golden-cross-pattern-targets-150000-rally/
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