PI holders can be somewhat happy after Wednesday as the PI price has made 20 % and is now trading about $ 1.68.
Daily High reached $ 1.74, while Daily Low was at $ 1.40. Coin PI closed closer today to the top of the daily and is a positive sign.
The Investing.com platform offers strong technical indicators for the main encryption and based on this coin, as it suggests “buying” now on the daily time frame.
RSI 71 This means that the relative strength indicator shows the PI currency in the peak area. RSI suggests above 70 usually that the original may be due to a possible slowdown or a simple correction, although strong assets, the assets can remain in their arrest for long periods.
The final oscillator It is 51 -This multi -time momentum is currently neutral, and it sits over the mid -range point. This indicates balanced purchase and sale, which can indicate stability in the current price movement.
ROC is 6.51 – The rate of positive change shows that the price of PI Coin is gaining momentum compared to previous periods. ROC indicates from 6.51 to a decent escalation momentum in the price movement on the size of the size.
The main events that affect the PI currency
The deadline for PI users to complete the customer’s knowledge (KYC) and deport their metal currencies to Mainnet is March 14, 2025. This is the sixth anniversary of the project, which is decisive for users to avoid losing their portable scales.
There is also ongoing speculation about a potential PI List on Binance. A recent survey showed that 86 % of Binance users voted in favor of PI, but Binance has not yet issued an official announcement. Such a list can significantly affect the price of PI.
PI
Based on technical indicators and recent developments, the Pi Coin may continue its positive momentum today. Strong service indicators suggest that the currency suffers from a great purchase pressure, although traders should be careful not to withdraw in the short term as the last 20 % gain market is digested.
The approaching deadline of KYC can create an additional volatility as users rush to complete the verification. If more positive rumors appear regarding the potential Binance menu, we may see the Pi Assue Age test $ 1.74 again.
However, the reading of the neutral final oscillator indicates that traders should monitor the signs of momentum loss. The PI coin may be integrated in a range of $ 1.65-1.72 today as the market balances recent gains against profit.
The level of decisive support for viewing remains at $ 1.58, while breaking more than $ 1.75 can open the path to test the 1.80 dollar sign if the upward morale continues.
Also read: $ 1000 in PI or Solaxy (SOLX): AI chooses Altcoin with better return capabilities
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