- The price of the PI (PI) increased by 2.05 % to $ 0.7716, and its climax was at $ 0.8068 before stability.
- The market ceiling rose to 5.58 billion dollars, while trading volume decreased by 31.84 % to 167.98 USD
The PI (PI) has increased by 2.05 % over the past 24 hours, as it was traded at $ 0.7716 at the time of the press. Distinguished symbol Tighten The highest local level of $ 0.8068 before facing the resistance. Thanks to the trading offer of 7.24 billion PI, the project value of the project is now $ 5.58 billion, which reflects a daily increase of 1.96 %.
However, trading volume decreased by 31.84 % to 167.98 million dollars, which reduces the maximum rate of market to 3.03 %, which indicates a cautious trading environment. Despite the low size, the price movement is still flexible. The current level finds the distinctive swinging symbol between the main technical areas.
The outbreak of PI or just monotheism?
Based on the price scheme, the resistance was formed near $ 0.8068. A crucial step above this can pave the way for about $ 0.84. On the contrary, the closest support lies about $ 0.76, and failure to keep it may pull the price towards a $ 0.74 region.
Animated intermediates provide mixed signals. The EMA rate is currently $ 9.7698, and slightly lags behind EMA 21 in the period 21 at 0.7995 dollars. The intersection suggests a short -term declining bias, however the price hovers near these levels, which allows possible uniformity before moving directional. More importantly, if the PI is broken both moving averages with the support of the size, the upper trend may be re -established.
The RSI is located at 46.57, less than the 50 neutral sign, while its average moving in the period 14 48.06. This alignment indicates weak momentum, but it avoids the sales lands. If it is RSI Climbing Above 50, the bullish momentum can return quickly. Current sites mean that the market does not decline with a slight tilt towards accumulation.
Size analysis also reflects a recent decrease in bullish condemnation. However, large green candles on May 21 and 22nd offer a set of positive feelings. If the upcoming sessions see their volume in addition to price recovery, this may have a new gathering.
The flow of Chaikin (CMF), which is drawn from stable size and neutral RSI spacing, appears to be without direction. Traders should monitor the high level of sound, or RSI violation above 50, or a clean medium -moving cross cross, which can serve as confirmation of the next main movement.
The encryption news was highlighted today
UK encryption users face tougher bases with the growth of KYC concerns
Involve
