The price of the PI network against grains this week has gone. He remained less than one dollar even when Bitcoin wore most of Altcoins, and the maximum Crypto 3 trillion dollar market was approached. The Coin Coin code decreased by 70 % of HTD High. So, how much can you get if Upbit insert it?
The price of the PI network will become equivalent in the case of the network list
The price of the PI has decreased, as investors have been concerned about mitigation in the future and the lack of new exchange lists. PI will open more than 1.6 billion symbols this year, and other billions in the next few years, leading to more mitigation.
The market also worries that PI has not received a major exchange list since that Mainnet launch. You did not receive a Binance menu even after its users vote With an overwhelming majority to happen. Most PI trading occurs in exchanges such as HTX, OKX and Mexc.
One of the potential stimuli that will pay the price of the PI network is the highest Upbit list. Upbit is one of the largest encryption exchanges in this industry, treating more than $ 1.8 billion in size on Monday.
Upbit menu sometimes leads to more equivalent movements than other exchanges such as Coinbase and Kraken. This happens because APBIT is the biggest encryption exchange in South Korea, a country that has a very common PI. Although the numbers were not publicly published, one of the estimates is that the PI network The application had 1.4 million users In South Korea.
The last supply lists are well received by the market. For example, and The price of Orca increased by 170 % In one day after the Upbit menu.
The PI network will also feel if listed by Coinbase, a step that will make it available to US agents.
Technical analysis of the coin is an increase
While the price of the PI network was shattered, there are signs that it is preparing for a huge height soon. This is because it has slowly formed the pattern of falling the sorry shed in the past few weeks.
A wedge is a sign of reflection with a high degree of accuracy. In this case, the upper line connects the highest levels since February 8, while the lower line connects the lowest points since March 2. These lines are now close, indicating more gains, and perhaps at the highest level ever of $ 3, which is 230 % higher than the current level.
The decrease without support at 0.6120 will cancel the upholfaire and indicate more declines. This decrease is likely to lead to the lowest new level ever as investors sell panic.
Related questions (common questions)
The currency will rise by at least 230 % of the current level and reach its highest level ever.
It is unclear whether Upbit narrated the PI network. However, there are opportunities to do this due to PI popularity in South Korea.
PI formed a falling sorry style, pointing to more gains in the coming weeks.
Crespos
CRISPUS is an experienced financial analyst in CoingApe with over 12 years of experience. It focuses on Bitcoin and other altcoins, which covers the intersection of news and analysis. His visions were shown on famous platforms such as banklestimes, Coinjournal, Hypeindex, Seekingalpha, Forbes, Investingcube, Investing.com and MoneytransFers.com.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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