The price of the PI network has achieved well this week, even as other cryptocurrencies such as Bitcoin and Cardano decrease. It remained in a narrow range since Sunday, and signs of the bottom appear. Its strong techniques, its increasing adoption, and the fact that it is made in the United States of America means that it may be soon.
The price of the PI network may recover because it is made in the United States of America
One of the potential stimuli PI price is that Made in the United States of America a currency of encryption. Donald Trump confirmed that his encryption approach will focus on the one that was created in the United States. This includes symbols such as XRP, Solana and Cardano.
However, Changpeng Zhao, the co -founder of Binance, discovered one word in Trump’s advertisement to change everything: others. In his statement, Trump said:
It is clear that BTC and ETH last The valuable cryptocurrencies will be at the heart of the reserve. “
In his statement, Note CZ Trump’s statement means that it will add distinctive symbols more valuable than more countries over time. This means that a coin is like PI can be added to these reserves Since it is made in America with the maximum market for more than $ 12 billion.
This also means that SEC may soon agree on the PI Network ETF because PI is now larger than other coins with ETF apps such as Litecoin, Hedra and Stellar.
Pi adoption cultivation
There are reports that the PI network acquires more traction worldwide. One way to consider this is the PI map, an application in its ecological system that defines all places where the PI network is accepted.
As shown below, merchants in countries such as China, South Korea, Vietnam and Nigeria began accepting the currency. It is estimated that more than 27,000 micrles accept PI now. This marries with the aim of becoming a better and applicable alternative to Bitcoin.
Pi Coin Price has strong technical techniques
Moreover, the Pi Coin Price has strong techniques that may pay its price up in the long run. The hourly graph shows that his last cling has ended when it reached $ 1.5177, which is the level of Fibonacci 61.8 %. This is a decisive price because most of the withdrawal occurs when this level strikes.
The value of PI has also formed a Sufficler fall patternAnd it has already moved over the upper side, where the two lines approached their approach. It has also formed a dual small style at $ 1.6213, while the percentage oscillator and RSI formed a climb pattern.
Therefore, the price of the PI network is likely to rise and reaches its highest level ever, which is $ 3, followed by the value of PI at $ 3.14. Less decrease than the alternative re -level by 61.8 % will void the upholstery.
Related questions (common questions)
The 3 best incentives are the price of the PI network in its increasing dependence, the upscale difference and the fall of the fall, and it is made in the currency of the United States of America.
The price of the PI is likely to rise, then it reaches the key resistance level at $ 3, followed by the value of the PI at $ 3.14.
Technologies and basics indicate a strong recovery in the short term, making it a good symbol of purchase.
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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