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Markets

Network PI (PI) rises by 20 %, indicating up to upward indicators of more than $ 0.75

  • The price of the PI (PI) increases by 20.20 % in 24 hours, and reaches $ 0.7265.
  • The maximum market reaches $ 4.98 billion with 212.80 % growth.

PI (PI) has a daily profit daily 20.20 % per day, to rise To $ 0.7265. The maximum market increased by 20.50 %, reaching 4.98 billion dollars, as the daily trading volume increased by 212.80 % to 497.1 million dollars.

The maximum rate of the market, which is 9.9 % now, confirms the aggressive interest from merchants. Despite the covered offer of 100 billion PI, only 6.86 billion is currently distributed, giving PI a fully diluted rating (FDV) of $ 73.12 billion.

Will PI feel more?

On the four -hour graph, unlike PI, the previous lower direction, which led to a short -term momentum. The resistance stands near $ 0.75, while support maintains a ruling of about $ 0.65. A continuous break over the resistance can pay the PI about $ 0.82.

If the support fails, the price may be re -testing a 0.60 dollar sign. However, the current momentum prefers the upward trend. The Relative Power Index (RSI) rose to 71.29, and the entry of the peak area.

This shift indicates strong upward pressure. Meanwhile, the average RSI 14-period routes in 57.32, reflecting the trend of height with an increase in the purchase strength. If the relative power index remains high, the estimation of the price becomes.

Read Chaikin Money Flow (CMF) -0.04, a little negative But near the neutral threshold. This number indicates a limited distribution pressure despite the high size. If the CMF is positive, it may confirm a wider accumulation by the market participants.

In addition, the price movement now sits comfortably over both moving averages, confirming the short -term strength. If the size persists, the bulls may challenge higher resistance levels with condemnation. However, sharp decline processes are still possible due to RSI conditions.

Technically, the reversal shape of April decreased is a higher low structure, in line with the broader recovery signs across Altcoins. As long as the PI exceeds the subsidy area of ​​$ 0.65, feelings should remain positive. The collapse of more than $ 0.75 may verify the upscale capabilities, while failure to obtain support may lead to short -term weakness.

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