The price of the PI (PI) is a free decrease, as it has decreased more than 20 % in the past 24 hours, with a decrease in its value to less than $ 0.90 on OKX. Once you lose the Pi Coin Steain project, you lose Steam Steam, as it has decreased from the last levels of more than $ 3.00, letting investors scramble for answers. So, beyond this sudden accident, and can Pi recover?
Why is the PI network disrupted?
The continuous low prices of the PI network can be due to uncertainty, the pressure pressure and the weakness of the broader market. One of the biggest concerns is that PI is still in Mainnet closed without a clear time schedule for a full launch, leaving investors frustrated due to the delay in the exchange lists and the development of the ecosystem.
PI decreased from $ 3.00 to less than $ 0.90, as many of their first sites come out due to dull confidence. In addition to the turmoil, the sharp decline of Bitcoin from 87 thousand dollars to 83 thousand dollars has weakened feelings across Altcoins, with speculative assets like the PI network more than others. PI is still vulnerable to more negative aspect.
PI network scheme analysis
- Current price: $ 0.89, struggling for major support.
- Resistance levels:
- $ 1.20 – immediate obstacle; Restore this can lead to short -term recovery.
- 1.50 dollars – $ 1.80 – a strong resistance area of previous repercussions.
- Support levels:
- $ 0.80 – decisive support; The collapse below can lead to a deeper sale.
- 0.60 dollars – the next main level if the landfill continues.
- MACD Index: Black Cross, indicates continued negative pressure.
Final meals – Can the PI network recover?
The future of the PI network is still uncertain, as investors lose confidence due to the delay of Mailnet for a long time. If the PI is able to restore $ 1.20, we can see a short -term bounce, but if the price decreases to less than $ 0.80, it is possible to decrease a deeper about $ 0.60 or less. Until Mainnet is going from PI, speculation will continue to increase severe fluctuations-which makes this a high-risk and highly rewarding bet for traders.
