The price of Coin PI has decreased about 5 % today and is now trading about $ 1.33. We’ve properly expected how to do the price today, so we now would like to do the same while predicting prices for today.
The momentum seems to fade with the Pi Network after all the important events now behind us – and this Mainnet includes the launch of the deadline for migration to Mainnet.
Technical indicators analysis
ROC is -9.061
The ROC rate index (ROC) in -9.061 PI has lost significant momentum during the measured period. This negative value indicates a decrease in the price faster than it was in the previous periods, indicating an increase in the sale of the market.
The final oscillator is 51.663
Read the final oscillator for 51.663 slightly higher than the mid -50 point, indicating the relatively neutral market condition. Although the bullish or severe significant signals are not shown, this reading indicates that the market maintains some balance despite the recent low prices.
RSI (14) is 36.104 Relat
The IVE (RSI) power index indicates that 36.104 indicates that the PI is approaching the excessive sale area (which is usually less than 30). This indicates that the symbol has seen a steady pressure for sale, but it has not yet reached severe excessive conditions that may lead to bounce.
CCI (14) is -111.43
CCI Channel Index (CCI) In -111.43 confirms the declining momentum. This reading below -100 indicates that the PI is circulating much lower than the average price range, indicating the great declining pressure and the potential continuation of the declining direction.
MACD (12,26) is 0.26
The average average rapprochement (MACD) appears at 0.26 a little positive reading. Despite the total landfill indicators, this small positive MACD indicates that there may be some basic purchase interests that may slow down the current downward trend.
Pi Coin PRICE prediction today
Based on technical indicators, the PI is likely to continue its descending movement, but at a slower pace. We expect the price to fluctuate between $ 1.28 and $ 1.40 today, while increasing the resistance around the level of $ 1.35. The step of more than $ 1.35 can increase the range of $ 1.40-1.50.
The excessive selling conditions that start on RSI may create some temporary relief pools, but the total feelings remain declining. Merchants must monitor potential stability on a $ 1.30 support level, which can serve as a temporary floor for prices today.
Also read: Why should you avoid the PI coin now and focus on this low -drawing encryption of $ 0.0016
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