The price of the PI is trading of about $ 1.1756, indicating an increase of 2.58 % during the past day. Yesterday, we expected the PI to remain under pressure but remains within the range of $ 1.10 – 1.20 dollars, with resistance ranging between 1.20 – 1.25 dollars. We have also mentioned that a break less than $ 1.10 can send the price to $ 1.05 – $ 1.08.
As expected, the PI is still facing resistance on the 1.20 dollar sign, but buyers are trying to pay the price up. The price procedure indicates a cautious upward trend, although some indicators indicate short -term corrections before other gains.
Technical indicators analysis
ROC is 1.25
The change rate (ROC) at 1.25 indicates that the price of the PI keeps a positive momentum. This indicates that buyers have intervened, with a sharp prevention of the price. However, the momentum is not strong enough to confirm a continuous gathering yet.
The final oscillator is 60.271
The final oscillator at 60.271 indicates that the purchase pressure is increasing through the short, medium and long time frames. This reading above 50 tends up, but the market still lacks a strong confirmation.
RSI (14) is 50,459
The RSI (RSI) index of 50,459 indicates the state of the neutral market. It indicates that the PI coin is not at the height or increase of its elephants, which means that the price can move in any of the two directions depending on the size and market morale.
CCI (14) is 108.1728
The commodity channel index (CCI) is 108.17, showing that buyers control. When this number exceeds 100, this means that there is a good momentum and traders feel confident.
MACD (12,26) is -0.011
The average medium rapprochement (MACD) sits at -0.011, and is still a little negative. This indicates a little bit of downward pressure, but nothing is large enough to suggest a large sale.
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Pi Coin PRICE prediction today
Looking at these indicators, the PI can continue to climb slowly, but it may reach some resistance from $ 1.20 to $ 1.22. If buyers are able to overcome this, we can see that he is testing a $ 1.25 region.
On the other hand, if more sellers enter, The price of PI Coin may decrease to about $ 1.15 before Try to wear. If less than $ 1.10 decreases, we may see a faster decrease to $ 1.05 to $ 1.08.
Watch RSI – If it exceeds 55 and becomes a positive MACD, it may indicate that a stronger upward step will come. While the short -term fluctuations are expected, the general trend of Pi Coin is still optimistic.
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