Yesterday’s expectations suggested that if the bears occupy momentum, the price of the coin in the support area may be swept away from 0.54 to $ 0.55. The price follows this path early in the session a little before recovery. At the time of this report, Coin Coin is trading about $ 0.5852, an increase of 3.19 % in the past 24 hours. Despite the height, most technical indicators continue to refer to a decreased direction.
The PI coin remains less than the main averages, and no clear rising size appeared. While today’s ascension is approaching the distinctive symbol to the upper side of the expected range, the total feelings have not changed yet.
Where can the price of the modified currency PI go after that? Here’s what today’s data shows.
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Technical indicators analysis
the Relative power index (RSI) He stands at 28,549. This level puts the PI depth in the excessive sale area, indicating the pressure pressure for a long time. Although RSI is less than 30 it can sometimes lead to a short -term bounce, but signals have not been confirmed.
the MACD (12,26) It is still negative in -0.088. The ongoing gap between the MACD line and the signal line indicates a continuous declining momentum. The graph continues to widen, indicating that sellers still have the upper hand.
the CCI Channel Index (CCI) He decreased to -86.9125. This level shows that the price of the PI is trading much lower than the typical price range, indicating continuous negative pressure with a little buyer’s support.
the The final oscillator It is in 43,234. Survival is less than the level of 50 neutrals indicates poor activity in purchase across short, medium and long -term timetables.
the Change rate (ROC) He stands at -26.798, pointing to a sharp pace of recent price declines. This reflects high fluctuations and a declining continuity pressure.
Taurus power/bear (13) Currently at -0.2216, it also confirms that sellers still control short -term prices.
Pi -currency predictions
Detaire scenario:
If the landmark continues, Coin Coin can re -test the area 0.54 – 0.55 dollars. Technical indicators such as ROC, CCI and MACD continue to support the declining preparation.
Al -Swario Al -Swami:
It is possible to recover limited if buyers interfere at the current levels. This may push the price towards an area ranging between 0.59 and 0.61 dollars, but it will require a clear rise in size and strong upward signals.
Today’s prediction:
Based on the current data, The price of the PI currency is expected to trade between $ 0.54 and $ 0.65. The broader bias remains unless a transformation occurred in the momentum during the trading day.
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