He has struggled with the price of Pi Coin (PI) to get enough momentum for a strong gathering because it broke out from the main trend line in late March. What seemed to be the beginning of a strong upward step that fades quickly. Leave these merchants wondering what is the next of the original symbol of the PI network.
Time to write this report, PI price About $ 0.61. The market seems uncertain, and yet, there was no convincing indication that buyers are ready to intervene again. However, there are some technical levels and indicators that we can explore to understand where I prefer where PI Coin Price It may go today.
Current support levels and price behavior
A main level that must be taken into account is $ 0.55 support zone. Over the past two weeks, PI PRICE has bounced this level several times, both inside the descending channel and even during the collapse attempt. As long as this support continues, there can be a quick gathering on the table – especially if Bitcoin or the broader encryption market sees a bullish momentum.
Recently, the PI wore about $ 0.58, which may serve as a secondary support field today. If this level continues to keep, the Pi Coin may unify the side or try to move up up. But if the area of $ 0.58 collapses, all eyes will be 0.55 dollars as a major goal next for potential buyers to intervene.
Technical indicators show down the PI price
When looking at short -term indicators of the 5 -hour Investing.com chart, things do not seem very optimistic at the present time. Almost all the main indicators flash in red Bin currency. This is what the data says:
- Relative power index (RSI 14) He is currently in 33.427It is in the “sale” area. This indicates this Bay It approaches excessive conditions, which means that although there is weakness, the bounce can come soon if buyers begin to intervene.
- MACD (12, 26)Which helps -002 It also refers to a He sells. This means that the declining momentum is still dominant.
- The final oscillatorin 36.731It also indicates a He sells A sign, which reflects the lack of pressure across different time frames.
- Change rate (ROC) Standing in 19.862Another strong He sells signal. This tells us that the price has decreased sharply compared to the previous levels, and the momentum is still weak.
- Taurus power/bear (13) He is in -1302The sellers are currently offering the upper hand. This is another He sells A sign for today.
Completely, these indicators indicate that market morale is around them Bay It is still declining, and merchants hesitate to return unless there is something big in the wider market.
Predicting PI price on April 15th
Based on the current procedure for prices, support areas and art indicators, short -term expectations PI Coin Price The drop tends a little unless a new catalyst appears.
If the PI price exceeds $ 0.58, we may see a slow recovery about $ 0.62 or $ 0.65, especially if Bitcoin made a positive movement and raises Altcoins with it. However, if 0.58 dollars fail, we will probably return to re -test $ 0.55 – a major level where the bulls may try to take a position again.
Also read: Is Cardano (ADA) still a major investment in 2025?
Unless the wider market conditions or the PI sign up a significant update, Bay You may remain stuck in this narrow range at the present time. Currently, expectations remain cautious with the possibility of apostasy, but only if the level of $ 0.58 holds a company.
Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Get all our future calls by joining A free telegram group.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
