Yesterday’s expectations are playing largely. Pi Coin Price got a success and is now sitting about $ 0.6,000 after declining more than 9 % during the past day. This decrease withdrew the price to below 0.62 dollars to $ 0.65, we were watching as a potential area, and now all eyes on whether it could hold 0.58 dollars as support.
There is still an opportunity for buyers to interfere in the short term here, but in general, the technologies do not look great. Most indicators flash signals, which indicates that the market is more declining at the present time. The PI is at a decisive point, if it collapses $ 0.58, we may see another lower leg.
So, what can we expect from Pi Coin Price today? Let’s take a look at what the indicators say.
Technical indicators analysis
the Relative power index (RSI) It is currently in 34.98, indicating that the distinctive symbol is close to excessive conditions, but it has not yet reached this threshold. This leaves some fields for more negative aspect before he expects buyers to interfere with stronger momentum.
the MACD (12,26) It is still declining at -0.086, with no sign of the bullish intersection. This reflects the ongoing passive momentum and not confirming any counter -attempts at this stage.
the CCI Channel Index (CCI) He sits in -29.82, which puts it in the neutral area. This usually means that the price of the PI may be uniformly, but there is no strong signal after things turn in either direction.
the The final oscillator It is in 41.05, less than the midfield of 50, hints to vulnerability across multiple time frames. Meanwhile, the ROC rate sits deep in the front land at -8.821, pointing to modern sharp losses.
the Taurus power/bear (13) It prints -0.1014, which confirms that the sellers are still controlling the market, albeit enormous force.
Also read: Sui Price Press for work? The expert reveals what should happen after that
Pi Coin Price Outlook on April 17th
If $ 0.58 keeps retaining, the price of PI will try slowly, about $ 0.62. However, the chances of this happening appear to be low unless the broader market morale or the PI network announces a large update.
On the other hand, a clean fracture is likely to open less than $ 0.58, the door to re -test the support level of $ 0.55. Failure may be offered to decrease in prices, especially with no explicit spacing on the horizon.
For today, the price of the PI carries a neutral decline. The apostasy is still possible, but only if it remains $ 0.58. Without it, negative pressure may continue.
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