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Crypto News

Pi Coin PRICE prediction today (March 22)

Coin PI has faced a lot of fluctuations today, at the very least, and at times like this, it is difficult to do these daily predictions of prices, but we still do well on yesterday.

Pi Coin fell to less than $ 0.90 for the first time since late February, but it rapidly turned to more than $ 1.10. All this happened within a few hours of the day and the reason is still very clear, the bulls and bears may be fighting for their positions at the present time.

Technical analysis indicators

In the daily time frame, technical indicators draw a complex image:

RSI (14) currently in 33.924, indicating that the original is approaching the sale area. When RSI decreases from 30 years, many traders are a potential purchase opportunity as the original may be less valuable.

MACD (12,26) is 0.158, which indicates a slightly positive momentum. Although this is higher than scratch, the value is relatively low, indicating poor momentum ascending in the current market.

source: Investing.com/pi

CCI (14) stands at -164.0828, and is deep in the sale area. This extreme negative value indicates that the PI may be less than its value compared to the recent prices and can see a louder correction.

The final oscillator reads 45.371, which is less than the middle point of 50. This indicates a slight but not severe sale pressure.

ROC (change rate) It is in -37.096, which indicates changing a significant negative rate of price during the comparison period. This sharp decrease indicates a strong sale pressure on the size timetable.

The power of the bull/bear (13) -0.4884, indicates that the bears currently enjoy more control over the market than bulls, but not with an overwhelming margin.

Based on all these indicators, Investing.com suggests “selling” to PI at the present time.

Also read: We asked artificial intelligence to predict what is the best selection of Altcoin now – XCN or PI Coin

Piffest shopping event

Piftst shopping event is currently happening! You can participate until Friday, March 21. This is the first Piffest since the open network that was launched with the support of full external connection, allowing users to shop in local stores and companies that accept PI.

You can find these local companies through the PI application map in the PI browser. The platform is currently hosting more than 100,000 registered sellers, including more than 51,000 active vendors ready to discover. If you share, you can share your local shopping experiences in Channel #Pifest at Fireside Forum.

PI

Based on technical indicators and current market conditions, here are our prices for PI today:

Pingle scenario: COIN PI may re -test the support level of $ 0.90 and may decrease to about $ 0.85 if the sales pressure continues and the market morale is still negative.

Realistic scenario: Coin PI is likely to trade between $ 0.95 and $ 1.15, as it is unified after the fluctuation of the day as the market seeks a balance between buyers and sellers.

Optimistic scenario: If buyers enter these low prices and technical indicators in reflection, the PI can recover to a range of $ 1.15 to $ 1.20, especially if the broader encryption market is witnessing positive momentum.

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