PI prices extend on the negative side of the sales pressure installations after the list
The Coin PI price was traded down for the fifth consecutive day on Monday, as the currency continues to press the currency. PI traded at $ 1.74 at the time of writing, a decrease of 7.2 %, to raise its weekly losses to 16.3 %. The currency first appeared in the encryption market at $ 0.100, which means that it is still increasing by more than 160 %. However, it is still less than 42 % of its high price of $ 3 a week ago.
The last decrease in the price of the PI is attributed to the pisture of a delayed list by Binance. Some analysts believe that the demand for PI is currently subject to the benefit of the application aspect has not yet been launched. However, the later menu by Binance, the largest exchange of cryptocurrencies by size, is a major shareholder.
Binance held a voting session last week, with 86 % of the user’s community in favor of the PI exchange menu. However, there has been no word coming from the Binance Administration since then. On the other hand, this scenario also indicates a possible reflection of the PI currency price if the list occurs.
The PI Core team previously claimed that 27,000 traders have accepted the adoption of the PI as a payment method. However, this was not clear in the current market, as hateful risk was a major engine, amid uncertainty about escalating the war of global trade tariffs.
Pi -currency predictions
The Pi Coin PRICE PIVOT MARK mark is $ 1.81 and resistant at this sellers control. The price procedure may decrease down and find the first support at $ 1.65. However, the strongest momentum will be broken without this level and can test the second support at $ 1.51.
On the contrary, the transition above $ 1.81 will prefer buyers to control and go to the first resistance at $ 1.93. It will become an extended control by buyers above this level and nullify the narration of the negative side. In addition, this momentum can lead to more gains for a $ 2.09 test.
