The price of the PI has shown some strong signs on the upper momentum. After getting support near $ 1.05 earlier this week, the Pi PRICE was moving up with an increased purchase pressure. On May 13, the currency opened about $ 1.20, and briefly decreased to one dollar, then rose to the highest level at $ 1.34 before closing a little top above $ 1.20.
The fact that the original PI icon was able to close the higher than what started today is a good sign. This pattern indicates that traders buy declines, and this may mean more upward trend if the direction continues.
Let’s divide the current technical signals to understand the best place to be PI today.
What the indicators say about the price of PI
Looking at Relative power index (RSI)That measures the speed and change of price movements, we see value 62.65. This is less He buys. This means that there is still room for the high price of PI before reaching any significant resistance.
the Stochastic oscillator (Stock)Which compares the price of a specific closure to a set of prices over time, stands at 56.39Which also indicates He buys. This indicates that the momentum is still on the upper side.
Then we have MACD (moving average rapprochement)Currently in 0.002And the signal He buys. MACD helps determine the changes in the strength and direction of the direction. Since the value is positive, it indicates that the upward momentum acquires traction.
Next is CCI (commodity channel index)Who reads 214.13. That’s good at Its purchase The area, which usually exceeds 100. While this can hint that PI has been captured in the short term, it also shows that the upscale enthusiasm is strong.
Finally, the change rate (ROC), which measures the rapid price change compared to the past, is at 14.94, and the day of another purchase sign. This confirms that the recent gains are solid and support for momentum.
Moving averages also support the bullish trend
When we look at the moving averages, which aims at the price data to determine the direction of the direction, each indication also indicates strength.
the 20 -day moving average (MA20) He is
in 1.1276 dollars and $ 1.1726Both call for a He buys. This means that PI is trading above its average short -term price and maintaining a solid upward pressure.
Looking further, 50 days m Sitting in $ 1.2046 and $ 1.1305. Again, both values indicate a file He buysWhich confirms that merchants in the middle of the period see a positive direction.
the 100 days mWhich reflects a long -term offer, shows values $ 1.0180 and $ 1.0375. This supports the continuous upward trend because PI is still trading much higher than those levels.
More impressive, 200 daysIt is often used by investors in the long run to determine the direction of the real market, standing at 0.8175 dollars and 0.9013 dollarsWith both of them offer He buys Signs. The Pi Coin, which remains above this level is great for its long -term view.
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Pi Coin PRICE prediction on May 14
Based on this technical data, the PI network appears to be in a healthy direction. The fact that each major indication indicates a He buysAnd all the moving averages are aligned with upward momentum, indicating that there is a good opportunity to see PI at another step at the top of the day.
The only point of caution is to read CCI, which shows excessive conditions in the peak. This can lead to some brief decline or side trading. But as long as the support near $ 1.05 holds the purchase volume, re -testing $ 1.30 or even a higher payment from the highest level yesterday is possible.
For May 14, the PI currency can range between $ 1.18 and $ 1.35With a possible outbreak if the difficult pressure continues. Watch the size and how the PI reacts near the 1.30 dollar sign. A strong step above can open the door about $ 1.40 in the short term.
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