Will it break $ 1 or disrupt after 108 meters of the distinctive symbol?
The Cryptocurrency of the PI has gained attention in the world of encryption again, as analysts indicated a sharp increase in the momentum of PI and increased attention.
After interruption from the 0.60 dollar sign, many believe that the PI encryption price is preparing for a potential movement towards one dollar level, although everyone does not agree to the schedule.
The price of the PI network acquires the momentum amid the upward indicators
The most prominent crying analyst Xia A rapid rise in PI Coin momentum, referring to the price jump after $ 0.63 and a local height of $ 0.6441. She emphasized that the trading volume is strong, and that the main technical indicators such as RSI and MACD are turning to climb, which can indicate a larger upward trend.
Xia also cited the activity of the powerful ecological system of PI. During the last PI festival, more than 1.8 million users participated, with more than 58,000 selles contributed to the network participation. I wondered why the merchants were still hesitant towards PI despite these promising basics.
The value of the amended currency PI may decrease without strategic procedures
While Xia is optimistic, Analyst Dr. Altokin gave a more cautious look, warning PI may face sharp corrections if some problems are not addressed. Draw lessons from the last om price collapse, select three main moves that Picoreteam must take to protect the Pi Coin price.
First, it is recommended to expand the number of KYB approved exchanges and enable the broader access to the market, including platforms like OKX in the banned areas. Second, he called for more institutional buyers to absorb PI supplies, with companies like Banxa as a large -scale potential. Third, stressed the importance of regular updates from the PI Core team, including new partnerships or the accumulation of products that may enhance demand.
Pi
Analyst Moon Jeff It is believed that the PI Coin holds its $ 0.61 support and can prepare to return to one dollar if the momentum continues. Another analyst, PinszonHe repeated this feeling, indicating that PI will “cannot be stopped” as soon as they are separated from one dollar, encouraging users to accumulate during this stage.
108 million PI symbols opened in April
The largest wind of PI is not just a technique, it is the shock of the displayed display. according to PI surveyAs of April 17, more than 108.9 million PI symbols will be opened during the month, which increases the pressure on the currency that is already struggling.
On April 16, 2.8 million PI were launched in trading. The cancellation holes will continue daily, with 5 to 6 million icons open every day. For example, 5.74 million symbols are expected to be opened on April 20, followed by 5.14 million on April 21 and 5.91 million on April 22.
All of these factors can pushing the PI sharply if the momentum continues, and investors look at every step you take.
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Common questions
Coin PI may reach $ 1 if the bullish momentum continues, but the large code holes may delay the penetration.
To sell PI, you must convert into a runway exchange or use P2P platforms, as the main stock exchanges still do not support them.