This is what we see today, after predicting that the price of pi mine money may encounter close to key support. Although the coin has not yet broken under the region, it remains close to it without a clear recovery sign. Pi coin money is traded in the range of $ 0.70 time.
According to daily technical analysis, things do not look too big; Almost everything, including both technical indicators and moving averages, is a “strong sales” signals that flash. So yes, the sellers are still under control right now.
So, where does Pi Coin go today? Let’s review some important technical indicators during the daily time period.
PI Mine Money Technical Indicators Analysis
. Change Rate (ROC) Currently, at -38.02, it shows a strong negative momentum. This steep decline indicates that Pi Coin’s price has fallen sharply compared to recent periods. These values often reduce continuous sales activities and interest rates of buyers.
. Relative Power Index (RSI) In 25.637, the pi pushes the price of money into the extremely -storey area. When the RSI falls below 30, it shows that the sellers have been under control for a while. This can open the door for a potential leap, but there is no indication that recipients enter.
. MACD (12,26) It shows the value -0.019 value. This negative reading confirms that short -term momentum is below long -term trends. It strengthens the current decline appearance, but the distance to the zero line indicates that momentum is not extremely aggressive.
. Commodity Channel Index (CCI) It stops at -126.05. A CCI below -100 shows that it is traded well below the historical average of asset, and that it typically indicates a decrease in a decrease train. This is compatible with the general picture of market weakness.
. Final oscillator In 35,566, the purchasing pressure shows that it is low in short, medium and long -term time periods. Readings below 50 mean that the trend of a decrease is still in the game.
Finally, Taurus/Bear Power In -0.3786. This negative value reflects that sellers are more dominant than the buyers and contribute to the ongoing risk of the coin coin.
Based on daily graph and all technical indicators, the pi mine remains under strong pressure.
Low Scenario:
If the sales pressure sticks around, we could see the slide of the pi mine’s money price even more. The decline in $ 0.68 – $ 0.70 seems quite realistic. And if the market weakens, there is even a chance to fall closer to $ 0.65 before finding a stronger support.
Ascension scenario:
On the Flip side, if buyers decide to step and defend these levels, we can see a short -term leap. If this, the pi can push the coin to $ 0.74 – $ 0.76. But to be honest, this will need a good increase in this process volume or some kind of momentum shift.
Today’s call:
At this rate, Pi mine money price will probably stay somewhere between Today is $ 0.68 and $ 0.73. Unless something changes rapidly, it is more likely to be bending towards the lower end of this range.
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