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PI NETWORK

  • PI Network (PI) is traded at $ 0.6363 after a decrease of 13.32% per day.
  • Since the volume decreases 16.86%, the market value decreases to $ 4.34 billion. CMF at -0.09, signals in which capital output continues.

Pi Network (PI) extended the losses traded at $ 0.6363 after a sharp decrease of 13.32% in the last 24 hours. Market value rejected With a decrease of 13.15 %, it reflects a sharp disadvantage in investor interest rates for $ 4.34 billion.

At the same time, the transaction volume decreased by 16.86% to $ 913.87 million, increasing the market value rate to 21.25%, which points to sales pressure. PI’s fully diluted valuation (FDV) is 63.62 billion dollars, 6.83 billion pI, in circulation outside the 100 billion maximum supply.

PI NETWORK Under resistance

Technically, the PI is processed below the resistance level of $ 0.70, which has recently rejected the upward movement. A break on it threshold Although the momentum remains weak, it can push Pi towards $ 0.85. The disadvantage of the $ 0.50 level acts as a definite support. If this collapses, Pi may slide further to $ 0.42.

The relative force index (RSI) is monitored in 50.42 and RSI is monitored in an average of 40.31. Although this lacks a strong conviction, it shows the difference of slight rise. If the RSI remains above 50, the momentum can slowly return. However, instant reversal signals are limited.

Chaikin Money Flow (CMF) Emphasizes permanent capital outputs by printing at -0.09. A CMF below zero reflects weak accumulation and lack of purchasing power. For the bull reversal confirmation, the CMF should pass to the positive area with the volume supporting the movement.

Meanwhile, moving averages do not rise. The short -term average is under long -term trend by underlining the decrease market structure. A potential passage may only occur if it continues on volume increases and price resistance. Without this change, sellers hold the control of the trend.

As shown in wide wax spread, the volatility remains high, especially for $ 0.85, which is rapidly rejected during sharp suppositories. This price action confirms the presence of bears near the upper resistance zones and the lack of support to maintain rallies.

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