Today we will examine the current indicators for Pi Coin, its market behavior, and forecasts for the near future.
Technical Indicators Analysis
The Relative Strength Index (RSI) stands at 27.635, indicating that Pi Coin remains in oversold territory. An RSI below 30 typically shows a strong dominance of sellers. While this may set up a potential bounce, there are currently no signs of a bullish reversal.
MACD (12,26) is still in negative territory at -0.088, confirming that momentum continues to favor the downside. The MACD histogram is widening, suggesting that downward momentum may persist in the short term.
The Commodity Channel Index (CCI) has fallen to -95.405, reinforcing the view that Pi Coin price is trading well below average.
Pi Coin Price Prediction: Bearish and Bullish Scenarios
If sellers maintain control, Pi Coin price may drop further toward the $0.54–$0.55 zone. Indicators like ROC, MACD, and CCI confirm strong downward momentum, keeping the bearish trend intact.
On the other hand, should buyers begin accumulating at current oversold levels, Pi Coin could attempt a limited recovery. A short rally could push Pi Coin price back toward the $0.59–$0.61 range, but this would need a clear spike in volume and stronger buying momentum.
Today's Prediction
Based on current data, Pi Coin price is likely to trade between $0.54 and $0.60. The market bias remains bearish unless a shift in momentum occurs during the trading day.
According to the current analysis, Pi Coin continues to face bearish trends, and its future movement will depend on the behavior of sellers and buyers in the market.