Pi Coin's price continues to fluctuate within a narrow range without clear signs of a breakout. This overview includes the current situation, technical indicators, and predictions.
Current Price Overview
As of now, Pi Coin is priced at $0.469, which is below the short-term moving average of $0.472. Over the past weeks, the price has fluctuated between $0.40 and $0.55, with a brief spike to $0.75 in mid-June, after which it returned to its previous range. Support at $0.40 remains intact, but if broken, the next support levels could be $0.30.
Technical Indicators
Current technical indicators show weak upward momentum. The RSI is at 40.34, indicating low activity levels and a bearish tilt. Trading volumes remain low, with most indicators signaling bearish trends, suggesting no sharp price movements are likely in the near future.
Predictions for Pi Coin
According to current forecasts, three scenarios are possible: 1) A bullish case could occur if the price breaks above $0.55 with increased volume, leading to a short-term rally towards $0.65–$0.70. 2) A neutral scenario suggests the price will remain between $0.47 and $0.55. 3) A bearish scenario indicates a potential drop below $0.47, with nearby support levels at $0.44 and $0.40.
At present, Pi Coin's price remains in a state of consolidation with no clear breakout signals. Without increased trading volume and a clear direction, the situation is likely to remain stable.
