Pi Coin has dropped to $0.6847, continuing its bearish trend. Let's examine current technical indicators and possible developments.
Current Price and Trend
Pi Coin price has decreased by 3.43% in the last 24 hours, now trading around $0.6847. This decline confirms the continuation of the bearish trend over the past two weeks.
Technical Indicators Analysis
The Relative Strength Index (RSI) is at 24.928, indicating oversold conditions. MACD is at -0.025, showing weak short-term momentum. The Commodity Channel Index (CCI) is at -131.3664, confirming seller dominance. The Ultimate Oscillator reads 37.635, indicating low buying pressure. The Rate of Change (ROC) at -41.731 confirms bearish momentum. Bull/Bear Power (13) is at -0.3684, also highlighting seller strength.
Pi Coin Price Prediction
Further decline to $0.65 is possible if sellers maintain control. Alternatively, if buyers become active, a short-term bounce could raise the price to $0.74-$0.76.
Current indicators show a bearish trend, and without change, Pi Coin price may remain low. Expected trading range today is $0.68-$0.73.
