The current price of Pi Coin is $0.45, showing a lack of resilience in recent weeks. This article examines current trends and technical predictions.
Current Market Situation
Pi Coin is currently trading at $0.45, indicating active selling and a negative market sentiment.
Technical Indicators and Market Sentiment
Indicators such as the Relative Strength Index (RSI) remain in bearish territory, indicating that sellers are in control. Additionally, the Ichimoku Cloud remains positioned above current price levels, confirming the lack of buying activity. The current chart structure shows no bullish support.
Prospects and Possible Support Levels
If Pi Coin drops below the $0.45 level, a retest of $0.40 could be imminent. Breaking that support might lead to new all-time lows. Conversely, a bounce from current levels could push the price towards the $0.49–$0.51 range, but overcoming resistance will be necessary.
Pi Coin faces strong bearish pressure, and further price fluctuations remain in question. Investors should monitor the situation and potential support levels.
