Pi Coin is priced at $1.1565, marking a 1.86% increase for the day. Let's review key indicators and potential development scenarios.
Current Market Situation
Pi Coin maintains a price point of $1.1565. Yesterday's forecast accurately predicted the consolidation phase.
Technical Indicators Analysis
ROC indicator is at -0.463, suggesting slight bearish dynamics. Ultimate Oscillator at 51.328 indicates some buying pressure. RSI rests at 48.721, leaving neither buyers nor sellers with a clear advantage. CCI is at -82.0156, and MACD is slightly positive at 0.005.
Today's Forecast
Pi Coin may stay within the $1.14-$1.16 range with potential resistance tests around $1.20-$1.22 if buying pressure increases. A drop below $1.15 can send the price to the $1.05-$1.08 support zone.
Current indicators suggest stability in the market. However, traders should monitor for changes in trading volumes and factors that could affect market dynamics.
