Pi Coin continues to hover at market lows with persistent pressure. Reviewing technical indicators confirms the ongoing bearish sentiment.
Pi Coin Technical Indicators
The Rate of Change (ROC) at -38.02 shows strong negative momentum. The RSI at 25.637 indicates oversold territory, possibly allowing for a bounce. MACD at -0.019 confirms bearish trend, CCI at -126.05 points to sustained downtrend, while the Ultimate Oscillator at 35.566 shows low buying pressure. Bull/Bear Power at -0.3786 reflects seller dominance.
Pi Coin Price Prediction
The bearish scenario suggests a drop to the $0.68–$0.70 range, potentially reaching $0.65. A bullish scenario envisions a short-term bounce to $0.74–$0.76, contingent on increased trading volume.
Current Market Status
Currently, Pi Coin trades between $0.68 and $0.73, more toward the lower end. Unless trading conditions change significantly, this range may persist.
Pi Coin remains under significant seller pressure, with further price declines likely unless trading activity shifts.
