On July 11, the price of Pi Coin showed an 8% increase, closing at $0.5066. This marks a significant rise after a prolonged period of stability.
Pi Coin Daily Overview on July 11
As of July 11, Pi Coin's current statistics are as follows:
* **Current Price:** $0.5066 * **24h Change:** +8.11% * **Daily RSI (14):** 45.05 * **Volume:** Slight increase
The price has finally surpassed the 9-day moving average (around $0.475), which had previously capped its upward movement.
Technical Indicators Analysis
Pi Coin remains in a long-term downtrend since its peak at $1.90 in May. However, this recent increase may signal a potential reversal of the existing trend. Key indicators include:
| | | | | --- | --- | --- | | **Indicator** | **Value** | **Signal / Interpretation** | | **MACD (12,26)** | -0.04 | Bearish crossover, momentum still lagging | | **ADX (14)** | 30.26 | Strong trend forming, possibly uptrend | | **CCI (14)** | -18.72 | Neutral, no strong momentum yet | | **RSI (14)** | 45.05 | Neutral zone, slightly bullish bias | | **ROC** | -12.23 | Negative momentum still present | | **Bull/Bear Power (13)** | -0.004 | Slight bearish control remains |
Pi Coin Price Predictions
Three scenarios exist for the future movement of Pi Coin's price:
**Bullish Scenario:** If the price breaks and holds above $0.55 with volume, momentum could build towards the $0.65–$0.70 range in the short term.
**Neutral Scenario:** Failure to break the trendline could lead to continued fluctuations between $0.47 and $0.55 until more buyers enter the market.
**Bearish Scenario:** If bulls lose momentum and the price drops below $0.47 again, support at $0.44 and $0.40 may also be tested.
Pi Coin's price shows signs of activity, yet remains influenced by key resistance levels. Monitoring the $0.51–$0.55 zone will be crucial for future market movements.
