5 months ago
PI Price Risks 10% Drop, But One Bullish Indicator Could Save The Price
Pi Network's price is currently around $0.44 and faces a potential 10% drop to $0.40. A Supertrend indicator suggests a downtrend, with resistance at $0.5450. However, there's a bullish divergence on the Relative Strength Index (RSI), indicating possible buying pressure. Exchange inflows show over 5.7 million PI tokens entering exchanges, suggesting selling activity. Pi Coin needs to reclaim $0.47 to invalidate the bearish outlook; otherwise, a break below $0.42 could lead to further declines. A break above $0.5142 would signal a clearer uptrend.
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