Pi Coin Price Prediction for Today (March 28)

Yesterday, we predicted that Pi Coin might trade between $0.85 and $0.95, and it came pretty close, ending the day at $0.8280 with a 4.96% gain. Even though that looks like a solid move-up, most of the indicators are still pointing to a bearish trend. So, what’s next for Pi Coin price today? Let’s break down the daily chart and see what the technicals are saying.

Technical Indicators Analysis

The Relative Strength Index (RSI) is sitting at around 27.95, which means Pi Coin is officially in oversold territory. When the RSI drops below 30, it usually means there’s been heavy selling, and a bounce could be on the table. But it doesn’t always guarantee a comeback.

The Moving Average Convergence Divergence (MACD) shows a tiny bit of positive momentum with a value of 0.027. That’s technically a bullish crossover, but it’s so close to zero that it could go either way. Right now, the market still seems unsure.

Looking at the Commodity Channel Index (CCI), it’s down to -106.78. That’s another strong signal that Pi coin price is way below its recent average. Typically, when this happens, it’s a sign that sellers are still in control, and the market could stay weak unless something shifts.

Source: investing.com/Pi

The Ultimate Oscillator is also low, sitting at 36.94. That means there’s not a lot of buying interest right now, and the price could keep drifting downward unless buyers step in.

Then there’s the Rate of Change (ROC) at -49.93, that’s a big drop. It shows the price has fallen sharply compared to previous days, and that’s a clear bearish signal.

Finally, the Bull/Bear Power is at -0.4436, which confirms that bears are still leading the market. Sellers are just more active than buyers right now.

Read Also: Ripple and Chipper Cash Just Supercharged Crypto Payments in Africa — Here’s What That Means

Pi Coin Price Prediction

Bearish Scenario: If the current trend keeps going, the Pi Coin price could slide further, possibly testing support around $0.70 to $0.75. The oversold RSI and that steep ROC suggest the selling pressure isn’t done yet.

Bullish Scenario: On the flip side, we might see a short-term bounce if the RSI starts drawing in buyers. If volume picks up, Pi could head back toward the $0.95 to $1.00 range — but it’ll need some help.

Today’s Prediction: Based on all this, Pi Coin price will probably trade between $0.85 and $0.95 today, but it looks more likely to stick closer to the lower end of that range unless something shifts in momentum.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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