Pi coin price decline has continued to slow down. Following a 60% drop from its May high of $1.6, the price has been moving sideways over the past four days. The candlestick patterns now show some signs that bulls could start gaining control, especially if the fundamentals improve.
Yesterday, our neutral prediction suggested that Pi price could stay between $0.63 and $0.66. That has turned out to be accurate. The price has respected both levels, with $0.66 acting as the current resistance and $0.63 as the support. Until the price breaks either of these levels, the sideways movement could continue.
Here’s a quick look at where Pi coin stands right now:
Current Price: $0.65
24H Change: +0.82%
Volume: -16.74%
RSI: Neutral (50)
The slight increase in price and the drop in volume suggest that not many traders are making big moves at the moment. The RSI sitting right at 50 means the market is balanced, there’s no clear buying or selling pressure yet.
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What Are the Indicators Saying?
To better understand what’s going on with the Pi coin price today, we looked at the 5-hour chart on Investing.com. Here’s a summary of the key technical indicators:
| Name | Value | Interpretation |
|---|---|---|
| RSI(14) | 50.34 | Neutral — market is balanced |
| STOCH(9,6) | 47.683 | Neutral — no major signal |
| MACD(12,26) | 0.001 | Buy — early signs of upward shift |
| ADX(14) | 20.631 | Sell — weak trend strength |
| CCI(14) | -25.4767 | Neutral — no strong momentum yet |
| ATR(14) | 0.0041 | Less Volatility — calm price action |
| Highs/Lows(14) | 0 | Neutral — price isn’t breaking out |
| ROC | -0.149 | Sell — momentum slightly weakening |
| Bull/Bear Power(13) | 0.0008 | Buy — slight bullish strength showing |
From this data, it’s clear the Pi coin price is in a consolidation phase. Most of the indicators are neutral, which confirms that the market isn’t heavily tilted toward buyers or sellers right now.
However, the MACD and Bull/Bear Power suggest a very mild bullish lean, possibly indicating that a breakout could happen if buying interest picks up. Meanwhile, the ADX and ROC both suggest that any trend forming right now is still weak and lacks strength.
What the Moving Averages Show
Moving averages are used to confirm trends, and today’s data shows a mixed signal for Pi coin price.
The 20-period moving average (MA20) gives off conflicting signs. One measure puts it at $0.6505 with a sell signal, while another puts it at $0.6497, also indicating a sell. This shows short-term momentum is still a bit shaky and buyers haven’t fully stepped in.
But things look more positive with the 50-period and 100-period moving averages. The MA50 is around $0.6461 and $0.6467, both showing buy signals. This means the medium-term trend is still holding up and might offer support if the price dips slightly.
The MA100 is interesting. One line puts it at $0.6418 with a buy signal, while another figure shows $0.6553 with a sell signal. That suggests the longer-term support is still holding, but if the price rises too fast, it may meet resistance around the $0.655 level.
All together, these moving averages suggest that Pi coin price is finding support in the medium term, but will need strong momentum to break past the $0.66 resistance area.
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Pi Coin Price Prediction for Today (June 4)
Bearish Scenario:
If selling pressure increases and the Pi coin fails to hold the $0.63 support, the price could slide to around $0.60 or even $0.58. This would be triggered by a sharp drop in volume and failure to break resistance.
Neutral Scenario:
The most likely scenario is continued sideways movement between $0.63 and $0.66. This will happen if volume stays low and market sentiment remains quiet.
Bullish Scenario:
If bulls gain momentum and the price breaks above $0.66 with strong volume, Pi coin could climb to $0.70 or higher. The slight buy signals on MACD and Bull/Bear Power support this possibility if more buyers step in.
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