Pi Coin is ending the weekend in a tight consolidation range after failing to hold its recent breakout attempt. The token is trading at $0.6340, posting a modest 0.96% gain over the past day. Volume has risen by 21.82%, but price action remains subdued following a strong downtrend that began in late May.
Let’s break down today’s outlook.
What you'll learn 👉
📅 What We Got Right Yesterday
In yesterday’s prediction, we outlined three potential paths for Pi Coin price: bullish, bearish, and neutral. The price is pretty much doing exactly what we expected in the neutral scenario, it’s still stuck below that $0.64 resistance and holding above the $0.62 support.
Just like we thought, the market couldn’t break through $0.64 with any real momentum. Instead, Pi Coin has been moving sideways, bouncing around in that $0.61 to $0.64 zone. Neither buyers nor sellers are in full control right now. Everyone seems to be waiting for a clearer signal before making their next move.
📊 Pi Coin Daily Overview (June 8)
- Current Price: $0.6340
- 24h Change: +0.96%
- 4H RSI: 50.43
- Volume: Rising, but still below breakout levels
Candles on the 4H chart remain small with limited wicks, suggesting low conviction. The market is watching to see if Pi Coin price will break toward $0.66 or drop back to the $0.60 level.
🔍 What the Pi Coin Chart Is Showing
The 4H chart confirms the presence of a broader downtrend, with lower highs stretching back to May 23. After a steep drop that bottomed around $0.6050 on June 5, the price has attempted to stabilize. A spike to $0.6650 on June 7 was quickly sold off, reinforcing resistance near that zone.
Support remains firm around $0.6050 to $0.6100, while the $0.6550–$0.6650 range acts as the ceiling. Without a strong breakout or breakdown, Pi Coin is currently forming what could be a bearish continuation pattern, possibly a flag or pennant.
📈 Technical Indicators (Hourly Timeframe)
| Indicator | Value | Signal / Interpretation |
| MACD (12,26) | +0.004 | Mild bullish crossover, early momentum |
| ADX | 28.41 | Strong trend, but points to sellers |
| CCI (14) | -40.37 | Neutral zone, slight bearish lean |
| RSI (14) | 50.43 | Flat momentum, no clear direction |
| Ultimate Oscillator | 34.76 | Weak buying interest |
| ROC (Rate of Change) | 1.64 | Light upward momentum |
| Bull/Bear Power (13) | -0.0055 | Bears slightly stronger |
Summary: Momentum is mixed. MACD and ROC show a hint of bullish intent, but ADX and Bear Power still favor sellers. The overall tone remains cautious.
🔮 Pi Coin Price Prediction Scenarios
Bullish Scenario: A clean break above $0.64 could push Pi Coin toward $0.66. If $0.6650 breaks with volume, short-term upside may open toward $0.70.
Neutral Scenario: Continuation of sideways movement between $0.61 and $0.64 as buyers and sellers cancel each other out.
Bearish Scenario: A failure to hold $0.62 could lead back to $0.60 support. A breakdown below $0.60 may trigger further selling pressure.
🧠 Wrapping Up
Pi Coin price is hovering at a pivot point. Despite a small price bump and rising volume, buyers haven’t shown enough strength to take control. With mixed indicators and range-bound price action, traders are watching for a decisive move out of the $0.61–$0.64 channel. Until that happens, short-term expectations remain muted.
Read Also: Coinbase Snubs Kaspa Again, Plans to List Fartcoin: Kaspa Analyst Explains Why This Is Good
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