Yesterday’s analysis pointed to a potential decline toward the $0.54–$0.55 range if bearish pressure persisted. That projection played out as Pi Coin price slipped further, now trading near $0.5844 after a 1.72% decline. The daily technical setup continues to reflect a strong bearish sentiment, with no signs yet of a momentum shift.
Despite the modest losses compared to previous sessions, sellers remain in control. Most technical indicators still lean bearish, keeping downside risk on the table.
So, where could Pi Coin price be heading today? Here’s a closer look at the current indicators and short-term outlook.
What you'll learn 👉
Technical Indicators Analysis
The Relative Strength Index (RSI) is at 30.148, just above the oversold threshold of 30. This shows sellers remain dominant, though the value is close to a level where short-term reversals can form. Still, no bullish divergence has emerged yet.
The MACD (12,26) stands at -0.094. This negative reading indicates that downside momentum continues. A widening MACD histogram further suggests pressure from sellers may persist throughout the day.
The Commodity Channel Index (CCI) reads -69.8616, showing that Pi Coin price is trading below its average range. This supports the current weak trend and suggests limited buyer interest for now.
The Ultimate Oscillator is at 44.158, still under the neutral level of 50. This points to weaker buying activity across multiple timeframes, in line with a bearish setup.
The Rate of Change (ROC) is now at -30.396, showing how quickly prices have been falling lately. When we look at this along with the other indicators, it’s clear that selling pressure is still high.
Bull/Bear Power (13) is currently at -0.1481, signaling that bears are maintaining short-term control over price action.
Read Also: Why Are Hedera (HBAR), Stellar (XLM), and XRP Prices Pumping
Pi Coin Price Prediction
Bearish Scenario:
If selling pressure continues, Pi Coin could fall toward the $0.54–$0.55 support area. ROC, MACD, and CCI still support a bearish bias, pointing to sustained downside risk.
Bullish Scenario:
A potential bounce remains possible if buyers react to oversold conditions. If this happens, Pi Coin price might attempt a move toward the $0.59–$0.61 resistance area. A strong uptick in trading volume and momentum would be required to confirm any recovery attempt.
Today’s Prediction:
Based on current data, Pi Coin price is expected to trade between $0.54 and $0.60. The broader trend remains bearish unless stronger buyer activity emerges during the day.
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