Pi Coin is holding up near $0.6209 after a 3.67% gain over the past day, but the picture isn’t as clear-cut as it looks. Yesterday’s prediction leaned toward a bearish-to-neutral outlook, and that seems to be playing out. We highlighted that $0.58 was the key level to watch, and so far, it’s held. That support gave Pi Coin price enough room for a short-term bounce, but the broader technical setup hasn’t shifted much.
The move higher wasn’t rejected outright, but it’s also not backed by strong momentum. Most indicators are still pointing south, which suggests that this recovery might not have much fuel behind it.
Right now, Pi Coin price is hovering in a zone of uncertainty. A drop below $0.60 could invite more downside, potentially toward $0.55. On the flip side, if bulls can push the price convincingly above $0.65, we might see a short-term breakout attempt.
It’s a wait-and-watch moment for traders. Let’s break down the latest technical signals and what they mean for today’s action.
What you'll learn 👉
Technical Indicators Analysis
The Relative Strength Index (RSI) is sitting at 36.76, which is below the neutral 50 level. This points to weak buying strength and continued control by sellers. While it’s not in oversold territory yet, it’s getting closer, which means a short-term bounce remains possible if volume supports it.
The MACD (12,26) stands at -0.091 with no bullish crossover in sight. Pi Coin price continues to show bearish momentum. The histogram also remains negative, offering no signs yet of a trend reversal.
The Commodity Channel Index (CCI) is at -17.10, which is close to neutral territory. This suggests that Pi Coin isn’t strongly oversold or overbought at this point. It’s more of a signal of market indecision than directional strength.
The Ultimate Oscillator is at 43.37. That’s below the midpoint of 50, showing that sellers remain slightly stronger than buyers across multiple timeframes.
The Rate of Change (ROC) comes in at -8.086, a rare outlier among the indicators. This value technically suggests a buy, but only because the price has dropped quickly. It doesn’t signal a trend reversal — more like a bounce candidate.
The Bull/Bear Power (13) is at -0.0912, confirming continued bearish control in the market. Bulls have not yet stepped in with any force.
Read Also: How High Does Onyxcoin (XCN) Price Need to Go to Turn $10-15K Investment Into $1 Million?
Pi Coin Price Outlook for April 18
As long as the $0.58 support holds, Pi Coin price may continue to trade within the $0.60–$0.62 range. A breakout above $0.65 could shift the bias slightly upward, opening the door to $0.68 and possibly $0.70 in the short term.
However, if $0.58 fails to hold, the price could fall toward $0.55. A clean drop below $0.55 would open up room for lower retests, especially with no bullish divergences showing on the chart.
For today, the Pi Coin price structure remains bearish-to-neutral. A bounce is possible but lacks technical support so far. All eyes are on the $0.58–$0.60 zone, which will likely determine the next move.
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