Pi Coin Price Prediction for Today (April 2)

After anticipating that Pi Coin price could face selling pressure near key support, that’s exactly what we’re seeing today. While the token hasn’t broken below the zone yet, it continues to hover close to it, with no clear recovery signs so far. The Pi Coin price is trading around $0.70 range at press time.

According to the daily technical analysis, things aren’t looking too great; almost everything is flashing “strong sell” signals, including both technical indicators and moving averages. So yeah, sellers are still in control at the moment.

So, where is Pi Coin’s price headed today? Let’s review some key technical indicators on the daily timeframe.

Pi Coin Technical Indicators Analysis

The Rate of Change (ROC) is currently at -38.02, indicating strong negative momentum. This steep decline signals that Pi Coin’s price has fallen sharply compared to recent periods. Such values often reflect sustained selling activity and waning interest from buyers.

The Relative Strength Index (RSI) is at 25.637, pushing Pi coin price deep into oversold territory. When RSI falls below 30, it suggests that sellers have been in control for some time. This may open the door for a potential bounce, but there’s no indication yet that buyers are stepping in.

The MACD (12,26) shows a value of -0.019. This negative reading confirms that short-term momentum is below long-term trends. It reinforces the current bearish outlook, though the distance from the zero line suggests the momentum isn’t extremely aggressive.

The Commodity Channel Index (CCI) stands at -126.05. A CCI below -100 shows that the asset is trading far below its historical average, typically pointing to an extended downtrend. This aligns with the general picture of market weakness.

 Image Source: investing.com/pi

The Ultimate Oscillator is at 35.566, signaling that buying pressure remains low across short, medium, and long-term timeframes. Readings below 50 typically mean the bearish trend is still in play.

Lastly, Bull/Bear Power is at -0.3786. This negative value reflects that sellers remain more dominant than buyers, contributing to continued downside risk for Pi Coin.

Pi Coin Price Prediction

Based on the daily chart and all technical indicators, Pi Coin remains under strong bearish pressure.

Bearish Scenario:

If the selling pressure sticks around, we could see Pi Coin price slide even further. A drop to the $0.68–$0.70 range looks pretty realistic. And if the market gets weaker, there’s even a chance it dips closer to $0.65 before finding stronger support.

Bullish Scenario:

On the flip side, if buyers decide to step in and defend these levels, we might see a short-term bounce. If that happens, Pi coin could push back up toward the $0.74–$0.76 area. But honestly, that would need a decent spike in trading volume or some kind of momentum shift.

Today’s Call:

At this rate, Pi Coin price will probably hover somewhere between $0.68 and $0.73 today. Unless something changes fast, it’s more likely to lean toward the lower end of that range.

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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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