Pi Coin Price Prediction for Today (April 4)

After yesterday’s big drop, Pi Coin has moved well below the expected range. It’s now trading around $0.5645, down 17.03% in the past 24 hours.

This sharp decline follows the same bearish momentum we’ve been tracking over the last several days. The selling pressure has intensified, pushing the price toward new short-term lows. So, where could Pi Coin price go from here? Let’s break down today’s technical indicators.

Technical Indicators Analysis

The Relative Strength Index (RSI) is now sitting at 22.199, deep in oversold territory. When RSI falls this low, it usually means the asset has been heavily sold, and while it can hint at a possible pause or rebound, it doesn’t guarantee a reversal unless momentum shifts.

The MACD sits at -0.043, which still shows bearish momentum. The short-term trend is weaker than the long-term average, and with no bullish crossover in sight, the price could continue slipping.

The CCI (14) is down to -171.024, which reinforces the idea that Pi Coin price is trading far below its recent average. It reflects strong selling pressure and little sign of stabilization at the moment.

Image Source: investing.com/Pi

The Ultimate Oscillator has dropped to 31.19, staying well below the 50 mark. This confirms weak buying activity and ongoing downward pressure, consistent with the other indicators.

Looking at the Rate of Change (ROC), we’re seeing a sharp -46.133. This tells us the pace of the decline is steep, and matches the heavy selloff we’ve seen over the last 24 hours.

Lastly, Bull/Bear Power (13) is at -0.4472, signaling that bears remain firmly in control. Buyers haven’t shown up in any meaningful way yet.

Read Also: Expert Predicts Major XRP Price Rebound as Key Buy Signal Flashes

Pi Coin Price Prediction

Based on today’s data, Pi Coin continues to show strong bearish momentum with no clear signs of recovery.

Bearish Scenario:

If the selling pressure stays this strong, Pi Coin price could fall further toward the $0.52 to $0.50 support zone. Indicators like ROC, MACD, and CCI all support a continued downtrend for now.

Bullish Scenario:

If there’s a bounce from the oversold RSI levels, a short-term move toward $0.60 to $0.63 could happen. But that would require a pickup in volume or a shift in momentum, neither of which are confirmed yet.

Today’s Prediction:

Pi Coin price is expected to trade between $0.52 and $0.60 today. The current bias remains bearish unless new buying interest emerges. The situation on the broader crypto market also does not help the Pi Coin price action.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

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.

CaptainAltcoin
Logo