Pi Coin Price Prediction for Today (April 6)

After yesterday’s prediction played out quite closely, Pi Coin has now broken above the $0.65 target zone we discussed. Pi Coin sits around $0.6557 at writing, marking a 46.16% increase in the last 24 hours.

While the surge looks strong on the surface, today’s daily technical indicators are flashing caution. Most key indicators are still leaning bearish, even with the price pump. So, where is Pi Coin price likely to go from here? Let’s break it down.

Technical Indicators Analysis

Looking at the Relative Strength Index (RSI), it’s sitting at 30.6, which places Pi Coin price just above oversold territory. While this doesn’t confirm a rebound, it does show the recent buying hasn’t shifted overall market momentum yet. The market still shows signs of exhaustion after the rally.

The MACD is currently at -0.073, remaining in bearish territory. That negative crossover suggests short-term momentum hasn’t fully caught up with the sudden price jump. Unless we see a reversal, sellers are likely to maintain control in the near term.

The CCI (Commodity Channel Index) is at -76.63, still below neutral. This tells us Pi Coin price is trading below its average price, which aligns with continued selling pressure across the board.

The Ultimate Oscillator is reading 40.542, which also signals that buying volume isn’t strong enough to support a sustained breakout. It would need to cross 50 to indicate a more bullish shift.

Image Source: investing.com/Pi

As for the Rate of Change (ROC), it’s at -31.607, pointing to a rapid recent price movement that may have been overextended. This kind of negative momentum usually follows aggressive rallies that can’t be held without strong buyer support.

The Bull/Bear Power (13) is at -0.1922, showing that bears are still stronger than bulls at the moment. Even with a price increase, sellers haven’t backed off fully.

Read Also: How Much Could Internet Computer (ICP) Be Worth by the End of 2025?

Pi Coin Price Prediction

Bearish Scenario:

If Pi Coin fails to build on the momentum from the price jump, it could pull back toward the $0.58–$0.60 zone. Key indicators like MACD, ROC, and CCI still show downward pressure that hasn’t fully eased.

Bullish Scenario:

If buyers manage to hold the price above $0.65, there’s a possibility of a further push toward $0.72, especially if volume increases. This level was highlighted as a potential target if $0.65 was breached.

Today’s Prediction:

Based on the current setup, Pi Coin price is expected to trade between $0.63 and $0.71 today. Momentum remains fragile, and unless strong buyer interest steps in, the market bias leans slightly bearish.

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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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