Pi price is showing signs of an upcoming rebound, with yesterday closing slightly green, and it is already seeing some green today as well. The price bounced from around $0.60 three days ago.
That’s the second time in a week it has done that, which suggests that buyers are stepping in around that zone. The bounce rejected further downside, and yesterday’s mild uptick seems to be continuing this morning.
Right now, the price of Pi coin is trading at around $0.63. This is still down by about 20% over the past two weeks, and roughly 60% over the past month. Overall, the Pi Network price is still under pressure due to lingering negative sentiment across the ecosystem.
While we cannot yet call this a bullish trend reversal, small price upticks like this are common, even in prolonged downtrends. So for now, what we are seeing may be a temporary retracement.
That could change if Pi coin breaks above important resistance levels. From where the price is currently sitting around $0.629, key resistance lies at $0.64 and $0.66. Support levels to keep an eye on are $0.62 and the crucial $0.60 level.
What you'll learn 👉
What We Got Right Yesterday
In our yesterday’s update, we gave a neutral-to-realistic scenario and projected that the Pi coin price might hover between $0.61 and $0.63. That is exactly what we are seeing right now.
The selling pressure appears to be cooling down a bit, and there’s more room for the price to move sideways or even push slightly higher if momentum builds.
To get a clearer sense of what’s going on, we checked the technical indicators on Investing.com’s 5-hour chart. Here is what they currently show:
| Name | Value | Action |
|---|---|---|
| RSI (Relative Strength Index, 14) | 42.347 | Sell |
| STOCH (Stochastic Oscillator, 9,6) | 38.877 | Sell |
| MACD (Moving Average Convergence Divergence, 12,26) | -0.012 | Sell |
| CCI (Commodity Channel Index, 14) | -32.9611 | Neutral |
| ATR (Average True Range, 14) | 0.0115 | High Volatility |
| Highs/Lows (14) | 0 | Neutral |
| Ultimate Oscillator | 55.883 | Buy |
What These Indicators Say About Pi Coin Price
The majority of these indicators are still pointing to a bearish outlook in the short term. The RSI is below 50, showing weak momentum. Both the Stochastic Oscillator and MACD are also flashing “Sell,” which suggests that any current bounce could be limited or short-lived unless more buyers step in.
The Commodity Channel Index is hovering near neutral territory, which may mean that Pi coin is not overbought or oversold at the moment.
Meanwhile, the ATR indicates high volatility, so we could continue to see sudden price swings in either direction. Interestingly, the Ultimate Oscillator is showing a “Buy” signal, which hints at a possible underlying shift in momentum.
This mix of signals shows that while the Pi coin price is still under pressure, it might be entering a short-term stabilization phase.
Pi Coin Price Prediction for Today
Today’s outlook for the Pi Network price remains cautious but slightly more optimistic than earlier in the week.
Bearish Scenario:
If the resistance at $0.64 holds and sellers regain control, the price could fall back to $0.62 or even test the $0.60 support again. A break below $0.60 could lead to stronger selling and further drops.
Neutral Scenario:
The price could continue moving sideways between $0.61 and $0.64, as momentum indicators stay mixed and sentiment tries to reset. This would reflect a market still unsure of its next move.
Read Also: Analyst Warns: Don’t Buy SUI Right Now – Here’s Why
Bullish Scenario:
If the price breaks and holds above $0.64, we may see Pi coin attempt a push toward $0.66. A clean move past that level with strong volume could trigger more buying interest and open up higher levels, at least in the short term.
For now, traders and holders should keep an eye on how the price behaves around the $0.64 and $0.60 zones. Those levels will likely define today’s direction for Pi coin.
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