Pi Coin holders can be fairly happy after Wednesday as the PI price pumped 20% and is now trading around $1.68.
Daily high was around $1.74, while daily low was at $1.40. Pi Coin closed the day way closer to the daily high which is a positive sign.
Investing.com platform offers strong technical indicators for major cryptos and based on these for Pi Coin, they suggest a “buy” right now on a daily timeframe.
RSI is 71 – This means the Relative Strength Index is showing Pi Coin may be in overbought territory. An RSI above 70 typically suggests the asset might be due for a potential cooldown or minor correction, though in strong uptrends, assets can remain overbought for extended periods.
Ultimate Oscillator is 51 – This multi-timeframe momentum indicator is currently neutral, sitting just above the midpoint of its range. This suggests balanced buying and selling pressure, which could indicate stability in the current price movement.
ROC is 6.51 – The Rate of Change indicator being positive shows Pi Coin’s price is gaining momentum compared to previous periods. A ROC of 6.51 indicates decent upward momentum in the price action over the measured timeframe.
What you'll learn 👉
Key Events Affecting Pi Coin
The deadline for Pi Network users to complete Know Your Customer (KYC) verification and migrate their coins to the mainnet is March 14, 2025. This marks the sixth anniversary of the project and is crucial for users to avoid forfeiting their mobile balances.
There is also ongoing speculation about a potential listing of Pi Coin on Binance. A recent survey showed that 86% of Binance users voted in favor of listing Pi, but Binance has not made an official announcement yet. Such a listing could significantly impact Pi Coin’s price.
Pi Coin Price Predictions for Today
Based on the technical indicators and recent developments, Pi Coin may continue its positive momentum today. The strong RSI suggests the coin has significant buying pressure, though traders should be cautious of potential short-term pullbacks as the market digests the recent 20% gain.
The approaching KYC deadline could create additional volatility as users rush to complete verification. If more positive rumors emerge regarding the potential Binance listing, we might see Pi test yesterday’s high of $1.74 again.
However, the neutral Ultimate Oscillator reading suggests traders should watch for signs of momentum loss. Pi Coin might consolidate in the $1.65-$1.72 range today as the market balances recent gains against profit-taking.
The critical support level to watch remains at $1.58, while breaking above $1.75 could open the path to test the $1.80 mark if bullish sentiment continues.
Read also: $1,000 in Pi Coin or Solaxy (SOLX): AI Picks the Altcoin With Better Return Potential
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
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.
