Pi Coin Price Prediction for Today (March 21)

Pi Coin price sits below $1 at writing, reflecting over 22% decrease. Yesterday, we correctly predicted that the price would remain in a consolidation phase, with potential resistance around $1.20-$1.22 and support around $1.15. The price action followed this range, confirming our forecast of limited movement unless strong buying or selling pressure emerged.

With today’s trading session underway, we now analyze whether Pi Coin price can go down further.

Technical Indicators Analysis

ROC is -0.463

The Rate of Change (ROC) indicator at -0.463 signals slight bearish momentum. This suggests that selling pressure remains in play for Pi Coin price, though it is not strong enough to indicate a sharp decline.

Ultimate Oscillator is 51.328

The Ultimate Oscillator reads 51.328, just a bit above the 50 mark. This shows some buying pressure, but not enough to confirm a real uptrend.

RSI(14) is 28

The RSI sits at 28 which is not oversold range. When RSI breaks below 30, this might mean buyers might step in and buy at lower prices since the token is oversold.

Image Source: investing.com/Pi

CCI(14) is -82.0156

The Commodity Channel Index (CCI) is at -82.0156, showing some selling pressure. It hasn’t dropped below -100, so it’s not oversold yet, but there could still be more downward movement for Pi Coin.

MACD(12,26) is 0.005

The MACD is barely positive at 0.005, hinting at a possible bullish shift. But the signal is weak, so any upward move might be limited unless more buyers step in.

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Pi Coin Price Prediction for Today

Looking at these indicators, Pi Coin will probably stay in a holding pattern, moving between $0.90 and $1.10. If buyers push harder, the price might test the $1.10-$1.15 resistance again. A breakout above this level could push the price towards $1.25.

But if sellers take control and push below $0.90 , Pi Coin price could drop toward $0.80. Breaking below that might send it down to the $0.70-$0..75 support zone.

With the RSI around 50 and MACD showing just a hint of bullish movement, don’t expect big price swings soon unless something outside the market changes sentiment. Traders should watch for volume spikes or sudden trend reversals to gauge the next move.

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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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