We expected Pi Coin to trade between $0.85 and $0.95 yesterday, and that’s exactly what happened. It ended the day around $0.8842, staying well within the predicted range.
The bearish pressure is still there, just as we anticipated, with weak momentum and low buying interest keeping the price under pressure. Over the last seven days, Pi Coin price has dropped over 22.40%, and so far, there’s still no clear sign of a reversal.
With most technical indicators looking pretty much the same, today’s outlook is still leaning bearish. So, let’s break down the latest daily signals to see where Pi Coin might be heading next.
What you'll learn 👉
Technical Indicators Analysis
The Rate of Change (ROC) stands at -37.254, indicating strong downside momentum. This steep negative figure shows that the coin’s price has dropped sharply compared to previous sessions, pointing to continued bearish strength in the market.
The Ultimate Oscillator sits at 39.507, remaining well below the neutral 50 level. This indicates weak buying interest across different time frames and suggests potential continued downward price movement in the near term.
The Relative Strength Index (RSI) is at 30.391, just hovering above the oversold threshold of 30. While this suggests Pi Coin price is close to being oversold, it also means there could be short-term stabilization or a minor rebound if buying interest returns.
The Commodity Channel Index (CCI) is at -100.9875, sitting right at the edge of extreme bearish territory. This reading confirms significant selling pressure and reinforces the current bearish market trend.
Most technical indicators are signaling bearish momentum, though the Moving Average Convergence Divergence (MACD) is at 0.072. This slightly positive value suggests a possible early shift in momentum. However, the signal is still weak and not enough to override the broader sell signals.
The Bull/Bear Power indicator is at -0.4448, clearly showing that bears are controlling market sentiment. This further validates the current market environment’s dominance by sellers.
Read Also: Ethena (ENA) Price Surges Past Resistance as Bullish Momentum Builds Toward a 10x Spike
Pi Coin Price Prediction
Based on the current readings from key technical indicators, Pi Coin is displaying continued bearish pressure.
Bearish Scenario: If the current trend remains intact, Pi Coin price could test lower support levels between $0.70 and $0.75. The strong negative ROC and low oscillator readings support this outlook.
Bullish Scenario: A minor recovery is possible if the RSI triggers short-term buying and the MACD shifts further into positive territory. This could push Pi Coin back toward the $0.95–$1.00 range, but only if volume increases.
Today’s Prediction: Considering the available data, Pi Coin price is expected to trade between $0.85 and $0.95 today, with a leaning toward the lower end of this range.
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