Pi Coin Price Prediction for Today (March 30)

After predicting that Pi Coin might face rejection near the middle Bollinger Band and fall below the $0.82 level yesterday, that’s exactly what played out. The coin is currently down 4.46% over the past day, now trading around $0.7934. This continues the downward trend that’s been forming over the past week.

With bearish momentum increasing, where could Pi Coin price head next? Let’s take a look at the daily technical indicators.

Technical Indicators Analysis

The Relative Strength Index (RSI) is 27.715, firmly in oversold territory. Sellers have dominated recent sessions, pushing prices down hard. This might lead to a short-term bounce, but we don’t have confirmation of a reversal yet.

The Moving Average Convergence Divergence (MACD) shows a slight negative value of -0.001. This suggests that bearish momentum still exists for Pi Coin price, and the lack of divergence from the signal line indicates the current trend is holding.

The Commodity Channel Index (CCI) has dropped to -103.5263. A CCI below -100 often signals strong selling activity and that the asset is trading well below its average range. This reinforces the current weakness in the market.

Source: investing.com/pi 

The Ultimate Oscillator reads 33.242, well under the 50 mark. This indicates weak buying pressure and supports the view that the market could continue trending lower.

The Rate of Change (ROC) sits at -43.755. This steep negative number points to a strong price drop compared to previous sessions. This confirms that downward momentum is dominating Pi Coin’s short-term price action.

Lastly, the Bull/Bear Power indicator is at -0.3471, signaling that bearish pressure outweighs bullish attempts. Sellers remain in control of the market at this stage.

Read Also: Is a $150 Price Still Realistic for Polkadot (DOT) This Bull Run?

Pi Coin Price Prediction

Based on the current technical indicators, Pi Coin remains under strong selling pressure.

Bearish Scenario: If the current downtrend holds, Pi Coin price could drift toward the $0.75 support zone. The weak momentum across indicators suggests that a further drop is likely unless buyers step in.

Bullish Scenario: A short-term recovery might happen if Pi finds support at current levels and volume increases. If RSI climbs above 30 and the price moves back above $0.83, we could see a retest of the $0.85-$0.90 range.

Today’s Prediction: With the bearish structure, Pi Coin price will likely trade between $0.77 and $0.81, probably closer to the lower end unless we see a volume-driven bounce.

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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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