Pi coin price has seen some heavy movement over the past week. After hitting a high of around $1.60 on May 12, PI price dropped sharply, losing over 55% of its value in just a few days. It fell as low as $0.66 before managing to bounce back slightly.
Yesterday, Pi coin price has mostly moved between $0.69 and $0.75, which aligns closely with our previous bearish prediction. We mentioned yesterday that a breakdown below $0.70 could open the door for a slide toward $0.65 or $0.60, and the price briefly touched that region before recovering.
Now, the key area to watch is the $0.69 level. If the PI price holds this support, we could see a slight move upward or a consolidation phase begin. But if it breaks below, that would signal further weakness.
What you'll learn 👉
Indicator Insights from the Hourly Chart
Here’s a breakdown of the latest hourly chart indicators for Pi price on Investing.com. Each indicator gives us clues about what traders are doing and how the price could move next:
| Indicator | Value | Interpretation |
|---|---|---|
| Relative Strength Index (RSI 14) | 45.752 | This shows momentum and is currently neutral. Since it’s below 50, it suggests the market isn’t showing strong buying pressure yet. |
| Stochastic Oscillator (STOCH 9,6) | 58.253 | This is slightly bullish. It means Pi coin price may be recovering from an oversold area, signaling a short-term buy possibility. |
| MACD (12,26) | 0 | A zero reading suggests balance between buyers and sellers. The slight “buy” signal shows a possible start of upward momentum. |
| ADX (14) | 19.772 | ADX measures trend strength. Below 20 means there is no strong trend, so the Pi coin price is in a sideways or weak phase. |
| Ultimate Oscillator | 39.278 | This is leaning bearish. A reading below 50 suggests downward pressure still dominates for now. |
| Rate of Change (ROC) | -1.453 | A negative ROC shows Pi coin price is slightly declining. It confirms the current bearish momentum. |
Moving Averages: What They Tell Us About PI Price
The moving averages are leaning mostly bearish for now. The 20-period and 50-period moving averages are both below the current price of $0.73, which shows the coin is under short-term pressure. The MA20 and MA50 are acting as dynamic resistance levels, meaning price keeps getting pushed down when it tries to rise.
Interestingly, the 100-period moving average is showing a buy signal. This suggests that the current price is higher than where it was over the past 100 hours, possibly indicating the beginning of a trend reversal or a sign that the coin is trying to regain its footing.
However, the 200-period moving average is still high at around $0.88, far above the current PI price. This confirms that in the bigger picture, the asset remains in a broader downtrend.
PI Coin Prediction for Today (May 21)
Bullish Case:
If the Pi coin price holds above $0.70 and manages to flip $0.75 into support, we could see a fresh move up toward the $0.80 region. Momentum indicators like the MACD and Stochastic support this short-term recovery outlook.
Bearish Case:
If the support at $0.69 fails and sellers gain control, the next stop could be $0.65 or even lower. The downward pressure shown by ROC and Ultimate Oscillator supports this weaker scenario.
Read Also: How Much Will 2,000 Kaspa Tokens Be Worth in 2026? KAS Price Prediction
Neutral Case:
If price stays trapped between $0.69 and $0.75, the day could end in sideways action. Low ADX values and a flat MACD also point to a lack of clear trend, which fits this range-bound scenario.
In all, the Pi price today is in a delicate spot. While short-term momentum could push it higher, a lot depends on whether the $0.69 support continues to hold. Keep an eye on that level throughout the day.
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