Why Pi Coin Price Might Never Fall Under $1 Again – Could Binance Listing Be a Game Changer?
Pi Coin has shown resilience following a recent price dip, trading at $1.73. The token has attracted strong interest from buyers, with trading volume rising significantly. Market watchers are now focused on whether Pi Coin can sustain its value or if further declines are possible.
The community remains engaged as speculation grows over the potential Binance listing, which could influence price movement. Some investors express concerns about the possibility of Pi Coin price falling below $1, but proponents argue that the asset’s true value extends beyond its current exchange price.
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Pi Coin Market Trends and Price Analysis
The PI trading chart reflects recent volatility, with the price reaching a 24-hour high of $2.2695 and a low of $1.6607. After a sharp climb earlier, the token faced selling pressure, causing a steady decline. The moving averages show downward momentum: MA(5) is at $1.7533, MA(10) at $1.8061, and MA(20) at $1.8985.
Key support is around $1.66, with resistance near $2.26. If PI’s price stays above support, we might see a bounce back. However, a drop below $1.66 might push the token toward the $1.50-$1.45 range.
Community Speculation Ahead of Pi Day
Social media discussions highlight growing speculation within the Pi community. Crypto expert WoodyLightyearx reassures holders that Pi has never been traded at its real value, suggesting that concerns over price drops may be unwarranted. The tweet also references Pi Day, an upcoming event that could influence sentiment and market activity.
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Moreso, veteran analyst Pushpendrakum reveals that Binance is still reviewing Pi for listing. Despite receiving 87.1% of votes in favor, the exchange cites technical and community factors in its decision-making process. The post also questions Binance’s approach, pointing out that other tokens, like Trump Coin, have been listed in under 24 hours.
Many in the Pi community believe that a Binance listing would provide greater exposure and liquidity, potentially leading to increased demand. With ongoing discussions and Pi Day approaching, investors are monitoring developments that could shape the Pi Coin’s price trajectory in the coming weeks.
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