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Pi Coin Price Prediction Today ( on the 2nd of month 4)
After predicting that the price of Pi Coin could face selling pressure near the main support zone, that is exactly what we are seeing today. Although this token has not yet broken below this zone, it continues to fluctuate nearby, with no clear signs of recovery so far. The price of Pi Coin is trading around $0.70 at the time of the press report. According to daily technical analysis, things do not look good; almost everything is flashing a "strong sell" signal, including technical indicators and moving averages. Yes, sellers are still in control at this moment. So where will the price of Pi Coin head today? Let's take a look at some key technical indicators on the daily timeframe. Technical Analysis of Pi Coin The change rate (ROC) is currently at -38.02, indicating strong negative momentum. This sharp decline signals that the price of Pi Coin has dropped significantly compared to recent periods. Such values often reflect continuous selling activity and a gradual decrease in interest from buyers. The Relative Strength Index (RSI) is at 25.637, pushing the price of Pi deep into the zone of overselling. When the RSI falls below 30, this indicates that sellers have been in control for a period of time. This could open the door for a potential recovery, but there are still no signs that buyers are participating. MACD (12,26) shows a value of -0.019. This negative index confirms that short-term momentum is lower than the long-term trend. It reinforces the current bearish outlook, although the distance from the zero line indicates that the momentum is not too strong. The commodity channel index (CCI) is at -126.05. A CCI below -100 indicates that the asset is trading significantly lower than its historical average, often signaling a prolonged downward trend. This aligns with the overall picture of market weakness.
The Ultimate Oscillator is at 35.566, indicating that buying pressure remains low across short, medium, and long-term time frames. Indicators below 50 typically mean that the downtrend is still ongoing. Finally, the Bull/Bear Power stands at -0.3786. This negative value reflects that sellers still dominate over buyers, contributing to the continuous downside risk for Pi Coin. Price Prediction for Pi Coin Based on the daily chart and all technical indicators, Pi Coin is still under strong downward pressure. Discount Script If selling pressure persists, we may see the price of Pi Coin slide further. A drop to the range of $0.68–$0.70 seems quite realistic. And if the market is weaker, it could even drop to near $0.65 before finding stronger support. Price Increase Script On the other hand, if buyers decide to step in and defend these levels, we could see a short-term recovery. If that happens, the Pi coin could rise back to the zone $0.74–$0.76. But to be honest, that would require a significant increase in trading volume or some kind of momentum shift. Today's Call At this rate, the price of Pi Coin could fluctuate somewhere between $0.68 and $0.73 today. Unless something changes quickly, the price is likely to drop to a lower level within that range.