The Pi Coin price exchanged flat yesterday, oscillating around the $ 0.60 bar. Our previous price prediction noted that maintenance above $ 0.60 and the breakthrough of $ 0.65 could open a lane to a range of 0.66 to 0.67 $. However, the price failed to grow and remained in a tight range.
Let's see where the price of the PI network could be directed today.
Pi Coin graphic analysis
Pi Coin is traded at $ 0.6051 on the daily graphic. The price has flattened with low volatility after trying to break over a descending trend line. A small attempt to rebound after the bottom of the beginning of April did not generate solid upright candles, showing a low follow -up of buyers.
Since the end of February, the price of the PI part has been down regularly, each peak and the lower lower than the last. The main assistance area is between $ 0.44 and $ 0.47, where buyers intervened before to prevent the price from lowering. For any real recovery to occur, the price must pierce the resistance between $ 0.62 and $ 0.63.
The short -term trend seems neutral to slightly lower. Price compression between $ 0.45 and $ 0.65 suggests that the market is waiting for a catalyst. Until then, the movement laterally is likely, the sellers having slightly the upper hand.
Daily technical indicators
Daily indicators suggest a low momentum for the price of the PI room. The MacD remains in negative territory, confirming continuous downward pressure.
| Indicator | Value | Interpretation |
| MacD (12.26) | -0.064 | Momentum lowering always present |
| CCI (14) | -145,7456 | Deeply occurring, but not yet rebound |
| Ultimate oscillator | -5.686 | Momentum negative, sales pressure |
| ROC (change rate) | -5.686 | Momentum negative, sales pressure |
| Bull / Bear Power (13) | -0.049 | Port a little stronger |
In addition, the ultimate oscillator reads 47.713, which indicates a low sales pressure but not enough strength to confirm a bullish change. Meanwhile, the change rate (ROC) is negative, the signaling continued to lower the momentum downwards.
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PI Pion Price predictions for April 29
If Pi Coin is above $ 0.60 and last the resistance area of $ 0.65, it could try a movement to $ 0.66 to $ 0.67. However, given the negative macD and the reading of the low ultimate oscillator, any bullish movement would require strong volume support.
In terms of decrease, if the Pi Coin price slides below $ 0.60, it could quickly drop to the $ 0.50 area. A deeper decision could even retain the support area from $ 0.45 to $ 0.47 if the wider feeling of the market is weakening. The lower technical indicators suggest that sellers are still in control, unless the Piage Piage can be staged a decisive break.
For today, the price of the PI piece seems mainly neutral to lowering. Look at these key prices: $ 0.60 (support) and $ 0.65 (resistance). Remember that what's going on with Bitcoin will likely affect the Pi Coin price in the coming days.
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