- Pi trades $ 0.57.
- The 24-hour trading volume has jumped 31%.
The series of recovery tests has brought an unspecified mood to the crypto market. When reading the index of fear and greed, the general feeling is neutral. In the meantime, PI has made a definite loss of more than 5.90%.
Negative adjustment may persist after testing significant obstacles between $ 0.58 and $ 0.64. Pi opened the day trading About $ 0.6218. Potential bears were controlled and sent the price to the lowest to about $ 0.5716.
During this writing, PI is estimated at $ 0.5761, the ceiling of the market reaches $ 4.01 billion. Namely, the daily trading volume has increased by over 31.48%, touching $ 104 million.
Is PI facing a potential decline in front?
PI has a clear shift in the negative territory, with the formation of a red candlestick. As a result, the property could find its vital support in the range of $ 0.5730. A strong negative adjustment would further emphasize and bring the price to $ 0.55.
If the PI's price activity turns green, jumping to $ 0.5838 is likely to be raised to bulls, pushing the property back to the recent highest level. The emergence of a golden cross can begin with a rally and try to re -examine the 1 -Dollar border.
The line and signal line of the moving medium approach (MACD) are located under the zero line. It shows a strong coarse momentum with continued weakness. In addition, the Chaikin Cash Flow (CMF) indicator refers to the -0.04 asset to a small negative cash flow and light sales pressure.
In addition, the daily relative relative strength index (RSI) gives the property at 18.90, which transmits property for sale conditionAnd this may be due to reversal or return. Pi Bull Bear Power (BBP) Ex reading of -0.0598 indicates that bears are under the market control.
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