- With a gain of 7%, PI is negotiated at $ 0.6222.
- The daily trading volume jumped more than 232%.
The cryptography market is on the recovery boat. All the main assets shed light on the green graph, breaking the resistance nearby. Among the altcoins, Pi posted a solid increase of more than 7.21% in the last 24 hours.
In the early hours, the asset exchanged a hollow of $ 0.5774, and the upward wave triggered the price to climb to the bar of $ 0.6486. If the crucial resistance areas are tested, powerful upward correction could be reinforced.
At the time of writing the present negotiated In the range of $ 0.6222, with its market capitalization at $ 4.38 billion. At the same time, the daily negotiation volume of the assets increased by more than 232%, reaching 128 million dollars.
Will Pi stay stable or will he slip?
The four -hour pi pi candlestick reports the early recovery stadium. The objective of the assets to a resistance of $ 0.63,42 could lead to a robust upward correction. Assuming that the assets build a bullish area, it could launch a rally, triggering the price of climbing at $ 0.65.
If the bears make a return, it could strengthen the bear pressure, retraced the price at the beach of $ 0.60. A deeper decline correction could lower the assets and could invite the death cross to form, pulling the price at the old stockings.
The line of divergence of Mobile Average Convergence (MacD) is greater than the zero line, indicating a positive momentum. However, the signal line is slightly above. It can probably lose strength or cope with potential consolidation.
In addition, the Chaikin monetary flow indicator (CMF) has set up at 0.19, suggesting a moderate purchase pressure, and the capital takes place in the asset, reflecting the bullish feeling on the market.
The value of the daily relative force of the asset (RSI) of 62.02 signals a slight bullish momentumwhich could tackle the excessive area. This level has room for further before hitting crucial resistance.
Crypto news highlighted
39% jump: will MOG (MOG) break the barriers or run out?
share
