The Pi Coin price traded flat yesterday, hovering around the $0.60 mark. Our previous price prediction noted that holding above $0.60 and breaking through $0.65 could open a path toward the $0.66–$0.67 range. However, the price failed to gain momentum and stayed within a tight range.
Let’s see where the Pi Network price could be headed today.
Pi Coin Chart Analysis
Pi Coin is trading at $0.6051 on the daily chart. The price flattened with low volatility after attempting to break above a descending trendline. A small bounce attempt after the early April lows did not generate strong bullish candles, showing weak follow-through from buyers.
Since late February, Pi Coin price has been falling steadily, with each peak and bottom lower than the last. The main support area sits between $0.44 and $0.47, where buyers have stepped in before to stop the price from dropping further. For any real recovery to happen, the price needs to break through the resistance around $0.62-$0.63.
The short-term trend appears neutral to slightly bearish. Price compression between $0.45 and $0.65 suggests the market is waiting for a catalyst. Until then, sideways movement is likely, with sellers slightly having the upper hand.
Source: TradingView.com Daily Technical Indicators
The daily indicators suggest weak momentum for Pi Coin price. The MACD remains in negative territory, confirming ongoing bearish pressure.
Indicator Value Interpretation MACD (12,26) -0.064 Bearish momentum still present CCI (14) -145.7456 Deeply oversold, but no bounce yet Ultimate Oscillator -5.686 Negative momentum, selling pressure ROC (Rate of Change) -5.686 Negative momentum, selling pressure Bull/Bear Power (13) -0.049 Bears slightly stronger
Moreover, the Ultimate Oscillator reads 47.713, which points to weak selling pressure but not enough strength to confirm a bullish shift. Meanwhile, the Rate of Change (ROC) is negative, signaling continued downward momentum.
Read Also: Will Cardano (ADA) Hit $10? Charles Hoskinson’s Bold Predictions and What Must Happen First
Pi Coin Price Predictions for April 29
If Pi Coin holds above $0.60 and breaks through the $0.65 resistance zone, it could attempt a move toward $0.66–$0.67. However, given the negative MACD and weak Ultimate Oscillator reading, any bullish move would require strong volume support.
On the downside, if Pi Coin price slips below $0.60, it could quickly drop toward the $0.50 zone. A deeper move could even retest the $0.45–$0.47 support area if broader market sentiment weakens. The bearish technical indicators suggest sellers are still in control unless Pi Coin can stage a decisive breakout.
For today, Pi Coin price looks mostly neutral to bearish. Watch those key price points: $0.60 (support) and $0.65 (resistance). Remember that what happens with Bitcoin will probably affect Pi Coin’s price in the coming days.
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