APPU_2005
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Bullish
SOMTHING STRONG SIGNAL OF #pi #PiCoreTeam
Pi Coin Price Has Strong Technicals
Further, Pi coin price has strong technicals that may push its price higher in the longer term. The hourly chart shows that its recent plunge ended when it bottomed at $1.5177, the 61.8% Fibonacci Retracement level. This is a crucial price since most pullbacks happen when it hits that level.
The value of Pi has also formed a falling wedge pattern, and has already moved above the upper side as the two lines neared their convergence. It has also formed a small double-top pattern at $1.6213, while the Percentage Price Oscillator and the RSI have formed a bullish divergence pattern.
Pi Network Price Chart
Pi Network Price Chart
Therefore, the Pi Network price will likely bounce back and hit its all-time high of $3, followed by the value of Pi at $3.14. A drop below the 61.8% retracement level will invalidate the bullish outlook.
Frequently Asked Questions
Which are the top catalysts for the Pi Network price?
The top 3 catalysts for the Pi Network price are its growing adoption, bullish divergence and falling wedge, and it is a Made in USA coin.
How high can the Pi Coin price surge?
The Pi coin price will likely soar and then hit the key resistance level at $3, followed by the value of Pi at $3.14.
Is Pi coin a good buy?
Technicals and fundamentals point to a strong rebound in the near term, making it a good token to buy.#PiCoreTeam
Pi Coin Price Has Strong Technicals
Further, Pi coin price has strong technicals that may push its price higher in the longer term. The hourly chart shows that its recent plunge ended when it bottomed at $1.5177, the 61.8% Fibonacci Retracement level. This is a crucial price since most pullbacks happen when it hits that level.
The value of Pi has also formed a falling wedge pattern, and has already moved above the upper side as the two lines neared their convergence. It has also formed a small double-top pattern at $1.6213, while the Percentage Price Oscillator and the RSI have formed a bullish divergence pattern.
Pi Network Price Chart
Pi Network Price Chart
Therefore, the Pi Network price will likely bounce back and hit its all-time high of $3, followed by the value of Pi at $3.14. A drop below the 61.8% retracement level will invalidate the bullish outlook.
Frequently Asked Questions
Which are the top catalysts for the Pi Network price?
The top 3 catalysts for the Pi Network price are its growing adoption, bullish divergence and falling wedge, and it is a Made in USA coin.
How high can the Pi Coin price surge?
The Pi coin price will likely soar and then hit the key resistance level at $3, followed by the value of Pi at $3.14.
Is Pi coin a good buy?
Technicals and fundamentals point to a strong rebound in the near term, making it a good token to buy.#PiCoreTeam
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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