#Pi

Trade Pi now . . strong bullish sentiments❤❤❤❤❤❤

𝙋𝙞 𝘾𝙤𝙞𝙣 𝙋𝙧𝙞𝙘𝙚 𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝘾𝙤𝙣𝙛𝙞𝙧𝙢𝙨 𝘽𝙪𝙮 𝙎𝙞𝙜𝙣𝙖𝙡 𝘿𝙚𝙨𝙥𝙞𝙩𝙚 2𝙈 𝙀𝙭𝙘𝙝𝙖𝙣𝙜𝙚 𝙄𝙣𝙛𝙡𝙤𝙬𝙨

Pi Coin price has been dropping, but a positive sign has now appeared to show that it is likely for the token to recover, as buyers might soon enter the market again. However, this sign has also not stopped sellers from dumping their coins, as two million PI tokens have been moved to different exchanges in the last 24 hours. Pi Coin is trading at $0.44 today, July 19, with a 1.23% increase in 24 hours.

The major sign suggesting that it might be the right time for the Pi Network token to recover is the MACD, which has made a bullish move that traders might respond to and start buying more coins. This sign appeared last week, and since then, it has been rising, reducing concerns that Pi Network might crash to an all-time low below $0.40.

This sign was forming at around the same time that the Pi Coin price was trading within a downwards sloping parallel channel, as sellers continued to cause the decline in price since late May. Because of the effect that this movement usually has on the price, PI has now moved above the middle of the channel, which further shows that buying activity has been rising

Pi Network will confirm the end of the declining price and the beginning of gains if the price can move above the resistance of $0.53. Such a move will confirm a recent analysis by CoinGape stating that Pi Coin might rally to $0.52 after Bollinger bands narrowed to indicate that the price was about to make a major move.

Additionally, there has been an increase in Pi Network’s open interest, which also raises the chances of the price recording more gains soon because as investors bet on how PI is going to perform in the future, the price might undergo violent moves that could be good for bullish traders