#Pi

Trade Pi now . . bull Run is coming❤❤❤❤❤

𝙋𝙞 𝘾𝙤𝙞𝙣 𝙋𝙧𝙞𝙘𝙚 𝙋𝙧𝙚𝙙𝙞𝙘𝙩𝙞𝙤𝙣 𝘼𝙨 𝙈𝙮𝙨𝙩𝙚𝙧𝙞𝙤𝙪𝙨 𝙒𝙝𝙖𝙡𝙚 𝘽𝙪𝙮𝙨 350𝙈 𝙏𝙤𝙠𝙚𝙣𝙨- 𝘽𝙤𝙡𝙡𝙞𝙣𝙜𝙚𝙧 𝘽𝙖𝙣𝙙𝙨 𝙃𝙞𝙣𝙩 𝙍𝙚𝙘𝙤𝙫𝙚𝙧𝙮 𝙩𝙤 $0.53

Pi Coin price trades at $0.354 today, August 4, with a 2.94% drop in 24 hours. It reached its lowest price of $0.32 on Friday, but with Bollinger bands expanding, there is the question of whether this means recovery will happen.

During the second week of May, Pi Coin’s Bollinger bands started to expand. Afterwards, the price of Pi Network surged by more than 65%. In fact, it moved from $0.58 to $1.67 within five days.

This expansion is happening again. Right after the Pi Coin price reached its lowest level of $0.32 on Friday, the divergence between the lower and upper bollingers started increasing. If what happened in May is anything to go by, it means that the Pi Network price is at a crucial juncture.

Replicating the 65% rally that happened in May means Pi Coin will get to $0.584. However, gains do not happen the same way that they did in the past. What this means is the token’s most probable move would be a climb toward the 61.8% Fibonacci. This level sits at $0.58.

The RSI is favoring this forecast. Given that it is oversold, sellers do not have much juice left in them. When they are not dumping, the price might flatten around its newest low levels. This could look like a new bottom has been found.

When this whale is buying at such a speed, it might minimize the impact of the tokens that are going to be unlocked this month. More than 155 million PI tokens will be moved from their locked status in August alone.