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Forecasts for Pi Network (PI) Value for the Current Week
Following its pinnacle at $3, PI underwent a correction bringing its value down to $1.2 over the previous weekend. However, buyers quickly stepped in and drove the price back up towards the key resistance level of $1.5.
The resistance has not broken yet, but another attempt is expected soon. The current correction could end if buyers manage to push PI above $1.5 and establish it as a key support level.
If they succeed, this digital currency might experience a significant relief rally, potentially moving towards the $1.8 mark. On the 4h MACD, there are clear signs of bullish momentum which may prompt buyers to attempt a clear break above $1.5.
If this happens, the current correction could end, and this digital currency could resume an uptrend, potentially surpassing the $1.8 mark.209:33
Following its pinnacle at $3, PI underwent a correction bringing its value down to $1.2 over the previous weekend. However, buyers quickly stepped in and drove the price back up towards the key resistance level of $1.5.
The resistance has not broken yet, but another attempt is expected soon. The current correction could end if buyers manage to push PI above $1.5 and establish it as a key support level.
If they succeed, this digital currency might experience a significant relief rally, potentially moving towards the $1.8 mark. On the 4h MACD, there are clear signs of bullish momentum which may prompt buyers to attempt a clear break above $1.5.
If this happens, the current correction could end, and this digital currency could resume an uptrend, potentially surpassing the $1.8 mark.209:33
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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