đ¨đ¨đ¨Yesterdayâs prediction hinted at a possible dip below $0.60, and thatâs exactly what happened. Pi Coin took a sharp hit and is trading around $0.5609, down 14.07% in the last 24 hours. The drop isnât just limited to Pi Coin, though; itâs part of a wider crypto sell-off, with the overall market down nearly 9% today.
The drop confirms that bearish pressure remains dominant, and technical indicators lean heavily in that direction. So where could Pi Coin price be heading today? Letâs look at the latest data.
The Relative Strength Index (RSI) is currently at 27.306, placing Pi Coin well into oversold territory. When RSI dips below 30, it signals that sellers have been in control for an extended period. While this could set the stage for a short pause or bounce, the market hasnât shown signs of recovery just yet.
MACD (12,26)Â is also trending bearish at -0.083, with the short-term momentum still underperforming the long-term average. The gap between MACD and its signal line suggests that the trend is still actively pushing lower.
The Commodity Channel Index (CCI) sits at -109.3892, showing that Pi Coin price is trading far below its average. This level of divergence from the mean is consistent with ongoing selling pressure, with no visible signs of reversal.
According to current market conditions and technical indicators, Pi Coin price is expected to trade between $0.54 and $0.60 today. The overall bias leans bearish unless short-term momentum shifts.