Token #Pi# 💜💜💜 Network (PI) may bounce back from the historical minimum.


The pressure to sell the PI token is weakening.
On the daily chart, the MACD indicator for PI is approaching a positive crossover, signaling a potential increase in buying activity. A positive crossover occurs when the MACD line (blue) crosses above the signal line (orange).
This is a bullish signal indicating the strengthening of the asset's short-term dynamics relative to its long-term trend. For PI, this means that interest in buying is increasing and may lead to a price increase in the near future.
The BBTrend indicator for PI shows that the red bars are gradually decreasing since the beginning of the sideways trend. This indicates a decrease in selling pressure and a possible shift towards buying.
The next step of the PI Token depends on demand.
If the demand for PI remains high, it may break through the resistance level at $0.37. Turning this level into support could lead to a rise to $0.44.
If demand weakens, PI may return to a sideways trend or fall below $0.34.
#ltc# #uni# #xlm#
PI0.83%
XLM-0.77%
DOGE-1.76%
LINK-2.09%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-90470ff9vip
· 08-09 04:12
idiot
View OriginalReply1
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)