Pi Coin jumped 12.28% in the last 24 hours, reaching $ 0,6004 in the middle of the annual PI2day of the Network PI network, scheduled for June 28. The event should unveil transformators, including an improved KYC process, a main progress roadmap, expansion of the DAPP and integration with AI generative technologies.
That’s not all, speculation of the potential PI lists on centralized scholarships has further intensified the interests of investors. With the feeling of warm -up, the cryptographic community is closely monitored which could be the most pivotal moment of PI to date. And this article takes you through the potential short -term Pi Coin movements.
Coin pi price analysis: Breakout Haussier sends RSI Roagine
The PI Coin Price Action has shown significant force in the last 24 hours. On the 4-hour table, PI broke down decisively above the upper Bollinger strip at $ 0.5868, validating a strong bullish momentum. The price has hit a 24-hour 0.6083 summit, well above the SMA of $ 20.5229, reporting that the bulls took a short-term control.
The RSI increased to 80.38, going to the excessive area for the first time in weeks. Historically, PI has respected RSI resistance levels, making current reading a notable sign of excessive demand. Although this can cause short -term consolidation or a profits, the high ascending candle and the growing volume suggest that PI could test the upper resistance almost $ 0.65, followed by $ 0.70. Unlike immediate support is around the break point of $ 0.586.
Never miss a beat in the world of cryptography!
Stay in advance with the news, expert analysis and real -time updates on the latest Bitcoin, Altcoins, DEFI, NFTS, etc. trends
Faq
The rise in power is motivated by anticipation around PI2day, the PI network team should reveal key developments.
Yes, the RSI at 80.38 indicates that the PI part is in exaggerated territory, which could cause corrections or a short -term consolidation.
If the bullish feeling holds, Pi can target the range from $ 0.65 to $ 0.70. However, a drop of less than 0.586 could report a temporary withdrawal.
