At the time of writing, Pi Coin is priced at $0.345, stuck just below the $0.351 resistance level. Attempts to break past this barrier over the last ten days have failed, underscoring the lack of sufficient buying power.
The cryptocurrency continues to hold steady near its $0.343 support level. Should investor inflows strengthen, Pi Coin could breach $0.351, flip it into support, and climb toward $0.360 in the short term.
However, weak market conditions pose a significant risk. If sentiment fails to improve, Pi Coin could slip toward $0.334 support. Such a drop would bring the token dangerously close to its all-time low of $0.322, invalidating the bullish outlook.
The cryptocurrency continues to hold steady near its $0.343 support level. Should investor inflows strengthen, Pi Coin could breach $0.351, flip it into support, and climb toward $0.360 in the short term.
However, weak market conditions pose a significant risk. If sentiment fails to improve, Pi Coin could slip toward $0.334 support. Such a drop would bring the token dangerously close to its all-time low of $0.322, invalidating the bullish outlook.
Truly Unbiased Cryptocurrency News beincrypto.com
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Truly Unbiased Cryptocurrency News beincrypto.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.