At the time of writing, Pi Coin trades at $0.345, holding above its crucial $0.344 support level. This line has acted as a foundation for weeks, helping the altcoin avoid setting new lows despite ongoing volatility.
Given the mixed cues from investors, Pi Coin is likely to remain rangebound. The price may hover between $0.344 and $0.360 until stronger momentum develops. Sideways movement could dominate trading as investors assess the impact of the upcoming upgrade.
If market conditions worsen, Pi Coin risks slipping through $0.334 support. A failure to hold this level could drag the token down to $0.322, matching or even forming a new all-time low, and invalidating any short-term bullish outlook.
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.
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.