Pi Coin experienced a volatile August, followed by an even more turbulent September. The near 48% single-day drop dragged the token down to a new ATL of $0.184. This marked a severe setback for the project and testing investor patience.
In October, often referred to as “Uptober” for its bullish seasonal trend, Pi Coin could attempt recovery. A 35% rise would help the altcoin reclaim strength, with price targets set at $0.286 and $0.340. A rally past these levels could push Pi Coin to $0.360, effectively erasing the recent crash.
If declines continue, however, Pi Coin risks slipping below the $0.256 support. A deeper fall could send the price toward $0.200, invalidating the bullish outlook. This would signaling further weakness for the altcoin as investor hesitation lingers.
In October, often referred to as “Uptober” for its bullish seasonal trend, Pi Coin could attempt recovery. A 35% rise would help the altcoin reclaim strength, with price targets set at $0.286 and $0.340. A rally past these levels could push Pi Coin to $0.360, effectively erasing the recent crash.
If declines continue, however, Pi Coin risks slipping below the $0.256 support. A deeper fall could send the price toward $0.200, invalidating the bullish outlook. This would signaling further weakness for the altcoin as investor hesitation lingers.
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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.