Get started

Picoin

PIUSDT Daily Technical AnalysisPIUSDT Daily Technical Analysis Pi Network Coin indicators are NEGATIVE. The selling pressure on Pi Coin is still ongoing. Indicators are at a low position but still appear negative. If it can move sideways above the 0.92957 support level, the chances of recovery in the coming days may increase. The 0.92957 - 0.858 price levels are important support points. It seems that the Pi Network team is somewhat weak in social communication. The applications created on the platform are still inactive, and the KYC period for users who joined before the Mainnet has now expired. There has been no explanation regarding the coins removed from accounts, or at least, we haven't seen one. In fact, no statement has been made on their YouTube channel either. If the coin does not break below these support levels, it could create a buying opportunity for positive price movements in the future. There is currently no clear information, so we will see how things develop. NOT INVESTMENT ADVICE. The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are offered within the framework of an agreement between clients and brokerage firms, portfolio management companies, and non-deposit banks. The content on this page reflects only personal opinions. These views may not be suitable for your financial situation, risk tolerance, or return preferences. Therefore, investments should not be made based on the information and writings on this page. To avoid missing our analyses of both positive and risky technical indicators, follow us and like our content—we would appreciate it!
by SinerjiPortfoy
PIUSDT Hourly Technical AnalysisPIUSDT Hourly Technical Analysis In the 1-hour technical analysis of Pi Network Coin, the selling pressure continues as it failed to break the 1.21 resistance. The price has dropped to the 1.0770 support level. If this support is also broken downward, the next support levels are 1.031 - 1.010. Our current expectation is negative. Next week, we may shift to daily technical analysis since daily technical data is also becoming clearer. However, for now, the daily outlook also appears negative. If there are sharp declines, buying at lower prices could create a potential for significant long-term returns. THIS IS NOT INVESTMENT ADVICE. The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are provided within the framework of an investment advisory agreement signed between the investor and brokerage firms, portfolio management companies, or non-deposit banks. The content on this page reflects only personal opinions and may not be suitable for your financial situation, risk tolerance, or return expectations. Therefore, no investment decisions should be made based on the information and statements provided here. To stay updated on our analyses with both positive and risky technical indicators, please follow and like our page. Your support is greatly appreciated!
Short
by SinerjiPortfoy
Just In: $PI Set for 200% Surge Amidst Steep Falling WedgeThe price of price is set to skyrocket amidst a steep falling wedge pattern that has left the asset plummeting currently down 14%. While the asset is currently oversold as indicated by the Relative strength index (RSI) of 21, this adds more credence to the bullish thesis. With a recent All time high (ATH) of $2.98 and a total and maximum supply of 100 billion tokens, PI coin is more than ready to capitalize on this market dip to spark a renaissance. Albeit the crypto market is facing turbulence time at the moment, with the crypto fear and greed index dipping to 27% hinting at a bearish sentiment. Similarly, CRYPTOCAP:BTC lose its dominance over altcoin with the ration pegged as 21% bitcoin and the remaining 79% comprises of all the remaining tokens. This metric hints at a potential altcoin season incoming and NASDAQ:PI is not exempted. Pi Price Live Data The live Pi price today is $0.897547 USD with a 24-hour trading volume of $543,904,959 USD. Pi is down 23.67% in the last 24 hours, with a live market cap of $6,122,316,736 USD. It has a circulating supply of 6,821,168,428 PI coins and a max. supply of 100,000,000,000 PI coins.
Long
by DEXWireNews
5
$PI Set for Massive Breakout Amidst Bullish Symmetrical TriangleThe long-awaited launch of NASDAQ:PI has ignited excitement in the crypto space. After six years of mining, Pi Coin finally hit the open market last month, and its price action suggests a potential major breakout. With a bullish symmetrical triangle pattern forming and key technical indicators aligning in its favor, NASDAQ:PI is gaining traction among investors and traders alike. Technical Analysis Pi Coin is currently trading at $1.66, having surged 22.75% in the last 24 hours. Its 24-hour trading volume stands at an impressive $811,256,445, indicating strong market interest. Symmetrical Triangle Formation A symmetrical triangle is often considered a continuation pattern, signaling a potential breakout in the direction of the prior trend. NASDAQ:PI recently broke out of this bullish formation, setting the stage for further upside movement. The Relative Strength Index (RSI) sits at 62, suggesting increasing buying pressure. An RSI above 70 typically signals overbought conditions, but with room for growth, NASDAQ:PI is positioned for an extended bullish campaign. If buying pressure intensifies, NASDAQ:PI could soon breach the key psychological resistance at $2, with the next pivot point set at $3. Market Capitalization and Trading Volume NASDAQ:PI boasts a live market cap of $11.91 billion, with a circulating supply of 7.15 billion coins. Such a high ranking underscores the coin’s growing adoption and market confidence. Conclusion: What’s Next for Pi Coin? With strong technical indicators and a solid fundamental foundation, NASDAQ:PI appears well-positioned for continued growth. If the buying momentum sustains, breaking the $2 resistance could open the door for a push towards $3. Meanwhile, its unique approach to mining and real-world adoption potential make it an intriguing project for long-term investors.
OKX:PIUSDLong
by DEXWireNews
Pi Network in the bullish term. All right, there is lots of rumors saying that Pi Network will fail, will go to zero, will fall like brick untill nothing. When ever the trade already online and the market took place, the price wont easily drop like a brick or easily flying like a rocket. There must have a support and resistance in the chart and graph, when it already in the online financial/crypto trade market. Things will be so cool, when Trump will host a first ever crypto summit in this coming 7 March. Attendees will include prominent founders , CEOs, and investors from the crypto industry as well as members of the President's Working Group on Digital Assets. When ever the announcement, the investors are just in second into the fast click to invest in the crypto. This will be a massive, and astonishing event in crypto ever. Looking forward the Pi Network proce goes up to $10.00 in few weeks.
Long
by SL-Trades
Breaking: $PI Surges to $3 Before Retracing Amidst Market DipThe cryptocurrency market witnessed a surprising move as Pi Network ( NASDAQ:PI ) surged past its all-time high of $2.70, reaching an impressive $3 before a sharp retracement brought it back to $2.21. This remarkable 70% surge caught traders and investors off guard, demonstrating the unpredictable nature of the crypto space. Technical Analysis At the time of writing, NASDAQ:PI remains up 38.59%, with technical indicators showing a mix of bullish and corrective signals. The 1-hour RSI sits at 59.47, indicating that buying pressure remains present but is gradually slowing down. The psychological $2 resistance zone has now been decisively broken, which could turn into a new support level. A potential retracement to $1.60, the ceiling of the bullish symmetrical triangle, may occur before another major upward push. While the initial rally was explosive, the decline in buying momentum suggests a temporary cooldown before the next leg up. If NASDAQ:PI can hold above $2, it could establish a solid foundation for another attempt at higher price levels. However, if selling pressure continues, the $1.60 level will be a critical area to watch for a rebound. What’s Next for NASDAQ:PI ? If bullish momentum returns, NASDAQ:PI could attempt to reclaim the $3 level and push toward new highs. However, if the price continues to decline, $1.60 will serve as a crucial support level before another breakout attempt. Traders should monitor RSI trends, volume shifts, and key resistance zones** for further confirmation of the next move. With the $2 psychological barrier now broken, NASDAQ:PI ’s price action in the coming days will be crucial in determining whether this was a one-time event or the beginning of a sustained bullish trend.
Long
by DEXWireNews
Price Prediction for Pi Network: The Crash Is Inevitable $0.005For those still holding onto Pi with the hope of future gains, it's time for a serious reality check. 🔍 Why Pi Network Is Destined to Collapse: Illegal KYC Practices Under Investigation: Apple and Google are actively investigating Pi Network’s highly questionable KYC process, where random users - not official employees, are allowed to review sensitive personal information, including passports and ID documents. This is in violation of data privacy laws such as the GDPR (General Data Protection Regulation) and other global data protection standards. If these investigations lead to the app being removed from the Google Play Store and Apple App Store, the Pi Network ecosystem will collapse overnight. A Centralized Ponzi Disguised as Crypto: Despite the crypto façade, Pi Network is entirely centralized, operating through a single app where all transactions and mining are controlled. The referral-based system strongly resembles a Pyramid scheme, with rewards heavily dependent on recruiting new users instead of delivering any genuine utility. Whale Manipulation & Market Extraction: Recent price movements show clear signs of whale manipulation - a tactic used to pump up the price, extract as much value as possible from retail investors, and leave smaller holders with the losses. The latest pump seems to have created just enough liquidity for a massive final dump. 📉 My Prediction: Imminent Crash Ahead Short-term target: Expect PI to fall to $0.20 as whales continue to unload their holdings, draining liquidity from hopeful investors. Mid-term collapse: Within the next few weeks or months, the price could plummet to as low as $0.005 as legal investigations intensify and user trust erodes completely. Long-term outlook: Once the app is removed from major platforms, and regulatory action kicks in, the Pi Network could become entirely worthless - similar to what happened with BitConnect. ❗ Final Thoughts: If you're still holding onto PI thinking a turnaround is possible, you’re risking everything on a collapsing pyramid. The recent pumps aren’t a sign of strength - they’re the final attempts by insiders to extract whatever value remains from unsuspecting holders. The Pi Network isn’t just another failing crypto project—it’s a glorified fraud that has preyed on vulnerable communities, exploiting users' data while delivering zero real value. Don’t be the last person left holding the bag when the inevitable crash happens. 🚫💥
Short
by inequivalent
75
Breaking: $PI Tanked Hours After Listing Losing 99% of Value.The long-anticipated Pi Network Mainnet launch finally took place, igniting a wave of excitement among its massive community of over 10 million users. However, the aftermath of the launch took a surprising turn as NASDAQ:PI witnessed a staggering 99% drop in value within hours of listing, leaving traders and investors in shock. Pi Network’s Mainnet Launch: A Major Milestone After a two-year delay, Pi Network’s mainnet launch was expected to be a game-changer, marking the transition of Pi Coin from a testnet-based digital asset to a fully tradable cryptocurrency. With over 10 million KYC-verified users ready to migrate their holdings, expectations were sky-high. Adding to the excitement, major crypto exchanges, including MEXC, announced pre-listing trading for NASDAQ:PI , and further listings were expected to boost its liquidity and adoption. The limited initial circulating supply of 1 billion tokens out of the total 9.7 billion was anticipated to create a supply squeeze, potentially driving prices higher. However, the reality played out quite differently. NASDAQ:PI ’s Price Freefall: What Went Wrong? Post-listing, NASDAQ:PI initially surged past $330, reflecting bullish sentiment and speculative enthusiasm. However, this surge was short-lived as the token nosedived to as low as $1.28, marking a dramatic 99% drop. This decline fell far short of traders' expectations, raising questions about the token’s market stability and fundamental soundness. Several factors contributed to this massive price drop: 1. Lack of Clarity in Tokenomics: Before the mainnet launch, Pi Network had a supply of 64 million tokens. However, post-listing, major changes were made to the token’s supply structure, leading to uncertainty and skepticism among traders. 2. User Restrictions & Migration Issues: Many Pi Network pioneers (early adopters) reported difficulties in withdrawing their tokens due to the platform’s restrictive mobile number verification process. Some users claimed they could only edit two digits of their registered number, effectively locking them out of their accounts. This led to growing frustration within the community, raising concerns about whether the restrictions were intentional mechanisms to limit token circulation. 3. Inadequate Market Support: Despite multiple exchange listings, liquidity for NASDAQ:PI remained weak, failing to absorb the selling pressure that followed the initial surge. With uncertainty surrounding the token’s roadmap, many traders opted to exit their positions, exacerbating the downtrend. Technical Analysis: Is a Rebound Possible? At the time of writing, NASDAQ:PI is trading at $1.44, reflecting a 97.93% loss from its peak. However, technical indicators suggest a potential for reversal if fundamental issues are addressed: - Relative Strength Index (RSI): The RSI stands at 35, indicating that NASDAQ:PI is approaching oversold territory. Historically, assets with an RSI below 30 tend to experience buying pressure, leading to a possible bullish reversal. - Fibonacci Retracement: The 38.2% Fibonacci retracement level is currently serving as support. A bounce from this level could signal the beginning of a recovery. - Falling Wedge Pattern: A bullish reversal could be on the horizon if NASDAQ:PI breaks above key resistance levels. However, sustained upward momentum will largely depend on the resolution of fundamental concerns surrounding the project. What’s Next for Pi Network? In response to the chaos, Pi Network has announced the launch of its Open Network Challenge, which aims to educate users about the ecosystem and provide interactive rewards. This initiative could help restore community confidence, but deeper structural issues need urgent attention. To regain trust and market stability, Pi Network must: - Provide clarity on tokenomics to prevent further market speculation and uncertainty. - Improve accessibility for users to withdraw and migrate their tokens seamlessly. - Enhance liquidity support through stronger exchange partnerships and clearer trading mechanisms. Final Thoughts Pi Network’s mainnet launch was expected to be a transformative moment, but its execution has left more questions than answers. While the project still holds significant potential, its future now hinges on how well it addresses the concerns of its vast community. For traders, NASDAQ:PI remains a high-risk, high-reward asset. While technical indicators suggest a possible rebound, investors should closely monitor upcoming developments before making any moves in the market.
P
by DEXWireNews
6