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Price Prediction for Pi Network This Week (PI Coin Price Analysis)
Let's consider some potential scenarios for the price of Pi Network in the coming days. Price Prediction for PI to Note This Week Main support levels: $0.50, $0.40 Main resistance levels: $0.52, $0.67
Seller Takes Advantage Even when buyers attempted to stop the ongoing downtrend with a strong bounce up to 67 cents, sellers immediately returned and completely reversed the recent gains. This is a bearish signal and the price is currently found at around $0.50. If this important psychological level is also lost, then PI may create a new low.
The Downward Trend Continues The strongest support level on the chart is at 40 cents. This level is quite far from the current price, but if buyers cannot maintain the price above $0.50, the likelihood of testing this support level is very high. Previously, this price level was tested on June 13 when tensions in the Middle East escalated.
Lower Low RSI Another way to examine the current downtrend is to use the 4H RSI. This indicates a clear downtrend with lower lows and lower highs. Currently, there are no signs of reversal suggesting that prices are likely to continue declining in the coming days. Buyers may not return until the RSI reaches the oversold zone below 30 points.