Pi Network Nears $1.20 Test on March 21: Will It Break the Barrier?
- Pi Network struggles to break $1.20 resistance despite a bullish price trend.
- Falling trading volume raises concerns about PI’s short-term market momentum.
- Exchange resistance and KYC deadline add uncertainty to PI’s price outlook.
Pi Network (PI) has shown some fight in its recent price action, but it’s heading into a critical resistance level around March 21st. Right now, the token sits at $1.18, which is a 4.79% jump over the last 24 hours.
Even with this price bump, the amount of PI traded in the last 24 hours has dropped by a significant 32.90% to $361.2 million. This dip in trading activity might mean that market players are being a bit cautious.
On the other hand, the total value of all PI out there (market cap) has risen by 4.34% to $8.06 billion, suggesting that overall investor confidence is still holding up.
Key Levels for PI Traders to Watch
For traders keeping an eye on PI, there are some important price levels to note. The strongest area of support seems to be around $1.12, which was the lowest point recently. There’s also another support zone between $1.14 and $1.15, where the price has often consolidated before making upward mov…
The post Pi Network Nears $1.20 Test on March 21: Will It Break the Barrier? appeared first on Coin Edition.
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Pi Network Nears $1.20 Test on March 21: Will It Break the Barrier?
- Pi Network struggles to break $1.20 resistance despite a bullish price trend.
- Falling trading volume raises concerns about PI’s short-term market momentum.
- Exchange resistance and KYC deadline add uncertainty to PI’s price outlook.
Pi Network (PI) has shown some fight in its recent price action, but it’s heading into a critical resistance level around March 21st. Right now, the token sits at $1.18, which is a 4.79% jump over the last 24 hours.
Even with this price bump, the amount of PI traded in the last 24 hours has dropped by a significant 32.90% to $361.2 million. This dip in trading activity might mean that market players are being a bit cautious.
On the other hand, the total value of all PI out there (market cap) has risen by 4.34% to $8.06 billion, suggesting that overall investor confidence is still holding up.
Key Levels for PI Traders to Watch
For traders keeping an eye on PI, there are some important price levels to note. The strongest area of support seems to be around $1.12, which was the lowest point recently. There’s also another support zone between $1.14 and $1.15, where the price has often consolidated before making upward mov…
The post Pi Network Nears $1.20 Test on March 21: Will It Break the Barrier? appeared first on Coin Edition.
Read More
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