Pi Coin (PI) Price Prediction for May 21
The Pi Coin price today is trading around $0.732, showing marginal losses intraday as bulls struggle to clear a tightening consolidation range. After a sharp retracement from the May 12 high near $1.65, the Pi Coin price action has entered a contracting wedge, forming a symmetrical triangle on the 4-hour chart. The apex of this structure is nearing, suggesting a breakout move is likely in the next 24 hours.
Despite continued sideways movement, the Pi Coin price update shows buyers defending the key support region between $0.705 and $0.722, which has held firm since the May 17 dip. While volatility remains suppressed, compression near the $0.73 mark indicates a breakout setup is brewing.
Why Pi Coin Price Going Down Today?
The recent Pi Coin price volatility stems largely from broader consolidation in altcoins and fading speculative volume around PI’s earlier surge. As the coin failed to reclaim the $0.75–$0.78 resistance zone over the weekend, traders opted for caution, especially as several indicators turned mixed. The pullback from $0.7488 now aligns with the 0.236 Fibonacci level, which is acting as a near-t…
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Pi Coin (PI) Price Prediction for May 21
The Pi Coin price today is trading around $0.732, showing marginal losses intraday as bulls struggle to clear a tightening consolidation range. After a sharp retracement from the May 12 high near $1.65, the Pi Coin price action has entered a contracting wedge, forming a symmetrical triangle on the 4-hour chart. The apex of this structure is nearing, suggesting a breakout move is likely in the next 24 hours.
Despite continued sideways movement, the Pi Coin price update shows buyers defending the key support region between $0.705 and $0.722, which has held firm since the May 17 dip. While volatility remains suppressed, compression near the $0.73 mark indicates a breakout setup is brewing.
Why Pi Coin Price Going Down Today?
The recent Pi Coin price volatility stems largely from broader consolidation in altcoins and fading speculative volume around PI’s earlier surge. As the coin failed to reclaim the $0.75–$0.78 resistance zone over the weekend, traders opted for caution, especially as several indicators turned mixed. The pullback from $0.7488 now aligns with the 0.236 Fibonacci level, which is acting as a near-t…
The post Pi Coin (PI) Price Prediction for May 21 appeared first on Coin Edition.
Read More
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