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Pi Coin (PI) Price Prediction for May 10


Pi Coin (PI) Price Prediction for May 10

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The Pi Network price surged sharply over the past 48 hours, breaking key resistance zones to touch a local high near $0.77. This breakout follows a prolonged period of low volatility and consolidation, hinting at renewed trader interest. As of writing, the Pi Network price today is hovering around $0.736 after a minor pullback from intraday highs, still holding most of its recent gains.

The 4-hour chart shows a textbook breakout above the $0.60–$0.65 supply zone, supported by bullish volume and a confirmed break of descending resistance. This marks a major shift in Pi Network price action, especially as it reclaims levels not seen since April’s breakdown.

Pi Network Price Update: RSI, MACD, and Fib Confluence Point

Pi Network price dynamics (Source: TradingView)

Momentum indicators suggest the market may be approaching a near-term exhaustion point. The Relative Strength Index (RSI) on the 30-minute chart has cooled off slightly to 70.71 after briefly peaking above 80, indicating overbought conditions. Meanwhile, the MACD histogram is contracting and showing early signs of bearish divergence, hinting that upward momentum may slow unless bulls retake $0.77 qu…

The post Pi Coin (PI) Price Prediction for May 10 appeared first on Coin Edition.

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