Pi Coin Price Prediction: Will the Breakout Rally Sustain Above $1?
The Pi Coin price today is trading around $1.05, marking a sharp upside move of over 35% in the last 48 hours. This explosive price action was fueled by a textbook breakout from a multi-week accumulation zone between $0.59 and $0.74, as seen on the 4-hour and 30-minute charts. The bullish structure has been confirmed by a strong breakout candle on May 11 that smashed through psychological and technical resistance at $1.00.
This latest Pi Coin price spike marks the first time in months that the token has crossed above the $1.00 mark with volume confirmation. On-chain price momentum, driven by aggressive short-term buyers, is pushing the coin into fresh territory, and technical indicators show the rally may not be over just yet.
What’s Happening With Pi Coin’s Price? RSI, MACD Show Bullish Continuation
The current Pi Coin price action reflects strong overbought conditions on lower timeframes, but that’s often typical of breakout phases. On the 30-minute chart, RSI stands above 78, suggesting the asset is in overbought territory. However, MACD shows a healthy b…
The post Pi Coin Price Prediction: Will the Breakout Rally Sustain Above $1? appeared first on Coin Edition.
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Pi Coin Price Prediction: Will the Breakout Rally Sustain Above $1?
The Pi Coin price today is trading around $1.05, marking a sharp upside move of over 35% in the last 48 hours. This explosive price action was fueled by a textbook breakout from a multi-week accumulation zone between $0.59 and $0.74, as seen on the 4-hour and 30-minute charts. The bullish structure has been confirmed by a strong breakout candle on May 11 that smashed through psychological and technical resistance at $1.00.
This latest Pi Coin price spike marks the first time in months that the token has crossed above the $1.00 mark with volume confirmation. On-chain price momentum, driven by aggressive short-term buyers, is pushing the coin into fresh territory, and technical indicators show the rally may not be over just yet.
What’s Happening With Pi Coin’s Price? RSI, MACD Show Bullish Continuation
The current Pi Coin price action reflects strong overbought conditions on lower timeframes, but that’s often typical of breakout phases. On the 30-minute chart, RSI stands above 78, suggesting the asset is in overbought territory. However, MACD shows a healthy b…
The post Pi Coin Price Prediction: Will the Breakout Rally Sustain Above $1? appeared first on Coin Edition.
Read More
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