Pi Price Prediction: Bearish Channel Persists as Pi Struggles Near $0.26
- Pi Network trades near $0.26, pressured by descending channel and weak sentiment.
- Oversupply risk rises as 119.4M PI unlocks this month, pressuring short-term price.
- RSI near 30 signals oversold, but rebounds struggle without strong buying volume.
Pi Network (PI) continued its downward trajectory today, extending its recent losing streak amid renewed supply pressure and weak market sentiment. The token traded at $0.2605 after shedding 0.11% in the past 24 hours, while its seven-day decline stood at 2.08%.
With a circulating supply of 8.2 billion PI, Pi Network’s market capitalization now hovers around $2.14 billion. Despite steady trading volume at $22.5 million, the broader structure still points to sustained bearish pressure.
Price Structure and Key Levels
Pi Network’s chart continues to show a well-defined descending channel that has persisted since A…
Read The Full Article Pi Price Prediction: Bearish Channel Persists as Pi Struggles Near $0.26 On Coin Edition.
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Pi Price Prediction: Bearish Channel Persists as Pi Struggles Near $0.26
- Pi Network trades near $0.26, pressured by descending channel and weak sentiment.
- Oversupply risk rises as 119.4M PI unlocks this month, pressuring short-term price.
- RSI near 30 signals oversold, but rebounds struggle without strong buying volume.
Pi Network (PI) continued its downward trajectory today, extending its recent losing streak amid renewed supply pressure and weak market sentiment. The token traded at $0.2605 after shedding 0.11% in the past 24 hours, while its seven-day decline stood at 2.08%.
With a circulating supply of 8.2 billion PI, Pi Network’s market capitalization now hovers around $2.14 billion. Despite steady trading volume at $22.5 million, the broader structure still points to sustained bearish pressure.
Price Structure and Key Levels
Pi Network’s chart continues to show a well-defined descending channel that has persisted since A…
Read The Full Article Pi Price Prediction: Bearish Channel Persists as Pi Struggles Near $0.26 On Coin Edition.
Read More
XRP Price Prediction: Trump’s Crypto Endorsement Sparks Ripple Momentum