Pi Network Price Prediction: PI Coin Pumps 80% To Top Trend On CoinMarketCap As Savvy Investors Buy This ICO For Safer Meme Coin Investing
The Pi Network price pumped 80% in the last 24 hours to trade at $1.268 as of 08:49 p.m. on trading volume that skyrocketed 221% of $1.3 billion. The surge has made PI Coin the top trending major cryptocurrency on CoinMarketCap. Pi Network Price To Sustain The Bullish Trend Reversal The PI price chart reveals a strong downward move followed by a stabilization phase and a potential reversal. Initially, the Pi Network price saw a sharp drop, reaching a low of approximately $0.615, before gradually forming a rounded bottom pattern. This suggests that buyers have started stepping in at lower levels, leading to a gradual recovery. Recently, the price of Pi Network surged towards the 38.2% Fibonacci retracement level at $1.40, encountering resistance around this zone on the 30-minute timeframe. The chart indicates that the price of PI is attempting to reclaim lost ground, with the 61.8% level around $0.90 serving as a critical support. Additionally, a 50-day Simple Moving Average...