At the time of writing, Pi Coin trades at $0.254, sitting just below the $0.260 resistance. The immediate short-term goal for the token is to reach the $0.300 psychological level, which would strengthen bullish confidence.
However, if investor sentiment remains weak and inflows fail to pick up, Pi Coin’s price may fail to breach $0.260. A breakdown through $0.229 could push it lower toward $0.209, deepening the current correction.
Conversely, if the altcoin gains momentum and climbs to $0.300, it would represent an 18% rise, potentially attracting new inflows. A sustained push could extend the rally toward $0.360, helping Pi Coin recover September’s losses and invalidate the bearish thesis.
However, if investor sentiment remains weak and inflows fail to pick up, Pi Coin’s price may fail to breach $0.260. A breakdown through $0.229 could push it lower toward $0.209, deepening the current correction.
Conversely, if the altcoin gains momentum and climbs to $0.300, it would represent an 18% rise, potentially attracting new inflows. A sustained push could extend the rally toward $0.360, helping Pi Coin recover September’s losses and invalidate the bearish thesis.
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Leader in crypto news, award winning journalism in 26 languages.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.