- The price of the Pi (PI) network increased by 20.20% in 24 hours, reaching $ 0.7265.
- Market capitalization reaches $ 4.98 billion with a volume growth of 212.80%.
Pi Network (PI) recorded an acute profit by 20.20% per day, increasing to $ 0.7265. Market capitalization rose by 20.50%, reaching $ 4.98 billion. USA, since the daily trading volume increased by 212.80% to 497.1 million dollars. USA.
The factor in market capitalization is currently 9.9%, confirms the aggressive percentage of traders. Despite a limited sentence of 100 billion IPs, only 6.86 billion is currently distributed, which gives a fully diluted estimate (FDV) to $ 73.12 billion.
Will Pi be further?
In a four -hour Pi diagram, PI changed its previous descending trend, setting a short -term impulse. The resistance costs about 0.75 US dollars, while support holds the company about 0.65 US dollars. Sustainable gap of the resistance can push PI to 0.82 dollars.
If support fails, the price can re -check the mark of 0.60 US dollars. Nevertheless, the current impulse prefers potential. The relative force index (RSI) grew to 71.29, entering the overlap zone.
This shift signals a strong bull pressure. Meanwhile, the RSI average routes in 14 periods behind 57.32, reflecting the growth trend with an increase in the purchase force. If RSI remains increased, further prices will become probable.
The cash flow of Chaikin (CMF) reads -0.04, slightly negative, but close to a neutral threshold. This drawing involves limited distribution pressure, despite the volumetric surge. If CMF switches positively, this can confirm a wider accumulation of market participants.
In addition, the price action now sits conveniently sits above both moving average, confirming short -term power. If the volume is supported, bulls can challenge higher levels of condemnation resistance. However, sharp kickbacks remain possible from the RSI conditions.
Technically, the rebound from the April low level formed a higher low structure corresponding to the wider recovery signs in altcoins. While the PI persists above the support zone $ 0.65, the mood should remain positive. A breakthrough above $ 0.75 can confirm the further growth potential, while the inability to withheld support can cause short -term weakness.
