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Pi coin price prediction: technical indicators currently show a double signal, indicating a 40% upside potential.
Pi Network (PI) surged to $0.52 under the announcement of the "Buy Pi" fiat entry function, marking the first significant rise in recent days. The current coin price has stabilized around $0.47. Two low timeframe technical signals suggest that this rebound may have sustainability: the Average Directional Index (ADX) has returned to the strong zone, and the fast and slow EMAs are about to form a golden cross pattern. If the 20-period EMA successfully crosses above the 100-period EMA and the ADX remains strong, the PI price is expected to initiate a larger pump. The key resistance levels are $0.54 and the previous high of $0.66, while $0.46 serves as the dividing line between bulls and bears.
PI price dynamics: The fiat entry is favorable, stimulating a Rebound The price of the Pi Network token has seen a significant rise, reaching a high of $0.52, driven by the announcement of the "Buy Pi" fiat entrance feature, breaking the silence of recent days. The price then retreated somewhat and is currently trading steadily in the $0.47 range. This rise is not an isolated event; two key low timeframe technical signals provide clues for its sustainability.
Trend Strength Reversion Needs Further Confirmation The average directional index (ADX) on the 4-hour chart has risen above 30. This indicates that there is real strength behind the current price movements, rather than being driven solely by random emotions.
Key EMA golden cross pattern signal is about to trigger The 20-period Exponential Moving Average (EMA) has crossed above the 50-period EMA, and this signal aligns with the price movement from $0.45 to $0.52.
Pi Coin Key Price Level Outlook The daily chart provides us with a more macro perspective of key levels. Here, we use a trend-based Fibonacci extension analysis, connecting three key points: the late June low of $0.47, the swing high near $0.66, and the mid-July retracement low of $0.42. The K-line on Tuesday continuously broke through three Fibonacci resistance levels within a day: 0.236 level ($0.46), 0.382 level ($0.49), and 0.5 level ($0.51). Currently, the PI price is consolidating within the range of $0.46 to $0.49.
Technical Indicator Observation 4-hour chart MACD indicator: Specific status not yet provided, need to judge in conjunction with price trends. 4-hour chart RSI Relative Strength Index: specific values are not yet provided, need to be judged in conjunction with price trends. Main support levels: 0.46 USD ( bullish-bearish boundary ), 0.42 USD ( key defense ). Main resistance levels: 0.49/0.51 fiat ( breakout level ), 0.54 fiat ( Fibonacci 0.618 level ), 0.66 fiat ( previous high target ).
Conclusion: The price of Pi coin has shown short-term strength stimulated by positive news regarding fiat entry. The technical aspect presents a dual positive signal with the ADX trend strength rising and the EMA golden cross approaching. The current price is consolidating in the range of $0.46-$0.49, and an effective breakout of this range, along with stabilizing above $0.51, combined with a successful golden cross of the 20-period EMA over the 100-period EMA, will open up space for challenging the previous highs of $0.54 and even $0.66. Traders need to closely monitor the defense of the support level at $0.46; if it is breached and technical signals weaken (ADX falls, golden cross fails), caution should be taken regarding the risk of a price drop to $0.42. The short-term trend of Pi coin is facing a critical decision window, and it is advised that investors operate cautiously in conjunction with real-time indicator changes.