2025-3-22 02:05 |
Pi Coin price faced a lot of volatility today, to say the least, and in times like this, it’s even harder to do these daily price predictions, but we still did fairly well in yesterday’s one.
Pi Coin dipped below $0.90 for the first time since late February, but very quickly rebounded to over $1.10. All of this happened within a couple of hours today and the reason is still not super clear, it could be that bulls and bears are fighting for their positions right now.
Technical Analysis IndicatorsOn a daily timeframe, the technical indicators are painting a complex picture:
The RSI(14) is currently at 33.924, which indicates the asset is approaching oversold territory. When RSI falls below 30, many traders consider it a potential buying opportunity as the asset may be undervalued.
The MACD(12,26) is at 0.158, showing a slightly positive momentum. While this is above zero, the value is relatively low, suggesting weak bullish momentum in the current market.
Source: investing.com/piThe CCI(14) stands at -164.0828, which is deep in the oversold region. This extreme negative value suggests that Pi Coin may be undervalued compared to its recent price action and could potentially see a correction upward.
The Ultimate Oscillator reads 45.371, which is below the middle point of 50. This indicates a slight bearish bias but not extreme selling pressure.
The ROC (Rate of Change) is at -37.096, showing a significant negative percentage change in price over the comparison period. This steep decline indicates strong selling pressure over the measured timeframe.
The Bull/Bear Power(13) is at -0.4884, suggesting that bears currently have more control over the market than bulls, though not by an overwhelming margin.
Based on all of these indicators, investing.com suggests a ‘sell’ for Pi Coin right now.
Read also: We Asked AI To Predict What’s Better Altcoin Pick Now – XCN or Pi Coin
PiFest Shopping EventThe PiFest shopping event is currently happening! You can participate until Friday, March 21. This is the first PiFest since the Open Network launched with full external connectivity support, allowing users to shop at local stores and businesses that accept Pi.
The PiFest shopping period is ongoing! Join now before the event ends on Friday, March 21. Experience the first PiFest after Open Network with the full support of external connectivity by shopping at your local stores and businesses that accept Pi. Discover such local businesses… pic.twitter.com/A7Jrpt7HfX
— Pi Network (@PiCoreTeam) March 20, 2025You can find these local businesses through the Map of Pi app in the Pi Browser. The platform currently hosts over 100,000 registered sellers, including more than 51,000 active vendors ready for you to discover. If you participate, you can share your local shopping experiences in the #PiFest channel on Fireside Forum.
Pi Coin Price Predictions for TodayBased on the technical indicators and current market conditions, here are our price predictions for Pi Coin today:
Pessimistic scenario: Pi Coin might retest the $0.90 support level and potentially drop further to around $0.85 if selling pressure continues and market sentiment remains negative.
Realistic scenario: Pi Coin will likely trade between $0.95 and $1.15, consolidating after today’s volatility as the market seeks equilibrium between buyers and sellers.
Optimistic scenario: If buyers step in at these lower prices and technical indicators begin to reverse, Pi Coin could recover to the $1.15-$1.20 range, especially if the broader crypto market sees positive momentum.
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