Pi Coin price is still stuck in a downtrend, and nothing on the chart suggests that’s changing anytime soon, it’s currently trading at $0.4570.
After failing to push past $0.65 back in May, the token has been sliding lower, and now it’s clinging to the $0.45 support zone.
Price action is slow, volatility is drying up, and there’s not much trading activity, a clear sign that buyers are hesitant and sellers are still steering the ship.
📊 Pi Coin Daily Overview (July 8)
- Current Price: $0.4564
- 24-Hour Change: -1.98%
- 9-Day Moving Average: $0.4846
- Volume: Still weak
Pi Coin price is now hanging just under the 9-day SMA, and candles are getting smaller, a classic sign of fading interest. Unless volume picks up, it looks like more sideways or downward drift ahead.
🔍 What the PI Coin Chart Telling Us
The trend is still clearly bearish. We’ve seen lower highs and lower lows since the February peak, and each bounce has been weaker than the last.
After that short spike near $1.40 in May, Pi Coin just couldn’t hold up. The descending trendline from that period continues to cap every move higher. Unless price breaks back above $0.50 and the trendline, the sellers stay in charge.
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📈 Technical Indicators (Daily Timeframe)
| Indicator | Value | Signal / Interpretation |
| MACD (12,26) | -0.046 | Bearish crossover, weak trend |
| ADX (14) | 36.112 | Strong trend strength, confirms downtrend |
| CCI (14) | -98.72 | Bearish momentum, near oversold |
| RSI (14) | 33.63 | Weak momentum, approaching oversold |
| ROC | -14.65 | Strong negative momentum |
| Bull/Bear Power (13) | -0.0664 | Bearish pressure slightly outweighs bulls |
Summary: All key indicators remain aligned in bearish territory. Trend strength is firm, with no signs of reversal.
🔮 Pi Coin Price Prediction Scenarios
Bullish Scenario:
A break above $0.50 and the downtrend line, with heavy volume support, could propel price towards $0.60–$0.65. Not yet seen.
Neutral Scenario:
If support at $0.45 continues to hold, Pi Coin price could hover between $0.45 and $0.50, while a catalysts awaits or shift in sentiments.
Bearish Scenario:
A close below $0.45 in the daily chart could lead the way to a further downtrend with $0.30 as the next solid support level.
🧠 Bottom Line
Pi Coin price is moving with no real strength, just coasting under resistance with weak volume and a bearish trend.
As long as it stays below $0.50 and under that trendline, any bounce is likely to be short-lived. For now, sideways chop between $0.45 and $0.50 looks like the path we’re on.
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