Yesterday’s forecast suggested Pi Coin would likely trade between $0.85 and $0.95, with a bias toward the lower end. That prediction proved accurate, as the price dropped sharply, closing the day at $0.8018 after falling over 9%. This move confirms the bearish pressure that has been building over the past week.
The current trend continues to reflect a clear downtrend, and sellers remain firmly in control. So, where could Pi Coin price go from here? As usual, let’s review today’s key technical indicators on the daily timeframe.
Technical Indicators Analysis
The Relative Strength Index (RSI) has dropped to 26.019, indicating Pi Coin price is deeply oversold. Market sellers have effectively pushed the price below recent trading levels. The RSI is sitting below 30 right now, which usually hints that a bounce could be on the horizon. But so far, there’s no real sign of the market turning around just yet.
The Moving Average Convergence Divergence (MACD) is barely above zero at 0.041 — a small positive nudge, which might suggest the market is trying to stabilize. Still, it’s not a strong enough signal to say a short-term rally is coming.
The Commodity Channel Index (CCI) is down at -117.6, showing clear selling pressure and almost no real buying interest. Readings below -100 usually point to heavy selling and a price far below its historical average, reinforcing the prevailing downtrend.
The Ultimate Oscillator is at 34.169, still under the 50 mark. That just reinforces the overall bearish tone we’re seeing.
On top of that, the Rate of Change (ROC) has dropped to -55.9, which tells us the price has fallen fast compared to recent days — another sign that sellers are still in control. Such a steep negative value signals fast-moving bearish sentiment.
The Bull/Bear Power indicator is at -0.5601, showing that bearish control remains in place. Buyers have yet to show any meaningful strength.
Read Also: Is Meme Coin Mania Back? Shiba Inu (SHIB) & PEPE Prices Break Out : Here’s What’s Behind the Pump
Pi Coin Price Prediction
The latest technical indicators continue to support a bearish outlook.
Bearish Scenario: If downward momentum continues, Pi Coin price may test support levels between $0.70 and $0.75. The oversold RSI and negative ROC suggest selling pressure is likely to persist.
Bullish Scenario: A slight recovery is possible if the RSI sparks short-term buying or if the MACD strengthens. If so, Pi Coin could move toward the $0.95–$1.00 range, but this would require a clear boost in volume.
Today’s Prediction: Based on current technicals, Pi Coin price is expected to trade between $0.85 and $0.95 today, leaning toward the lower end of this range.
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