Key Notes
The 12-hour chart shows a bullish divergence between Pi coin price and RSI, signaling that buyers are gaining control again.
For the bullish scenario to hold, PI needs to surpass $0.37 and $0.38, with stronger confirmation at $0.40.
A drop below $0.33 would invalidate the setup and could lead to new lows.
Pi Network’s native cryptocurrency Pi PI $0.37 24h volatility: 3.4% Market cap: $2.89 B Vol. 24h: $93.29 M price has slipped another 8% over the past week and is finding a floor at $0.35.
Technical chart pattern suggests that the bottom formation could be finally here, with the Pi token eyeing some upside from here onwards.
Pi Coin Price Shows Bullish Crossover
On the 1-hour chart, Pi token experienced a bullish crossover as the 20-period EMA