Key Reasons Why Pi Network Is Losing Steam After Failing to Break $0.28
2 Articles
2 Articles
Key Reasons Why Pi Network is Losing Steam After Failing to Break $0.28
Profit-taking follows Fed rate cut, triggering short-term selling pressure on Pi Network. Overbought technical indicators suggest weakening momentum after the recent price rally. Structural challenges like token unlocks and limited listings hinder sustainable price growth. Pi Network’s recent rally turned heads after a sharp 30% climb in a week. The price jumped from yearly lows to touch $0.2795, marking the highest level since September. Trader…
Pi Coin Price Rebound Gains Momentum as Retail Traders Fuel Recovery
Pi Coins recent price rebound has caught many traders off guard, with the cryptocurrency rising 17.3% over the past week and trimming its monthly losses to just 5.4%. Even within the last 24 hours, PI has shown mild gains of around 0.6%, signaling that bullish momentum could be building once again. On the daily chart, Pi Coin is showing a hidden bullish divergence a technical pattern where the price makes a higher low while the Relative Strength…
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