Pi Coin’s Wild Price Swings Trigger Trader Alert as Technicals Hint at Rebound
Pi Coin has become a hot topic in crypto markets after experiencing significant volatility, with its price plunging to $0.55 following a near-test of $0.62. The MACD indicator now shows signs of potential recovery momentum, keeping traders focused on this $4 billion market cap asset.
Technical analyst Andrew Griffiths highlights $0.75-$0.78 as a crucial resistance zone. A successful breakout could drive Pi toward the psychologically key $1 level, while failure to breach may reignite selling pressure. Despite ongoing skepticism about its ecosystem partnerships, the network continues to attract investor attention.