BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Pi Network’s PI Token Shows Signs of Recovery Despite Ongoing Challenges
Pi Network’s PI Token Shows Signs of Recovery Despite Ongoing Challenges
9
3
[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network’s native token, PI, is displaying early indications of a potential trend reversal following a significant decline, though structural obstacles may limit its upward movement. The coin has risen 6% to $0.7796 over the past 24 hours but remains 70% below its February all-time high of $2.99.
Trading volume saw a modest 0.8% increase to $221 million, pointing to renewed speculative interest. Technical indicators present a mixed outlook—the RSI at 51 suggests neutral momentum, while MACD readings continue to show underlying sell pressure. Market participants remain divided on whether this represents a genuine reversal or a temporary rebound.
By:
Previous
Wall Street Ponke Emerges as Potential Meme Coin Contender
Next
SEC Charges Unicoin and Executives with $100M Fraud Over Token Offering
