Pi Coin Poised for 40% Surge as Technical Indicators Flash Bullish Signals
Pi Coin's price action indicates a potential 40% rally if key technical confirmations materialize. The 4-hour chart reveals the Average Directional Index (ADX) climbing back above 30, signaling strengthening trend momentum. However, the current ADX peak remains weaker than the previous swing, requiring additional confirmation to validate bullish strength.
A crucial EMA crossover is developing, with the 20-period EMA already above the 50-period EMA—a pattern that previously preceded a 15% price surge. The next critical resistance lies at the 100-period EMA, which halted June's rally attempt. Traders are watching for this decisive crossover as confirmation of sustained upward momentum.
Market analysts note these emerging signals are currently most visible on the 4-hour timeframe, with daily charts yet to reflect the developing bullish pattern. While the ADX reading itself is non-directional, its combination with current price action suggests building bullish pressure beneath present levels.