Price Prediction for Pi Coin Today (27 March 3)

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Yesterday's forecast showed that Pi Coin is likely to trade between $0.85 and $0.95, with a downward trend to lower levels. That prediction proved correct, as the price plummeted, closing the day at $0.8018 after falling more than 9%. The move confirms the downward pressure on prices that has intensified over the past week. The current trend continues to reflect a clear downward trend and sellers still maintain control. So, where can the price of Pi Coin go from here? As usual, let's take a look at today's key technical indicators on the daily time frame. Technical Indicator Analysis The Relative Strength Index (RSI) has fallen to 26.019, indicating that the price of Pi Coin is oversold. Sellers in the market have pushed the price below recent trading levels. The RSI is currently below 30, which often suggests that a recovery may be imminent. However, so far, there are no real signs indicating that the market will reverse. The moving average converging divergence (MACD) only slightly higher than the level of 0.041 — a small positive move, which could indicate that the market is trying to stabilize. However, this is not a strong enough signal to say that a short-term bull run is imminent. The commodity channel index (CCI) fell to -117.6, indicating clear selling pressure and almost no real buying interest. Index levels below -100 typically indicate strong selling and prices significantly lower than historical averages, reinforcing the current downward trend.

Ultimate Oscillator is at 34.169, still below the 50 mark. This only reinforces the overall downward trend that we are seeing. Above all, the change rate (ROC) has fallen to -55.9, indicating that the price has dropped rapidly compared to recent days — another sign that sellers are still in control. Such a large negative value signals a swiftly bearish sentiment. The Bull/Bear Power indicator is at -0.5601, indicating that bearish control is still present. Buyers have not yet shown any significant strength. Pi Coin Price Prediction The latest technical indicators continue to support the bearish outlook. Bearish scenario: If the downward trend continues, the price of Pi Coin could test the support level in the range of $0.70 to $0.75. The RSI is oversold and the ROC is negative, indicating that selling pressure is likely to persist. Bullish scenario: It may recover slightly if the RSI triggers a short-term buy signal or if the MACD strengthens. If so, Pi Coin could move into the range of $0.95–$1.00, but this requires a clear increase in volume. Today's prediction: Based on the current technical information, the price of Pi Coin is expected to trade in a range from 0.85 to 0.95 dollars today, heading towards the lower end of this range.

PI2.25%
CHO2.21%
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