Sunday, July 12, 2026
No Result
View All Result
Blockchain 24hrs
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
Crypto Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
No Result
View All Result
Blockchain 24hrs
No Result
View All Result

PI faces corrective pressure as token struggles below $0.17

Home Analysis
Share on FacebookShare on Twitter


Key takeaways

Pi Community extends losses on Friday as a 50-period EMA caps short-term restoration makes an attempt.
The token may drop under the $0.1600 if the bearish pattern persists. 

Pi Community (PI) prolonged losses on Friday, risking a bearish breakout from its short-term consolidation on the 4-hour chart. 

The token stays capped by the 50-period Exponential Transferring Common (EMA) at $0.1733, limiting restoration regardless of the current launch of vibe coding options inside the Pi ecosystem.

Vibe coding options purpose to spice up ecosystem improvement

The Pi Community has launched vibe coding instruments for builders, enabling the conversion of AI-assisted apps—from platforms like Codex, Claude Code, Replit, Cursor, and Lovable—into Pi Apps. 

This integration may scale back app improvement time and strengthen the ecosystem, which boasts over 60 million engaged customers.

Technical outlook: correction strain persists

The PI/USD 4-hour chart stays bearish and environment friendly as PI is down by greater than 2% within the final 24 hours. 

PI is presently below a corrective bias, capped by the 50-period EMA at $0.1733 on the 4-hour chart and the 200-period EMA at $0.1771. 

The pair additionally sits under a close-by downtrend resistance line round $0.1741, reinforcing the upside barrier.

If the bulls regain management, preliminary resistance could be seen on the 50-period EMA at $0.1733 and the 200-period EMA at $0.1771 cap short-term upside. A close-by downtrend resistance line round $0.1741 provides to the barrier.

The momentum indicators additionally counsel that the bears are nonetheless in management.  The Relative Power Index (RSI) sits at 45, under the midline, signaling persistent promoting strain. 

The MACD stays near-flat, suggesting weak, consolidative momentum reasonably than a decisive rebound.

PI/USD 4H Chart

Nevertheless, if the bearish pattern persists, rapid help would emerge on the S1 Pivot Level at $0.1645.

Pi Community’s short-term outlook stays cautious, and merchants ought to monitor each EMA and trendline ranges for indicators of a breakout or deeper correction.

Share this articleCategoriesTags



Source link

Tags: CorrectivefacesPressureStrugglestoken
Previous Post

Washington DC Summit as Real Estate Tokenization Enters Its Next Phase

Next Post

The Trump Family Trust Bought Bitcoin-Linked Stocks In First Quarter: Filing

Related Posts

Ethereum approaches ,800 as bulls test key resistance
Analysis

Ethereum approaches $1,800 as bulls test key resistance

July 11, 2026
Bitcoin tops K as improving risk sentiment boosts crypto market recovery
Analysis

Bitcoin tops $64K as improving risk sentiment boosts crypto market recovery

July 11, 2026
Solana price prediction: Why analysts see more upside for SOL
Analysis

Solana price prediction: Why analysts see more upside for SOL

July 10, 2026
ARB jumps as Robinhood Chain fee-sharing strengthens long-term outlook
Analysis

ARB jumps as Robinhood Chain fee-sharing strengthens long-term outlook

July 9, 2026
ZEC surges 4%, targets new weekly high
Analysis

ZEC surges 4%, targets new weekly high

July 8, 2026
Mixed market signals leave XLM at key technical levels
Analysis

Mixed market signals leave XLM at key technical levels

July 8, 2026
Next Post
The Trump Family Trust Bought Bitcoin-Linked Stocks In First Quarter: Filing

The Trump Family Trust Bought Bitcoin-Linked Stocks In First Quarter: Filing

New film about forgers is ‘Miami Vice’ for the art-world crowd – The Art Newspaper

New film about forgers is ‘Miami Vice’ for the art-world crowd - The Art Newspaper

Facebook Twitter Instagram Youtube RSS
Blockchain 24hrs

Blockchain 24hrs delivers the latest cryptocurrency and blockchain technology news, expert analysis, and market trends. Stay informed with round-the-clock updates and insights from the world of digital currencies.

CATEGORIES

  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Blockchain Justice
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Web3

SITEMAP

  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Blockchain 24hrs.
Blockchain 24hrs is not responsible for the content of external sites.

  • bitcoinBitcoin(BTC)$63,964.00-0.23%
  • ethereumEthereum(ETH)$1,802.400.30%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$574.51-0.45%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • rippleXRP(XRP)$1.10-1.21%
  • solanaSolana(SOL)$76.76-1.51%
  • tronTRON(TRX)$0.3300020.22%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.040.73%
  • HyperliquidHyperliquid(HYPE)$67.170.75%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
Crypto Marketcap

Copyright © 2024 Blockchain 24hrs.
Blockchain 24hrs is not responsible for the content of external sites.