Pi Coin faces a huge trend, recently traded at $ 0.44, just shy of its lowest level (ATL) of $ 0.40. Altcoin has struggled with fixed price declines during the past two months, and the current market conditions do not offer much satisfaction.
There is a major issue that contributes to this declining trend is the Pi Coin’s association with Bitcoin, which may affect the prospects of recovery.
The PI coin continues to lose support
Pi Coin’s association with Bitcoin, an important factor for many Altcoins, has decreased steadily. Currently, the Pi Coin -0.50 is connected, which means that it moves in the opposite direction of Bitcoin.
Since Bitcoin has recently seen a rise, the opposite PI Coin is a cause of anxiety.
The separation between the Pi and Bitcoin coin has become an increasing issue. The bullish feeling in the broader market, which is fueled by bitcoin price movements, has not been translated into a positive work for the PI.
Despite the negative feelings surrounding PI, there are some signs of possible fluctuations. The pressure momentum index currently shows an accumulation of bullish momentum, as shown in black points on the graph.
This may lead to fluctuating pressure, which is often followed by sudden price movements once the pressure is released.
However, in the current case of the PI Coin, the pressure can lead to a sharp, severe step, adding to the ongoing altcoin conflicts. With the continued momentum continues to control, any fluctuations can pay the price further towards the ATL.
PI price in trouble
The current PI Coin price of $ 0.44 maintains a little resistance of $ 0.45, which is a crucial level for Altcoin. However, with the continuous declining direction, this resistance proves the difficulty of its breach.
Altcoin has faced continuous decreases over the past two months, and without significant support, it remains usual for more drops.
The PI is only 10 % of reaching its lowest level ever at $ 0.40. Looking at the current market conditions and the negative relationship of PI Coin with Bitcoin, the chances of decreasing Altcoin to this level grow.
However, if investors have increased purchase pressure, the PI may face a recovery. A successful breach of $ 0.45 in support may lead to a recovery, which prompted the price to $ 0.49.
If this happens, the current downward trend can be nullified, providing a potential window for PI to reflect its wealth.
Disintegration
In line with the guidance of the confidence project, this price analysis article is for media purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and unbiased reporting, but market conditions are subject to change without notice. Always perform your research and consult with a professional before making any financial decisions. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.
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2025-07-19 18:00:00
