PI Coin Plummets 24%: کیا بیچنے والے کی تھکاوٹ دوبارہ واپسی کا اشارہ دے رہی ہے؟

دی کرپٹو گزشتہ 24 گھنٹوں کے دوران مارکیٹ کی مجموعی سرمایہ کاری میں $160 بلین کا صفایا کرتے ہوئے، مارکیٹ کو بڑے پیمانے پر مندی کا سامنا کرنا پڑا ہے۔ اس تیزی سے گراوٹ نے PI کو اپنی قیمت کا 24% بہایا ہے۔.

تاہم، تکنیکی اشارے یہ بتاتے ہیں کہ مقبول altcoin کے افق پر ریباؤنڈ ہو سکتا ہے۔.

PI’s بازار کمی بیچنے والے کی تھکاوٹ کے آثار دکھاتی ہے۔

PI’s hourly chart reveals that its Relative Strength Index (RSI) is near the oversold territory, signaling that selling pressure may be reaching exhaustion. As of this writing, this momentum indicator is downward at 31.36.

An asset’s RSI measures its overbought and oversold market conditions. It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a retracement. On the other hand, values under 30 suggest that the asset is oversold and may witness a rebound.

At 31.36, PI’s RSI signals that the token is nearing oversold territory. This suggests weakening selling pressure and the potential for a price rebound if buyers step in.

In addition, PI’s price just broke below the lower line of its Bollinger Bands indicator, confirming sellers’ exhaustion. This indicator is a volatility marker consisting of a middle-moving average line and two outer bands that expand and contract based on price fluctuations.

When an asset’s price breaks below the lower band, it signals that it is oversold and trading at an extreme deviation from its average price. If buying pressure increases, this can indicate a possible rebound or trend reversal.

PI Teeters at Crucial Level—Breakout or Breakdown Ahead?

PI ڈیمانڈ میں دوبارہ اضافہ $3 کی اپنی ہمہ وقتی اونچائی کی طرف واپسی کا باعث بن سکتا ہے، جو جمعرات کو پہنچا تھا۔ یہ اس کی موجودہ قیمت $2.08 سے 44% اضافہ کی نمائندگی کرتا ہے۔. However, for this to happen, PI must first break above the resistance formed at $2.56.

اس کے برعکس، اگر PI کی نئی مانگ کی کمی کی وجہ سے نیچے کا رجحان جاری رہتا ہے، تو اس کی قیمت $1.62 کی طرف گر سکتی ہے۔.

یہ مضمون انٹرنیٹ سے لیا گیا ہے: PI Coin Plummets 24%: کیا بیچنے والے کی تھکاوٹ دوبارہ واپسی کا اشارہ دے رہی ہے؟

Related: The countdown to the mainnet launch of the “King of MLM” PI is coming to fruition. Are the 60 million people who have be

Original | Odaily Planet Daily ( @OdailyChina ) Author｜Nan Zhi ( @Assassin_Malvo ) After nearly six years, Pi Network, a legendary project in the cryptocurrency world, finally announced that it will launch its mainnet on February 20. PI has been full of controversy since its inception, one coin for one young model, two coins for a yacht, various pyramid schemes, fission routines and exaggerated slogans have made it have countless believers, and it is also regarded by many as an IQ detector. Today, OKX announced that it will open Pi Network spot trading at the same time as the Pi Network mainnet is open. Could it be that the aunties are really going to get rich this time? (Internet meme picture) Origin of PI coin Pi Network was founded in…