Pi Coinrecently attracted attention of investors with the price movements that have attracted attention. Altcoin, which gained more than 27 percent in the last 24 hours, is traded at $ 1.64. Pi NetworkAfter the launch of the main network, despite a major decrease, the investors hoped for investors to recover over $ 1.50. Technical indicators also support the rise. Analysts predict that the price can reach $ 3,14 if this rise continues.
Factories Supporting the Rise in Pi Coin
Pi A few basic factors stand out for Coin’s value. The leading of the transaction volume and strong technical formations are the most important of these. Analysts say that these developments can lead to further rise in the price.
In recent days, Pi Coin’s trading volume has increased to a great extent. With the increase in the interest of investors, the volume reached $ 1.53 billion. This indicates that big investors are introduced to the market. Moreover, Altcoin’s price graph is a “cup handle” formation, which gives a strong rise signal. This formation is generally considered as a powerful technical signal indicating that the bull market will continue. In addition, the RSI indicator reveals that the procurement pressure continues.
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According to the technical analysis, Pi Coin is preparing to test the $ 2.20 level. If the rise continues, the target of 3.14 dollars may come up. It is said that the price may rise further if the positive atmosphere in the market continues
Investor interest increases while the stock market listing continues
Listing Pi Coin on large stock exchanges has a significant impact on price movements. The results of the surveys for new stock market listing and stock market list are the results of the developments that increase the interest of investor.
Pi Coin is currently traded on five large stock exchanges like OKX, Mexc, Bitget, Gateio and Pionex. This development of more investors altcoinIt made him access and had a positive impact on the price.
On the other hand Binance In a survey conducted by 85 percent of the participants supported the list of Pi Coin on the stock market. Although an official announcement has not yet been made, investors think that this may create a great opportunity for Pi Coin in the future.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
