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Reading: Pi Coin Price Prediction for March 12
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EdaFace Newsfeed > Latest News > Price Analysis > Pi Coin Price Prediction for March 12
Price Analysis

Pi Coin Price Prediction for March 12

vitalclick
Last updated: March 12, 2025 7:07 am
2 months ago
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Contents
Pi Coin Price Prediction TodayNever Miss a Beat in the Crypto World!FAQs

After a relief rebound in the last two days, Pi Network (PI) has approached a crucial pivotal stage that will decide its fate for the coming weeks. The large-cap altcoin, with a fully diluted valuation of about $16.3 billion and a daily average trading volume of about $405 million, has rebounded around 8 percent in the past two days to trade about $1.48 on Wednesday, March 12, during the early European session.

As a result, Pi coin was the top trending crypto asset on Coingecko in the past 24 hours, signaling its rising popularity among speculative traders.

Pi Coin Price Prediction Today

In the 1-hour time frame, Pi price has been consolidating in a symmetrical triangular pattern for the past four days. Following the reliefs rebound in the past two days, Pi price is now retesting the upper border of the symmetrical triangular pattern.

  • Also Read :
  •   Pi Network News: Users Sell Accounts Amid Mainnet Migration Issues
  •   ,

As Coinpedia previously noted, Pi price has already confirmed a reversal pattern, which was characterized by head and shoulders formation coupled with a bearish divergence of the daily Relative Strength Index (RSI). Consequently, the odds of a reversal toward a lower low remain high in the coming days.

Moreover, zooming into the 5-minute time frame shows a clearer picture of the bearish sentiment. Notably, Pi price has been forming a potential double-top coupes with a bearish RSI in the five-minute candlestick. Consequently, a consistent drop below $1.46 will eventually lead to a further decline towards the lower border of the symmetrical triangular pattern.

However, a consistent close above the upper border of the symmetrical triangular pattern will lead to bullish sentiment in the coming days.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

Is Pi Coin in a bullish or bearish trend?

Pi Coin consolidates in a symmetrical triangle. A close above resistance is bullish, while a bearish RSI signals potential downside risk.

Why is Pi Network (PI) trending today?

Pi Network gained 8% and topped Coingecko’s trending list due to rising speculative interest and key technical price movements.

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