Pi Coin Down 7% Weekly, Tests Key Support at $0.19

PI Network Price Analysis

  • PI has decreased by over 7% in the past week, trading at $0.2052, down more than 90% from its peak.
  • The price is moving within a long-term descending trendline, acting as resistance.
  • Support is being tested near the $0.19 to $0.20 zone, indicating potential stability for buyers.
  • A hidden bullish divergence was noted between November 4 and December 11, with higher lows in price but lower lows in RSI, hinting at a possible correction stage end.
  • If PI holds above $0.19, a short-term bounce towards the $0.26 to $0.30 range is possible.
  • A stronger recovery requires a daily close above $0.30, potentially leading to $0.45 to $0.50.
  • A close below $0.19 could lead to a slide toward $0.17.

PI Price Chart

Bitcoin Hyper Overview

  • Bitcoin Hyper ($HYPER) is designed to enhance Bitcoin with Solana's speed and low fees.
  • It allows fast transactions, rewards, app usage, and NFT launches on Bitcoin with minimal costs.
  • The presale is attracting investors, offering up to 39% staking rewards for early participants.
  • Utilizes Hyper Bridge for secure BTC wallet integration and Layer 2 minting.

Bitcoin Hyper Project