|

Pi Coin Price Prediction: On-Chain Data Shows Strange Rise in Trading Volume – Are Whales Secretly Buying?

Pi Network social dominance and volume. Source: Santiment.

Pi Coin (PI) is displaying indicators of bizarre energy, and this time, it’s not being pushed by hype on social media.

While social dominance is falling, the value has climbed for seven straight days, with buying and selling quantity leaping to $8 million on Monday, the best in almost three weeks.

This sort of disconnect is uncommon for Pi, which generally strikes in sync with social buzz.

Analysts imagine bigger holders could also be positioning early, probably forward of a bullish Pi Coin price prediction.

For a token typically questioned over its lack of adoption, this transformation in habits may sign one thing greater unfolding.

Pi Network social dominance and volume. Source: Santiment.
Pi Network social dominance and quantity. Source: Santiment.

Retail participation stays subdued, pointing to whale-driven exercise behind the high-volume transfer, potential early positioning earlier than broader market participation returns.

PI Coin Price Prediction: What Do Whales Know?

This potential whale positioning comes as Pi Network approaches the apex of a possible ascending triangle sample.

The final retest of its decrease resistance unfolded as a launchpad, placing focus again on a breakout of its higher resistance at $0.215.

PI / USD 1-day chart, ascending triangle pattern. Source: TradingView.
PI / USD 1-day chart, ascending triangle sample. Source: TradingView.

Still, momentum indicators stay on the fence.

The MACD maintains a slender however rising lead on the sign line, suggesting the uptrend is gaining momentum. Yet, the RSI has stalled shortly after breaching impartial territory for the primary time since November, suggesting it could lack the energy to interrupt out.

Fully realised, the triangle eyes a possible 13% rise to $0.24, although this seemingly hinges on broader retail participation.

This reversal opens the door for a extra sustained reversal, eying resistance that capped upside over the previous quarter round $0.2725 – a 30% acquire.

PepeNode: An Easier Way to Accumulate

While wider market momentum stays on the fence, entrants on tokens like PI coin face a troublesome choice: sit out and miss out on the following leg up, or enter and danger publicity to potential heavy losses.

PepeNode ($PEPENODE) takes the stress out of the market by giving traders a better method to earn crypto, with out having to guess the proper entry level.

It’s a plug-and-play mine-to-earn (M2E) recreation, no {hardware} or technical setup required.

Just log in, gather digital nodes, stack your rigs, and begin producing meme cash passivemely.

Simple, enjoyable, and constructed for individuals who need publicity with out the headache.

And because of a built-in deflationary mannequin, the place 70% of all $PEPENODE spent on nodes and rigs is burned, shortage helps long-term token worth.

PepeNode gives a extra measured method to seize high-upside market publicity — with out counting on excellent entries.

There are simply 2 days remaining to hitch the presale; beginning post-launch may come at a better value.

Visit the Official Pepenode Website Here

The submit Pi Coin Price Prediction: On-Chain Data Shows Strange Rise in Trading Volume – Are Whales Secretly Buying? appeared first on Cryptonews.

Similar Posts