Pi Coin Could See a Comeback Opportunity Amid The Market Crash – Here’s How
The market crash triggered by renewed US–China tariff tensions despatched most altcoins sharply decrease. Yet Pi Coin (PI) held its floor higher than anticipated. Despite shedding almost 23% over the previous week (a part of it taking place throughout the crash), the Pi Coin worth managed to remain above the $0.15 assist, displaying resilience at a time when most tokens broke decrease.
Since October 7, Pi has steadily recovered and now trades near $0.20, hinting that purchaser confidence could also be quietly returning. A better have a look at each the chart and on-chain conduct means that Pi may very well be gearing up for a rebound, supplied promoting strain retains cooling off.
Shrinking Sell Volume and Money Flow Show Buyers Are Returning
On the day by day chart, the quantity unfold sample—usually studied in Wyckoff-style evaluation—helps determine shifts in shopping for and promoting power.
During the tariff-driven crash, a crimson bar dominated the chart, signaling full management by Pi Coin sellers. But that bar has now turned yellow, that means sellers stay lively however with much less depth.
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More importantly, the yellow bars have been shrinking. That exhibits promoting momentum is fading, and patrons are regularly stepping in.
The final time this shrinking sample appeared was in early August, when Pi Coin rallied almost 40% in simply 4 days. If this pattern continues with out one other spike in crimson promote bars, PI could see a comparable short-term rebound once more.
The Chaikin Money Flow (CMF)—which measures how a lot large-scale or institutional cash is getting into or leaving an asset—provides to this constructive setup.
Even although CMF briefly dipped under zero, it stays nicely above its October 7 low and much stronger than its late-August ranges.
This means large merchants are nonetheless quietly accumulating Pi Coin, at the same time as smaller traders stay cautious (exhibited by still-yellow Wyckoff bars). Together, these indicators replicate a cooling sell-off and sluggish return of purchaser power.
Bullish Divergence Hints at a Pi Coin Price Reversal in Motion
On the 12-hour chart, Pi Coin’s price has shaped a bullish RSI divergence between September 23 and October 10. While the worth made a decrease low, the Relative Strength Index (RSI) made a greater low, displaying that downward momentum is shedding pressure.
While this type of divergence is normally related to pattern reversals, contemplating PI’s weak worth historical past, a rebound appears to be like extra seemingly.
(RSI measures momentum between 0 and 100, displaying when an asset is overbought or oversold.)
At the time of writing, PI trades at $0.201, sitting close to the 0.236 Fibonacci retracement degree. A 12-hour candle shut above $0.205 might verify a breakout try towards the following resistance at $0.238 — a roughly 18% upside from the present worth.
If that transfer holds, PI might stretch features towards $0.264 (about 31% greater) and presumably $0.290 (round 44% above present ranges).
However, a drop under $0.184 would invalidate this rebound setup and will push the Pi Coin worth again towards even $0.153, relying on how the broader market reacts.
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