Pi Coin's value has been surging, showing strength across various timelines. However, this rise comes in the face of a declining 24-hour trading volume. Is this a red flag signaling trouble ahead, or just a normal market correction? This article delves into the current trends and explores which coins are primed for potential growth. Pi Network Price Shows Short-Term Growth Potential Amid Volatility Source: tradingview Pi Network's price is currently moving between $0.14 and $0.21. It has recently shown some recovery with a weekly boost of over 26%, although it dropped by about 12% over the past month and halved in value over six months. The 10-day moving average stands slightly higher at $0.18 compared to the longer-term 100-day average of $0.17, indicating recent upward momentum. If excitement builds, the price might challenge its nearest resistance at $0.25, an increase of more than 30% from its lower range. Beyond that, the next hurdle is at $0.32. The level of $0.10 continues to offer support if the slide continues. Conclusion Pi has shown sustained growth across all timeframes. This movement comes even though its 24-hour trading volume has decreased. The decrease in trading volume may indicate a short-term pullback. It's still important to observe how Pi performs next. The current trend will be closely watched to see if it represents a pause before further gains or a sign of potential weakness. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
