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Cryptocurrency News Articles
Pi Coin (PI) Price Prediction: Is the Dip an Opportunity or the Start of a Downtrend?
Apr 29, 2025 at 04:18 pm
Pi Coin is under pressure, currently trading just below $0.60 after dropping over 4% in the past 24 hours. The price is sliding toward lower support
The price of Pi Coin (PI) is currently under pressure, trading just below the $0.60 mark after a decline of over 4% in the past 24 hours. The coin is sliding toward lower support near $0.55, even as the overall crypto market shows signs of recovery.
One of the warning signs is the RSI (Relative Strength Index), which has fallen to 30 — a level that suggests oversold conditions for Pi. This means the coin may struggle to perform a strong rally unless buying pressure increases.
Moreover, Pi is still trading below its key trend line, which could continue to exert downward pressure on the coin in the short term.
What’s Driving Interest in Pi?
However, Pi Network is making interesting moves behind the scenes. Reports suggest the team is in talks with smaller e-commerce platforms in Southeast Asia and Africa to position Pi as a cross-border micro-payment option in regions where traditional banking is still limited.
At the same time, there’s speculation that HTX (formerly Huobi) might be planning to list PI $PI soon.
HTX is one of the top global exchanges, with over $1.7 billion in daily trading volume. Recently, the exchange posted a mysterious graphic featuring the Pi Network logo, which sparked excitement across the community.
This listing would be significant, especially considering Pi’s large community and use-case potential in emerging markets, which could lead to a major price rally.
If HTX is indeed listing Pi, it would be interesting to see what commission rates and trading pairs the exchange decides to offer.
The post Pi Coin Price Today: Is A Major Exchange Listing Imminent? appeared first on Benzinga.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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