Pi Coin (PI) Price Prediction & Analysis for July 12
The Pi Coin price is making a fresh push above the $0.50 level after consolidating below key support zones for nearly three weeks. As of July 11, Pi Coin price today is trading at $0.5025, up nearly 1.2% over the past 24 hours. This recovery comes after reclaiming the lower boundary of the June-July descending channel, backed by rising momentum across intraday charts.
What’s Happening With Pi Coin’s Price?
On the 4-hour chart, Pi Coin price action shows a confirmed breakout from a descending wedge structure that began in late June. The break above $0.4870 has flipped the Supertrend bullish and triggered a sharp rise toward $0.5060. This marks the first time since June 28 that PI has closed decisively above its EMA50 and EMA100, signaling a shift in short-term sentiment.
The daily chart also shows price attempting to break out from a larger triangle consolidation. Pi has now printed two green candles in a row after defending the $0.4460 low. Meanwhile, the 0.236 Fibonacci level near $0.4830 is acting as reclaimed support, while the 0.382 Fib at $0.5130 is now b…
The post Pi Coin (PI) Price Prediction & Analysis for July 12 appeared first on Coin Edition.
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Pi Coin (PI) Price Prediction & Analysis for July 12
The Pi Coin price is making a fresh push above the $0.50 level after consolidating below key support zones for nearly three weeks. As of July 11, Pi Coin price today is trading at $0.5025, up nearly 1.2% over the past 24 hours. This recovery comes after reclaiming the lower boundary of the June-July descending channel, backed by rising momentum across intraday charts.
What’s Happening With Pi Coin’s Price?
On the 4-hour chart, Pi Coin price action shows a confirmed breakout from a descending wedge structure that began in late June. The break above $0.4870 has flipped the Supertrend bullish and triggered a sharp rise toward $0.5060. This marks the first time since June 28 that PI has closed decisively above its EMA50 and EMA100, signaling a shift in short-term sentiment.
The daily chart also shows price attempting to break out from a larger triangle consolidation. Pi has now printed two green candles in a row after defending the $0.4460 low. Meanwhile, the 0.236 Fibonacci level near $0.4830 is acting as reclaimed support, while the 0.382 Fib at $0.5130 is now b…
The post Pi Coin (PI) Price Prediction & Analysis for July 12 appeared first on Coin Edition.
Read More
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