Pi on the Move: Will the 6% Surge Trigger a Major Breakout?
The Pi Mainnet has been upgraded to Protocol 20, a significant step toward enabling smart contracts. The price of PI surged 6% in 24 hours to approximately $0.1882, with its market cap at $1.84 billion and trading volume up over 15%. Technical indicators present a mixed but cautiously optimistic outlook: the MACD shows early recovery signs within a downtrend, the CMF indicates healthy buying pressure, and the RSI at 51.91 suggests a slight bullish edge. However, momentum remains weak overall. The price faces near-term resistance at $0.1896, with support at $0.1868 if a bearish reversal occurs.
TheNewsCrypto03/20 14:35