pinetwork

Update the price of the IP price after provoking the detention of 11 million new currencies by increasing panic, and the two groans insist in targeting the price of $ 5

The price of the PI network (PI) has succeeded after the decoding of 11 million new Pi currencies, but the Bulls (speculators high) still bet a lot about the price of the $ 5 in the long term; Do we act on the horizon an upward penetration?

The price of the price of the PI network (PI) is not promising due to the flow of millions of Pi currencies to its daily display, which caused the imbalance of supply and demand in the middle of the increasing supply, to find the currency itself excluded from the 5 currencies which begin the weekly losses after losing 15% of its value, while the rest has made it possible to speak.

While the excessive supply continues to be paid for demand and the reservation renovated neglects new currencies of 228.5 million over the next 30 days, it should not reduce decline pressures.

A graphic scheme for reservation release from PI display, Source: Piscan

It clearly emerges from the above that downward pressures do not show signs of decline, especially since it should be dismantled by 228.5 million currencies over the month. This coincides with the increase in the pressure of macroeconomic factors, as well as the push of the trade war between the United States and China to the American GDP index (GDP) to record the first quarterly quarterly quarterly since the first quarter of 2022, confronted with the intense Currency in the control of fear, suspicion and lack of certainty (FUD) Markets.

Pi Analysis of currency prices and the reasons for pursuing bulls with optimism

Depending on this situation, the PI price can be a sign of $ 5, while the main measures taken by the PI Core team – to accelerate the pace of decentralized applications (DAP) and adopt them – can open the way to increase its uses of its work.

However, the PI system is still faced with difficulties linked to the increase in its adoption due to its lack of work to practical functional uses which can support its growing value in a lasting way, so that its price movements have remained very volatile. The 2025 consensus – which should be held in the middle of May – can represent a turning point for the PI network project, because its developers can display the capacities of its technical system and erase the image of its currency as a speculative currency with high inflation rates.

Therefore, the investor’s confidence can increase, which can reimburse its price. Consequently, the PI can increase with its success by hacking its downward price channel, which has spread since the start of its main network.

A graphic plan for the price of daily PI / USDT matching shows its success by hacking its extended descending channel, source: tradingView / OKX

The penetration objective of the downhill price canal is located almost 1 $ 1, which represents 100% possible gains compared to its current level, but the purchase dynamics slowed down after its penetration to reduce the price, forming the similar artistic triangle model, which led it to re-test of the support zone at $ 0.50, which offered it relatively relatively relatively.

MacD daily movements continue to decrease towards the signal line, which calls for caution. If the steering line is set without the signal line, the retirement price can be established, giving the field to undergo stronger losses. In the absence of strong incentives before the 2025 Shadow Conssensus conference, the PI may continue to decrease below $ 0.40, a decrease of 30% compared to its current level.

A new first introduction (ICO) avoids investing in slow parts such as Pi

The performance of alternative monetary markets has recently improved in the midst of missing investors in the bad projects themselves the possibility of reaching large gains with the stability of the majority of them currently the highest levels recorded only 4 months ago.

Here, the role of the spirit of Pepe (Mind) comes, the project which allows traders to invest it early in its currency and to win gratifying yields before its imminent launch on the open market, but the artificial intelligence agent can actively interact with the Crepto communities through its account on the X platform, direct the head of discussions and explore the promising information opportunities and provide information on information Promising in information on information on alleged buildings and the ignition of the market trips.

The UFV Mind and its community also appreciated the telegram with early access to new currencies with solid growth capacities before its launch, knowing that the current subscription of the mind has currently managed to collect more than $ 8.5 million at the time of the editorial staff, benefiting from the famous Bibi character, as well as relying on one of the strongest trends in the proximity of the MIM during the Cycle de Mim. The popularity of artistic intelligence.

They were aware of the latest project developments by joining its societies via social media; You can participate in the subscription of his work by visiting the official spirit of Pepe.

Follow us via Google News

The post of update The price of the price of the PI currency after having caused the detention of 11 million new currencies by increasing panic, and the Bulls insist on targeting the price of $ 5 compared to Arab Cryptonews.

Exit mobile version