Crypto markets experienced a brief rise after a crypto strategic reserve announcement containing leading tokens such as Bitcoin, Ethereum, XRP, Solana and Cardano. However, the markets fell again when President Trump confirmed that he started to apply 25 %customs tariffs to Canada and Mexico. Bitcoin tries to regain the acceleration it lost by declining below $ 84,000, while Pi Network exhibits a certain power. The Pi Coin price makes great efforts to maintain acceleration from early trading hours.
Pi Coin is based on market collapse
Crypto markets, leading tokens, Bitcoin, Ethereum, XRP, Solana and Cardano’yu a strategic reserve announcement of a short -term rise after a strategic reserve announcement. However, the markets fell again, as US President Donald Trump has initiated 25 %customs tariffs for Canada and Mexico. Bitcoin is trying to regain the acceleration it has lost by declining below $ 84,000. In the midst of these fluctuations, Pi Network continues to attract attention while maintaining its strong stance.
Immediately after the release of Pi Network, the price approached $ 3 with a rapid rise, but it declined by not overcoming this level. In recent days Pi, Hedera’yı leaving behind the market ranking 11th step rose. This development increased expectations that Token could have a major impact on the market.
“Taurus acceleration” in PI price
Despite the general decrease in the market, the Pi price continues to maintain a relatively stable bull trend. Looking at the technical indicators, it is seen that the price comes out of a downward trend in the short term, but the rise is not fully confirmed. Token, which is exposed to high fluctuations, shows signs of decreasing volatility due to the narrowing of Bollinger bands. Furthermore, the fact that Stockastic RSI reaches the extreme purchase zone indicates that a short -term withdrawal may be experienced.
At this point, the Pi price can be expected to collect its strength from the support zone of $ 1,60-1.62 and increase to the resistance level of around $ 1.92. However, the lack of listed in token’s leading stock exchanges such as Binance may trigger potential investor sales and have a negative impact on the price. As a result, the market conditions will have to support the Pi Network price to maintain a stable rise trend. Despite the lack of listed on platforms such as Binance, Token’s interest by a large audience is critical.
