Pi Coin Price Prediction for today (May 15)

Pi Coin has cooled a little after his great escape earlier this week. The price had climbed beyond the $ 1.30 bar, but has since fallen at around $ 1.07, lowering more than 12% over the day. The volume of negotiation also fell 11%, which suggests that some traders were locking the profits and the momentum took a hit.

However, the situation as a whole has not changed much. The price of the PI network is above the old downward trend line in which it has broken earlier this month, and most of the indicators are always increased. The key question is now whether Pi Coin can stay above the area from $ 1.00 to $ 1.10. If he holds, the trend raised could still have legs. If he breaks, things could again shorten.

What the Pi Coin Table shows

The daily graphic always shows a classic configuration in the event of a test. After exchanging a long downward trend for months, the price of the PI room crossed the resistance line in early May and exceeded $ 1.30. The rally was supported by multiple strong green candles, showing increased demand and momentum.

Now the price oscillates just above the rupture area. The recent red candle with a long upper wick suggests a rejection almost $ 1.30 and sales pressure advice. If the bulls can defend the fork from $ 1.05 to $ 1.10, the decline can simply be a healthy break before the next movement above. A break below this level, however, could open the door to a drop to the $ 0.75 area.

Read also: Chainlink (link) preparing for a rally while the analyst is following the next major target

Technical indicators (daily deadline)

Analysis of indicators (textual)

RSI and CCI are above the typical thresholds, signaling a strong momentum but also suggesting that a temporary withdrawal may be necessary. MacD continues to show a bullish crossover, supporting the idea that the trend has not yet reversed.

The rock remains very high, indicating a rapid acceleration of prices, which can often lead to a short period of cooling. Taurus / bear energy also promotes buyers, although the advantage has slightly weakened.

PRIO PRIO PRIOS for today (May 15)

1. Fymistic case

2. Realistic case

• Target: $ 1.08 – $ 1.15
• Lateral consolidation just above the escape area remains likely. Traders can remain cautious, waiting for the volume to come back before making directional bets.

3. Optimistic case

• Target: $ 1.25 – $ 1.40
• If the bulls defend the zone of $ 1.05 and the volume accumulates, the price of the PI room can retain $ 1.30 and potentially higher. A strong $ 1.30 thrust could lead to new short -term heights.

What we did yesterday

In our prediction of May 14, we planned that Pi Coin would be negotiated in the range from $ 1.18 to $ 1.35, with a possible escape depending on the volume and the strength of the support at $ 1.05.

Although the price was not more than $ 1.18, our warning concerning a possible decrease to $ 1.05 took place with precision. The indicators suggested that a withdrawal was due and the retirement confirmed this scenario while keeping the broader trend structure.

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