With a 4% gain, PI is now trading in the $0. 25 zone. The daily trading volume has soared by over 35%. Over the last few days, the broader market sentiment has been stuck in extreme fear. All the recovery attempts have failed, and the price charts of the crypto assets are in red, losing momentum. Turning attention toward the altcoin pack, PI has registered a 4. 41% in the last 24 hours. The asset opened the day trading at a low level of $0. 237, and with the bullish wave, the price has risen toward a high of $0. 2557. To confirm the positive price trend, PI has tested crucial resistance ranges between $0. 2375 and $0. 2552. Upon the bulls gaining enough momentum to kickstart a steady rally, the price could see more upside. The CoinMarketCap data has reported that at the time of writing, PI traded within the $0. 2511 mark. Concurrently, with its market cap staying at $2. 08 billion, the daily trading volume of the asset has surged by over 35. 25%, reaching the $38. 68 million zone. Is PI Preparing for a Stable Climb? PI’s Moving Average Convergence Divergence Eyeing Bullish Hopes or Facing Bearish Risks?.
https://bitcoinethereumnews.com/tech/are-buyers-strong-enough-to-sustain-the-price/
Are Buyers Strong Enough to Sustain the Price?
