Pi Crypto Coin Price Analysis: Coiled Spring Ready to Pounce?
Pi crypto coin price was left in the dust this week as investors piled into Bitcoin and other altcoins. The once-popular token was trading at $0.4712 on Saturday, July 12, a range it has remained stuck in the past few days.
Chart Pattern Points to a Pi Crypto Coin Price Surge
Pi Coin price has remained under pressure this week, even as Bitcoin surged to a record high, triggering a massive bull run among altcoins.
This performance was likely due to the ongoing token unlocks, which have led to a substantial increase in supply.
Still, the daily chart points to an eventual Pi Network price recovery in the coming weeks. The chart shows that it formed a double-bottom pattern at $0.3980, its…
