Friday, July 3, 2026
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

PI faces corrective pressure as token struggles below $0.17

by Catatonic Times
May 16, 2026
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on Twitter


Key takeaways

Pi Community extends losses on Friday as a 50-period EMA caps short-term restoration makes an attempt.
The token may drop under the $0.1600 if the bearish development persists. 

Pi Community (PI) prolonged losses on Friday, risking a bearish breakout from its short-term consolidation on the 4-hour chart. 

The token stays capped by the 50-period Exponential Shifting Common (EMA) at $0.1733, limiting restoration regardless of the latest launch of vibe coding options throughout the Pi ecosystem.

Vibe coding options purpose to spice up ecosystem growth

The Pi Community has launched vibe coding instruments for builders, enabling the conversion of AI-assisted apps—from platforms like Codex, Claude Code, Replit, Cursor, and Lovable—into Pi Apps. 

This integration may scale back app growth time and strengthen the ecosystem, which boasts over 60 million engaged customers.

Technical outlook: correction stress persists

The PI/USD 4-hour chart stays bearish and environment friendly as PI is down by greater than 2% within the final 24 hours. 

PI is presently below a corrective bias, capped by the 50-period EMA at $0.1733 on the 4-hour chart and the 200-period EMA at $0.1771. 

The pair additionally sits under a close-by downtrend resistance line round $0.1741, reinforcing the upside barrier.

If the bulls regain management, preliminary resistance can be seen on the 50-period EMA at $0.1733 and the 200-period EMA at $0.1771 cap short-term upside. A close-by downtrend resistance line round $0.1741 provides to the barrier.

The momentum indicators additionally recommend that the bears are nonetheless in management.  The Relative Power Index (RSI) sits at 45, under the midline, signaling persistent promoting stress. 

The MACD stays near-flat, suggesting weak, consolidative momentum quite than a decisive rebound.

PI/USD 4H Chart

Nonetheless, if the bearish development persists, instant assist would emerge on the S1 Pivot Level at $0.1645.

Pi Community’s short-term outlook stays cautious, and merchants ought to monitor each EMA and trendline ranges for indicators of a breakout or deeper correction.

Share this articleCategoriesTags



Source link

Tags: CorrectivefacesPressureStrugglestoken
Previous Post

Washington DC Summit as Real Estate Tokenization Enters Its Next Phase

Next Post

The Trump Family Trust Bought Bitcoin-Linked Stocks In First Quarter: Filing

Related Posts

XRP struggles below key resistance amid geopolitical tensions
Analysis

XRP struggles below key resistance amid geopolitical tensions

June 24, 2026
Ethereum reclaims ,650 as Ethereum Foundation cuts 20% of workforce
Analysis

Ethereum reclaims $1,650 as Ethereum Foundation cuts 20% of workforce

June 25, 2026
Pi Network slips below alt=
Analysis

Pi Network slips below $0.1300 as sellers tighten control

June 26, 2026
Dogecoin slides below alt=
Analysis

Dogecoin slides below $0.08 as bearish signals intensify across markets

June 27, 2026
XRP dips to .10 as Ripple secures preliminary MiCA approval
Analysis

XRP dips to $1.10 as Ripple secures preliminary MiCA approval

June 27, 2026
Bitcoin remains under pressure below K as US-Iran negotiation uncertainty persists
Analysis

Bitcoin remains under pressure below $63K as US-Iran negotiation uncertainty persists

June 29, 2026
Next Post
The Trump Family Trust Bought Bitcoin-Linked Stocks In First Quarter: Filing

The Trump Family Trust Bought Bitcoin-Linked Stocks In First Quarter: Filing

New film about forgers is ‘Miami Vice’ for the art-world crowd – The Art Newspaper

New film about forgers is ‘Miami Vice’ for the art-world crowd - The Art Newspaper

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Ripple Joins Open USD Stablecoin Consortium Backed by Visa and Mastercard
  • Experts Say June $4.5B ETF Exit Reflects Macro Shift, Not Bitcoin Weakness
  • Mirandus: Eternal Night Adds Party System and New Rewards
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.