Pi Network Introduces DEX and AMM on Testnet to Enhance Pi Coin Functionality
New Features on Testnet: Pi Network has introduced a decentralized exchange (DEX) and an automated market maker (AMM) on its Testnet, allowing developers to create test tokens and simulate trading activities.
Focus on Safety and Innovation: The Pi Core Team emphasizes that keeping these features on the Testnet enhances safety while enabling innovation, as the main network restricts new token creation until thorough testing is completed.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN). As of , TokenFi (TOKEN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00186 | 0.00208 | 0.0023 | 0.00251 | 0.00273 | 0.00295 | 0.00317 |
| Fibonacci | 0.00208 | 0.00224 | 0.00235 | 0.00251 | 0.00268 | 0.00278 | 0.00295 |
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