Pi Network Sets New Deadline for Upcoming Token Update
- New Deadline Announcement: Pi Network has announced a new deadline related to the upcoming PI token update, although specific details regarding the timeline and required user actions remain unverified, potentially impacting user participation and token circulation.
- Unclear User Actions: It is currently unclear what specific actions users need to take before the deadline, and this uncertainty may lead to inadequate preparation for the token update, affecting their investment decisions.
- Market Environment Impact: With Bitcoin's price nearing $80,000, the new deadline from Pi Network could influence its token's market performance, prompting users to consider how market sentiment affects project milestones.
- Importance of Follow-Up Confirmation: Users should closely monitor official Pi Network channels for follow-up announcements that clarify the deadline, required actions, and consequences of missing the cutoff, as this will directly impact their token holding strategies.
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Technical Analysis for
Technical Sentiment Analysis for (). As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for 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, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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