Open Source Mobile Mining PI Block Chain was in a huge price crisis on Friday, with PI Coin Unlocks affecting Altcoin’s market value on Friday. PI TOKEN ‘S (PI) prices have already fallen more than 45% over the last seven days to find their feet in a $ 0.82 support area.
PI network tokens stir market confusion
The psychological barrier, which lost a $ 1 price tag in the early March 21, 2025, gained a sharp drop in $ 1.03 to $ 0.96 in 5 minutes. Obviously, the resistance of $ 0.96 has not been maintained for a long time, and now the encryption analyst is $ 0.60 as the next main support area of the PI network (PI).
After this tweet, the price of the PI Coin is 3 cents lower than the contents described in the screenshot, while the 25% reduction in 24 hours can be explained by the inflation of the PI token. The PI Network (PI), which is currently trading at $ 0.86, is still licking the wound even after the huge PI token lock is released today.
Altcoin’s token lock release schedule is determined, which is an average of 3.63m Pi Network (PI) token for the next 30 days. Accelerated PI Network (PI) unlocking has greatly contributed to the PI Coin Price Crunch, and the monthly plan consists of a total of $ 108,741,564 PI tokens.
Treatment in Pi Coin’s power balance
According to the Balance of Power (BOP), the meter increased from high negative values in early March 21, 2025, and is currently exceeding 0.6. This means that the price of PI Coin is trying to integrate and cross the bollinger bands (Boll) on the 4 -hour chart.
As you can see from the image above, the lowest layer Bollinger band depicted in green starts at $ 0.8869, while PI Network (PI) is currently trading one cent of this price. If this key support field is owned, $ 1.09 is the following price target to be careful as the intermediate Bollinger band.
Finally, the technical bag derived from the moving average formula proposes a potential red label price of $ 1.35, which was finally charged on March 18, 2025. The lack of interest in major password exchange can limit the rapid rebound of the PI network (PI), but the open source chain continues to capitalize $ 6 billion despite the destruction of 25%.
on the other way
- The new open source PI blockchain project has not yet obtained the main list except OKX, despite the fact that the PI community has actively urged Binance to Binance after voting in the Binance Square.
Why this is important
The open source blockchain network allows all smart mobile devices to use encryption mining, and powerful developers and technical lovers have built a community.
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