The massive network unlock may relapse the course

The context: After a fanfare launch at the end of February 2025, the Cry token Crypto Pi Network was struck by a persistent downward trend that sent it to a record hollow of $ 0.40. Despite a brief recovery, the asset is down again. This major tokens Pi unlock could intensify the downward dynamics that has already affected its course in recent weeks, arousing concerns about a new fall towards its record. Pi under the influence of a persistent lowered feeling according to Piscan, 9.5 million tokens worth 5.76 million dollars at current market prices must be put into circulation this Friday, April 18. This unlocking is part of a calendar which will mark the total unlocking of more than 1.56 billion tokens Pi in the next 12 months. Pi unlock graph. Source: Piscan with recent opposite winds on the entire Crypto market, this group of tokens to unlock this month could trigger an increased sales activity, especially since demand for this Altcoin is currently low. In addition, the technical indicators suggest a weakening of the support. For example, the Balance of Power (BOP) of PI is in decline at the time of writing this article, currently below zero with a value of 0.75. BOP DE. Source: TradingView This indicator measures the pressures of purchase and sale of an asset. When it drops in this way, this indicates that sellers are currently controlling the situation, therefore exercising more influence on price action than buyers. This confirms the downward trend on the Network PI switches and signals a continuous downward pressure on its price. In addition, the Chaikin Money Flow (CMF) of PI remains firmly below the central line, being moreover positioned since its price began to decline on February 26. This momentum indicator is currently at -0.17. CMF of PI. Source: TradingView The Pi negative CMF indicates a higher sale pressure to the purchase pressure, which means that the funds leave the market for this asset. This also confirms the lowered feeling and points to potential new price reductions. The Pi lesson could relapse to its historic floor The PI lesson is currently negotiated below its exponential mobile average (EMA) over 20 days, which forms dynamic resistance above its price at $ 0.70. The EMA over 20 days measures the average price of PI in the last 20 days of trading, by granting more weight at recent prices. Thus, while the PI is currently negotiated below this key mobile average, this indicates the presence of a lower short -term dynamic. This suggests that the sellers dominate, and the assets could face a sustained downward pressure. If the decline persists, Pi could descend to its historic minimum of $ 0.40. Analysis of the PI price. Source: Conversely tradingView, a resurgence of the request for Altcoin could ultimately cancel this downward thesis. In this case, PI could exceed its EMA over 20 days and head for $ 0.95. Morality of history: A crypto unlock is the most when the course is on the ground. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, this article of price analysis is only intended for information purposes and should not be considered as financial or investment advice. Beincrypto undertakes to provide exact and impartial information, but market conditions may change without notice. Always carry out your own research and consult a professional before making any financial decision.

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