The Pi Coin price today is hovering around $0.742, consolidating after a short-term rebound from the $0.68 low. While the broader trend remains in recovery mode after last week’s steep decline from above $1.40, bulls are currently testing the confluence of moving averages and short-term resistance levels, suggesting a make-or-break moment for Pi Coin price action in the coming sessions.
What’s Happening With Pi Coin’s Price?
After a parabolic surge that took the Pi Coin price from $0.30 to over $1.60 in less than a week, the asset witnessed a sharp retracement, losing over 50% of its gains and revisiting the $0.65–$0.70 accumulation zone. However, buyers have started to regroup near this demand region, evident from the 4-hour candles forming higher lows over the past 24 hours.
Pi Network price dynamics (Source: TradingView)
Pi is currently capped by the 20-EMA and lower Bollinger Band on the 4-hour chart, both aligned near $0.78. A clean break above this zone could trigger fresh upside toward the $0.85–$0.90 supply region. Until then, the short-term trend remains fragile, with resistance keeping Pi Coin price spikes in check.
MACD And RSI Flash Mixed Signals
Pi Network price dynamics (Source: TradingView)
The 30-minute chart reveals a slight bearish divergence forming on the RSI, which has declined from the overbought zone of 70+ to 56 despite price remaining flat. At the same time, the MACD histogram has begun to contract, indicating waning bullish momentum. If bulls fail to hold above $0.72, we could see a retest of $0.70 or even the $0.68 zone.
Pi Network price dynamics (Source: TradingView)
On the higher timeframe, the daily chart shows a larger descending triangle structure forming, with Pi facing repeated rejections below $0.80. Until the upper trendline of this triangle is breached, price may remain range-bound between $0.68 and $0.80, creating choppy Pi Coin price volatility in the short term.
Ichimoku And Chande Momentum Support Caution
Pi Network price dynamics (Source: TradingView)
From the Ichimoku Cloud perspective on the 30-minute chart, Pi remains below the Kumo, with Tenkan and Kijun lines now flattening around $0.74. This suggests sideways consolidation unless a breakout or breakdown occurs. Meanwhile, the Chande Momentum Oscillator is showing declining strength at –39.01, signaling a lack of bullish drive to push above the current resistance.
Unless momentum indicators flip back into bullish territory with volume, the Pi Coin price update could remain subdued through May 19.
Key Levels To Watch: Pi Coin Short-Term Forecast
| Indicator/Zone | Level | Implication |
| Immediate Resistance | $0.78 | 20-EMA + Lower BB Band cap |
| Breakout Target | $0.85–$0.90 | Supply zone, profit booking likely |
| Support Zone | $0.72–$0.70 | Near-term base, needs to hold |
| Critical Demand Area | $0.66–$0.68 | 50% retracement, buyer reload zone |
| MACD / RSI (30-min) | Flat/Neutral | Warning of potential reversal |
| Ichimoku Cloud Status | Bearish Bias | Still trading below Kumo |
Why Pi Coin Price Going Down/Up Today?
Pi Network price dynamics (Source: TradingView)
The current recovery is fueled by dip-buying interest near the $0.68 level, but sentiment remains cautious as overhead resistance levels remain firm. Without a decisive move above $0.78 backed by rising volume, traders may expect further ranging or pullback moves, contributing to day-to-day Pi Coin price volatility.
Outlook For May 19
For May 19, Pi (PI) is expected to remain volatile between $0.70 and $0.78 unless broader crypto momentum or on-chain catalysts provide direction. A breakout above $0.78 could extend toward $0.85–$0.90, but failure to reclaim this area may open downside retests at $0.70 and $0.66.
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