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The price of Pi coin has increased by 6% in the last 24 hours, to $0.1881, and… Markets are rising Calm comments in Greenland by President Trump.
Despite this rise, PI is still below 9% per week and 7% per month, while the altcoin has lost 93% since it hit the record high of $2.99 in February last year.
However, today’s rise shows that PI may have recovered from the important level in the area of $0.180, after the recent days.
Considering the ongoing public efforts to make the coin and its platform more useful, Pi coin’s long-term price outlook looks very promising at the moment.
Pi Coin Price Prediction: Coins return from the support group – A long-term setup can surprise everyone
As we can see on today’s Pai coin price chart, the coin has started to recover after spending a long time in oversold territory.
In fact, except for brief spikes in late October and late November, the Relative Strength Index (RSI) of PI (yellow) has been below 50 for eight months.
This is very rare for a cryptocurrency in the top 100, it is so rare that it points to one of two points, the first is that the price of Pi Coin is about to see a big explosion.
On the other hand, skeptics may argue that this behavior indicates that the currency is facing a recession, which may be true considering how PI has failed to attract listings on several major exchanges (such as Binance, Coinbase, Kraken).
But there is one thing worth highlighting, and that is that the PI has come out of the sharp trend that we see in the chart above.
When this is combined with Pi’s price hitting record lows a few days ago, it is very likely that we will see the coin reach new levels soon.
It still has a large and powerful community, which will help increase its use and relevance on the site Long time .
SUBBD has raised $1.4 million in preparation for the launch of the AI-powered platform
If PI doesn’t look promising enough, traders may want to diversify into new alternatives, including funds that are already being traded.
These funds can rise dramatically when they are first listed, especially if they have popular sales.
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It is among the new brands that are gaining popularity at the moment ERC-20 cryptocurrency SUBBD ($SUBBD) which has raised more than $1.4 million in ongoing sales.
SUBBD is set to launch an AI-powered content creation platform that gives creators control over how they create and monetize mass media.
Its AI tools can generate everything from ideas to animations and interactive actors, making creators more productive than ever.
The use of cryptocurrencies means that payments are visible and fast, unlike the platforms that existed before.
Bidders can join the SUBBD auction by visiting Official website of the project while this amount costs $0.05748.
Visit official SUBBD website here
A note Pi Coin Price Prediction: Support Level Tested – Long Term Setup May Surprise Everyone appeared for the first time Cryptonews Arabic.
