coinpedia 2025-04-29 08:18:57

Pi Network Pushes Global Utility Despite Bearish Price Trend: Is $0.55 Next?

The post Pi Network Pushes Global Utility Despite Bearish Price Trend: Is $0.55 Next? appeared first on Coinpedia Fintech News Pi Coin is under pressure, currently trading just below $0.60 after dropping over 4% in the past 24 hours. The price is sliding toward lower support near $0.55, even as the overall crypto market trends upward. One of the warning signs is the RSI (Relative Strength Index), which has fallen to 30 — a level that suggests oversold conditions. This means Pi may struggle to bounce back unless buying pressure increases. As long as Pi stays below its key trend line, analysts say the downtrend could continue in the short term. What’s Driving Interest in Pi? Despite the recent dip, Pi Network is making moves behind the scenes. Reports suggest the team is in talks with smaller e-commerce platforms in Southeast Asia and Africa. Their aim? To position Pi as a cross-border micro-payment option in regions where traditional banking is still limited. Pi is reportedly in talks with small e-commerce platforms in emerging markets (such as Southeast Asia and Africa). The goal is to position Pi as a cross-border micro-payment tool, ideal for regions with underdeveloped banking systems. #PiNetwork #Ecommerce — Dr.Vincent McPhillip (@PIFilipo) April 29, 2025 At the same time, there’s growing speculation that HTX (formerly Huobi) — one of the top global exchanges with over $1.7 billion in daily trading volume — might be planning to list PI$PI soon. HTX recently posted a mysterious graphic featuring the Pi Network logo, sparking excitement across the community. If the listing is confirmed, a major price rally could follow — especially given Pi’s large community and use-case potential in emerging markets. Conclusion: Pi Coin is facing short-term pressure, but strong fundamentals and exchange rumors could change the story quickly. Keep an eye on $0.55 support and any updates from HTX.

Enim loetud uudised

Nasdaq Submits Application to SEC To List Spo...
2025-04-29
SoFi Crypto: Anticipating a Powerful Return t...
2025-04-29
Prosecutors Seek 20-Year Sentence for Ex-Cels...
2025-04-29
Trump’s Economic Focus: Promising Tax Cuts fo...
2025-04-29
US Commerce Secretary Lutnick Backs Bitcoin a...
2025-04-29
UK Finance Minister Aims for United Kingdom t...
2025-04-29
SEC Delays Dogecoin ETF to June 15, XRP ETF t...
2025-04-29
South Korea’s Political Party Unveils Crypto...
2025-04-29

https://www.digistore24.com/redir/325658/ceobig/

Seotud uudised

Nexo’s Return to the US Market: Exploring New Oppo...
29 Apr 2025
Bitcoin Mining Achieves Historic Sustainable Energ...
29 Apr 2025
‘Massive year for crypto in the U.K.’: London unve...
29 Apr 2025
Elliott Wave Analysis Predicts Cardano (ADA) Massi...
29 Apr 2025
Tether Mints 1 Billion USDT for Supply Replenishme...
29 Apr 2025
Crypto Lending Platform Nexo Returns to US Market...
29 Apr 2025

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine