Pi coin price prediction: Triple technical indicator resonance releases bullish signal! ADX strengthens + RSI bottom divergence + EMA golden cross imminent

The price of Pi coin has recently benefited from the market rebound, with an increase of nearly 15% over the past 7 days, marking the best performance in over a month. The technical indicators show three positive signals: the ADX indicator, which measures trend strength, has significantly risen (from 13.3 to 19.6); the daily chart RSI has formed a bullish divergence (price is falling while the indicator is rising); the 4-hour chart shows an ascending triangle pattern and is about to form a bullish golden cross pattern with the 20/100 period EMA. If the price holds above the support at $0.39 and breaks through the resistance at $0.43, it may trigger an accelerated upward trend. However, caution is needed as a fall below $0.38 (50EMA) would damage the short-term bullish structure.

[The rise resumes: The strongest weekly rise of the month activates the market] Pi Coin has shown strong performance recently, with a cumulative rise of nearly 15% over the past 7 trading days, marking the fastest pace of increase in over a month. After entering August, the price has shown signs of continued strength, and currently, three key technical indicators have simultaneously issued bullish signals, indicating that potential breakout momentum is accumulating.

(Source: TradingView)

【Signal 1: ADX indicator strengthens, trend momentum accelerates】 The Average Directional Index (ADX) is used to quantify trend strength (rather than direction). Low values indicate weak or sideways market trends, while rising ADX shows that trend momentum is strengthening.

  • On July 31, the ADX value of Pi coin was only 13.3, in the weak trend range.
  • Currently, the ADX has significantly risen to 19.6, indicating that the bullish trend is gaining substantial momentum. During the price rise phase, the strengthening of ADX indicates that the buying power is increasing and the market trading volume is actively following up. This makes the testing of subsequent resistance levels for Pi coin more meaningful.

[Signal 2: Daily Chart RSI Bullish Divergence, Hidden Bullish Momentum]

(Source: TradingView) The Relative Strength Index (RSI) determines whether an asset is overbought or oversold by tracking the speed and magnitude of price movements. Bullish divergence occurs when the price forms a lower low while the RSI forms a higher low, indicating that despite the temporary price slump, buying pressure is secretly accumulating.

  • July 22: The price of Pi coin is approximately 0.52 USD, and the RSI is at 51.
  • August 10: The price fell to 0.46 USD, but the RSI climbed to 54. This divergence between price and indicators clearly shows: the selling power is weakening, and buyers are gradually taking control. This is the first bullish technical signal.

[Signal 3: Ascending Triangle on 4-hour Chart + EMA Golden Cross Approaching] On the 4-hour timeframe, the price of Pi coin shows the second bullish signal: ascending triangle structure - a typical bullish continuation pattern.

  • The price is firmly operating above the 20-period Exponential Moving Average (EMA, red line) and 100-period EMA (sky blue line), indicating that the short to mid-term trend remains strong.
  • More importantly, the third bullish signal is about to be confirmed: the 20-period EMA is about to cross above the 100-period EMA to form a "golden cross pattern". The two lines are currently very close, just waiting for the official crossover to be completed. Once the golden cross pattern forms, it is important to observe:
  1. Bullish Breakout: If the price effectively breaks through the $0.41 and $0.43 resistance levels, it may trigger a stronger upward trend.
  2. Key Support: $0.39 is the first strong support, followed by the dynamic support zone formed by the 20/100 period EMA.
  3. Bearish Signal: Only if the price falls below $0.38 (corresponding to the 50-period EMA) will the short-term bullish structure fail.

[Conclusion: Triple Signal Resonance, Waiting for Directional Choice] The ADX trend strength continues to rise, and the RSI bottom divergence confirms the buyers are building momentum, combined with the upcoming EMA golden cross pattern on the 4-hour chart. The resonance of these three technical signals significantly increases the probability of the Pi coin price breaking upwards. If it can successfully break through the 0.43 USD resistance, it may trigger the "one-sided strong market" that traders are looking forward to. However, the market still needs to be vigilant about downward risks; if the price unexpectedly falls below the 0.38 USD key support, the current bullish technical structure will fail. Investors should closely monitor the breakout direction and trading volume in the 0.38-0.43 USD range and manage risks accordingly.

PI-4.93%
ADX0.61%
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