A symmetrical triangle pattern suggests that a 20% Pi Coin price rally is looming. This bullish outlook comes amid a flurry of negative news, including token unlocks and concerns about its lack of decentralization. However, after the recent listing of Pi Coin on US-based crypto exchange Kraken, there has been renewed investor interest. As a result, Pi Network’s open interest has added nearly $3 million in under 12 hours. Pi Coin Price Chart Pattern Hints 20% Rally Pi Coin price trades at $0.74 with an intraday loss of 4% after a recent $2M PI token deposit fueled investor concerns. However, on the four-hour price chart, Pi Network appears to be gearing for a bullish reversal as it trades within a symmetrical triangle pattern. Usually, a symmetrical triangle pattern shows that traders are indecisive as both buy-side and sell-side volumes shrink. At press time, PI Coin’s 24-hour volumes stood at $122M… Read More at Coingape.com
The post Symmetrical Triangle Chart Pattern Hints 20% Pi Coin Price Rally appeared first on CoinGape.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed
