The post Pi Coin trading volume jumps 30% as price clings to $0.20 support appeared on BitcoinEthereumNews.com. Pi Coin’s trading volume has started to recover The post Pi Coin trading volume jumps 30% as price clings to $0.20 support appeared on BitcoinEthereumNews.com. Pi Coin’s trading volume has started to recover

Pi Coin trading volume jumps 30% as price clings to $0.20 support

Pi Coin’s trading volume has started to recover from thin levels as PI trades near the $0.20–$0.21 zone, testing key support around $0.1952 on the daily chart.

Summary

  • Pi Coin is trading around $0.21, sitting just above major support at $0.1952, the October and December low that anchors its current double‑bottom structure.​
  • 24‑hour trading volume has risen from depressed levels, with recent data showing a roughly 30% uptick to about $16 million as traders fade prior weakness.​
  • Technicals show a bullish divergence with rising PPO and RSI, but a clean break below $0.1952 would invalidate the rebound setup and open room toward lower supports.

Pi Coin’s trading volumes increased significantly as the token reached a key support level, according to market data, with the cryptocurrency showing signs of recovery after declining in 2025.

The token recorded gains over the past week as the broader cryptocurrency market showed signs of potential recovery in 2026, according to price data.

Pi Coin (PI) experienced significant declines in 2025 following the launch of its public mainnet in February. Market observers noted the token may be approaching a price bottom, though the exact timing remains uncertain.

Data from CoinCodex indicated Pi Coin’s trading volumes have increased substantially since the start of the year.

Pi Coin trading at increased levels

Technical analysis of the daily chart shows investors have accumulated PI at a key support level on multiple occasions, suggesting the level represents a significant price floor for the token, according to market analysts.

The Relative Strength Index briefly moved above the mid-line, indicating positive momentum, according to technical indicators.

If the token rebounds from the current level, analysts identified a nearby horizontal resistance level that coincides with the 200-day exponential moving average as a potential target. The price action follows a breakout from a descending price channel, according to chart patterns.

Market analysts noted that early-stage cryptocurrency projects historically have provided higher returns for investors who enter positions during initial development phases.

Pi Coin’s price movements come as the cryptocurrency market attempts to recover from losses sustained in previous periods. Trading data showed increased investor interest at current price levels.

Source: https://crypto.news/pi-coin-trading-volume-jumps-30-as-price-clings-to-0-20-support/

Market Opportunity
Pi Network Logo
Pi Network Price(PI)
$0.2084
$0.2084$0.2084
-0.22%
USD
Pi Network (PI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07
Solana Price Prediction: Mobile SKR Token Launch as DeepSnitch AI Passes $1.13 Million in 2026

Solana Price Prediction: Mobile SKR Token Launch as DeepSnitch AI Passes $1.13 Million in 2026

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Share
Blockchainreporter2026/01/11 00:40
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52