Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

PI faces corrective pressure as token struggles below $0.17

CryptoExpert by CryptoExpert
May 17, 2026
in Market Analysis
0
PI drops below the $0.1700 level.
  • Facebook
  • Twitter
  • Pinterest


Key takeaways

Pi Network extends losses on Friday as a 50-period EMA caps short-term recovery attempts.
The token could drop below the $0.1600 if the bearish trend persists. 

Pi Network (PI) extended losses on Friday, risking a bearish breakout from its short-term consolidation on the 4-hour chart. 

The token remains capped by the 50-period Exponential Moving Average (EMA) at $0.1733, limiting recovery despite the recent launch of vibe coding features within the Pi ecosystem.

Phemex

Vibe coding features aim to boost ecosystem development

The Pi Network has introduced vibe coding tools for developers, enabling the conversion of AI-assisted apps—from platforms like Codex, Claude Code, Replit, Cursor, and Lovable—into Pi Apps. 

This integration could reduce app development time and strengthen the ecosystem, which boasts over 60 million engaged users.

Technical outlook: correction pressure persists

The PI/USD 4-hour chart remains bearish and efficient as PI is down by more than 2% in the last 24 hours. 

PI is currently under a corrective bias, capped by the 50-period EMA at $0.1733 on the 4-hour chart and the 200-period EMA at $0.1771. 

The pair also sits below a nearby downtrend resistance line around $0.1741, reinforcing the upside barrier.

If the bulls regain control, initial resistance would be seen at the 50-period EMA at $0.1733 and the 200-period EMA at $0.1771 cap short-term upside. A nearby downtrend resistance line around $0.1741 adds to the barrier.

The momentum indicators also suggest that the bears are still in control.  The Relative Strength Index (RSI) sits at 45, below the midline, signaling persistent selling pressure. 

The MACD remains near-flat, suggesting weak, consolidative momentum rather than a decisive rebound.

PI/USD 4H Chart

However, if the bearish trend persists, immediate support would emerge at the S1 Pivot Point at $0.1645.

Pi Network’s short-term outlook remains cautious, and traders should monitor both EMA and trendline levels for signs of a breakout or deeper correction.

Share this articleCategoriesTags



Source link

You might also like

CLARITY Act survives near-collapse after last-minute Senate compromise

Ripple (XRP) tests $1.43 support amid mixed market sentiment

Is This Dip the Perfect Entry Before TON’s Next Rally?

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

CLARITY Act survives near-collapse after last-minute Senate compromise

by CryptoExpert
May 17, 2026
0
CLARITY Act survives near-collapse after last-minute Senate compromise

The most significant piece of crypto market structure legislation in years nearly died on the table before a handful of senators pulled it back from the brink. The...

Read more

Ripple (XRP) tests $1.43 support amid mixed market sentiment

by CryptoExpert
May 16, 2026
0
Traders observing as XRP declines towards $1.43

Key takeaways Ripple (XRP) tests support at $1.43 amid selling pressure from the $1.50 supply zone.  Institutional ETF inflows rebound to $1.37B, while futures open interest rises to...

Read more

Is This Dip the Perfect Entry Before TON’s Next Rally?

by CryptoExpert
May 16, 2026
0
currency-image

Toncoin price is cooling off after a sharp rally, but the pullback may be arriving at a critical zone. After a strong rally that reignited market interest, TON...

Read more

Qualcomm drops 13% as chip stocks retreat from AI rally

by CryptoExpert
May 15, 2026
0
Qualcomm drops 13% as chip stocks retreat from AI rally

Qualcomm shares cratered 13% on May 14, closing at $185.42, as the semiconductor sector’s AI-fueled rally ran headfirst into a wall of reality. The drop effectively wiped out...

Read more

Quant (QNT) extends gains toward $80, testing breakout resistance

by CryptoExpert
May 15, 2026
0
QNT is bullish despite bearish market conditions

Key takeaways Quant (QNT) extends its rally toward $80, supported by rising whale and retail demand.  A breakout above the $80 resistance could set the stage for a...

Read more
Next Post
Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance

Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 78,327.00
ethereum
Ethereum (ETH) $ 2,191.48
tether
Tether (USDT) $ 0.999556
bnb
BNB (BNB) $ 654.51
xrp
XRP (XRP) $ 1.42
usd-coin
USDC (USDC) $ 0.999781
solana
Solana (SOL) $ 86.83
tron
TRON (TRX) $ 0.355763
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?