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PI Token Shows Signs of Reversal as Technical Indicators Turn Bullish

TheNewsCrypto LogoTheNewsCrypto21h ago

PI Token Shows Signs of Reversal as Technical Indicators Turn Bullish - TheNewsCrypto

Quick Summary:

The PI token has been caught in a persistent downtrend since reaching its all-time high of $3 on February 26, with prices consistently trading below a descending trendline since April 12.

Most telling among these indicators is the on-balance volume (OBV), which has shown a noticeable uptick over the past two trading days.

One such factor is the visible contraction in PI’s BBTrend indicator histogram, where the red bars have progressively shortened in recent trading sessions.


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PI Token Shows Signs of Reversal as Technical Indicators Turn Bullish - TheNewsCrypto (Picture 1)PI Token Shows Signs of Reversal as Technical Indicators Turn Bullish - TheNewsCrypto (Picture 2)

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 20:30:00 (21 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28430097

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About TheNewsCrypto

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 6 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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