The Pi Coin price traded flat yesterday, hovering around the $0.60 mark. Our previous price prediction noted that holding above $0.60 and breaking through $0.65 could open a path toward the $0.66–$0.67 range. However, the price failed to gain momentum and stayed within a tight range.

Let’s see where the Pi Network price could be headed today.

Pi Coin is trading at $0.6051 on the daily chart. The price flattened with low volatility after attempting to break above a descending trendline. A small bounce attempt after the early April lows did not generate strong bullish candles, showing weak follow-through from buyers.

Since late February, Pi Coin price has been falling steadily, with each peak and bottom lower than the last. The main support area sits between $0.44 and $0.47, where buyers have stepped in before to stop the price from dropping further. For any real recovery to happen, the price needs to break through the resistance around $0.62-$0.63.

The short-term trend appears neutral to slightly bearish. Price compression between $0.45 and $0.65 suggests the market is waiting for a catalyst. Until then, sideways movement is likely, with sellers slightly having the upper hand.

The daily indicators suggest weak momentum for Pi Coin price. The MACD remains in negative territory, confirming ongoing bearish pressure.

Moreover, the Ultimate Oscillator reads 47.713, which points to weak selling pressure but not enough strength to confirm a bullish shift. Meanwhile, the Rate of Change (ROC) is negative, signaling continued downward momentum.

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If Pi Coin holds above $0.60 and breaks through the $0.65 resistance zone, it could attempt a move toward $0.66–$0.67. However, given the negative MACD and weak Ultimate Oscillator reading, any bullish move would require strong volume support.

On the downside, if Pi Coin price slips below $0.60, it could quickly drop toward the $0.50 zone. A deeper move could even retest the $0.45–$0.47 support area if broader market sentiment weakens. The bearish technical indicators suggest sellers are still in control unless Pi Coin can stage a decisive breakout.

For today, Pi Coin price looks mostly neutral to bearish. Watch those key price points: $0.60 (support) and $0.65 (resistance). Remember that what happens with Bitcoin will probably affect Pi Coin’s price in the coming days.

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The post Pi Coin Price Prediction for Today (April 29) appeared first on CaptainAltcoin.

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