Pi Network Launches New Developer Library, Reducing Payment Integration Time to Under 10 Minutes
- Payment Integration Efficiency: Pi Network's newly released developer library reduces payment integration time to under 10 minutes, enabling developers to quickly incorporate Pi payment functionality into their apps, thereby enhancing user experience and accelerating product iteration.
- Ecosystem Expansion Strategy: The new library supports commonly used tech stacks like JavaScript and React, aiming to strengthen the utility of the Pi ecosystem and allowing developers to focus on product improvements, which will drive real-world adoption of applications.
- Token Price Stagnation: Despite impressive gains in the broader crypto market at the start of the new year, Pi Network's native token has failed to show significant movement, currently trading around $0.21, indicating a lack of market activity and investor interest.
- Stable Unlocking Quantity: The average number of tokens unlocked daily over the next 30 days is under 4.5 million, with occasional spikes, but the overall trend may intensify short-term selling pressure, affecting the token's market performance.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN) As of , TokenFi (TOKEN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000702 | 0.00176 | 0.00258 | 0.00364 | 0.00447 | 0.00552 | 0.00635 |
| Fibonacci | 0.00176 | 0.00247 | 0.00292 | 0.00364 | 0.00436 | 0.0048 | 0.00552 |
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