Pi Network Token Hits New All-Time Low as Community Looks Forward to New Phase
- Token Price Plunge: Pi Network's native token has experienced a significant decline, hitting a new all-time low of $0.1527, representing a 94.8% drop since its launch, indicating severe market confidence issues.
- Poor Market Performance: Although the PI token managed to stay above $0.20 during the November market crash, it has continuously declined since mid-January, failing to rebound with the market, reflecting a lack of strong buying support.
- Community Confidence Remains: Despite the ongoing price decline, the Pi Network community remains hopeful, asserting that “PI is not just a coin, it’s a movement,” and looking forward to a “new era” that is anticipated to begin, showcasing their belief in the project's future.
- Ecosystem Updates: The Pi Network core team continues to introduce updates to the ecosystem, which, despite the poor market performance, may provide support for future rebounds, indicating the team's long-term commitment to the project.
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Technical Analysis for ERA
Technical Sentiment Analysis for Caldera (ERA) As of , Caldera (ERA) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ERA 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, ERA 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 $-.
Caldera (ERA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0466 | 0.0863 | 0.122 | 0.162 | 0.198 | 0.237 | 0.273 |
| Fibonacci | 0.0863 | 0.115 | 0.133 | 0.162 | 0.191 | 0.208 | 0.237 |
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