PI below $0.20 is a strong sentiment
key atways
PI has dropped 1% in the last 24 hours and is now below $0.21.
The coin can be thrown lower as the feeling of lung drops gets stronger.
The PI core team will transfer 2 million tokens
Since its recent release, it has fallen 1% despite the broader Compto market. Negative performance from the PI core group of 2 million ppp.
Often, such transfers are a strategic move to reward employees. This usually follows a bullish move with price action in secretive operations.
The same transfer of wallets with 50 million pis for two months deposit for the Oxx cryptocurrency exchange. Currently, this wallet holds more than 48 million tokens after the transfer of more than 3 million pi tokens to tok tok tox.
This move is what the main group is referring to their stores, increasing the sense of protection around the PC.
PI can find the $0.19 support level again
The Pi/USD 4 hour chart is bullish and effective when the coin has been in the red for the past seven days. Technical indicators are also carried, sellers are currently controlling the market.
The rally is after the successful defense of the $0.20000 support level and the failure of the $2200 support level.
Failure to defend this critical level can serve as a low support for the PI to October 10 to October 10 USD>.
37 of the last 37 are below neutral 50, indicating that the bears are currently in control of the market. The McDo lines are also in the negative region indicating the local speed.
However, if the bulls bear the highs, the PPI will see the 50-day moving average at $0.2364. Once you cross the $2.500 psychological level, the trend will resume well.
