$AUCTION Slightly Bullish – Trade Setup
AUCTION is showing mild bullish momentum but needs a stronger breakout for confirmation.
Trade Signal
Entry 1: Buy near $17.70 (Near Bollinger Band support)
Entry 2: Buy if price breaks $18.00 with volume (Confirmation of strength)
Take Profit Levels:
TP1: $18.50
TP2: $19.00
TP3: $20.00
TP4: $21.00
Stop Loss: Below $17.20
Why This Trade?
Price is hovering near the middle Bollinger Band, suggesting potential upside.
Small green candle indicates slight bullish momentum.
Low volatility means a breakout could lead to a strong move.
RSI is neutral, leaving room for upward movement.
Support & Resistance Levels
Support 1: $17.70 (Bollinger Band midline)
Support 2: $17.20 (Strong demand zone)
Resistance 1: $18.50 (Upper BB & recent high)
Resistance 2: $20.00 (Key psychological level)
Market Update for AUCTION
AUCTION is trading flat at 17.89,up slightly by 17.89, could trigger more upside, while a drop below $17.50 may lead to a retest of support.
Pi Network Drops 30% in a Month: Will Pi Coin Recover Soon?
Published on March 29, 2025, at 8:06 PM WIB, this report dives into the recent bearish pressure that has seen Pi Network’s price tumble by 30% over the past month. As the cryptocurrency market grapples with heightened volatility, questions swirl around whether Pi Coin (PI) can stage a comeback. With Bitcoin holding strong above $87,000 and the total crypto market cap nearing $3 trillion, Pi Network’s struggles stand out here’s an in-depth look at its prospects and the forces at play.
A Steep Decline in Value
Over the last 30 days, Pi Network has shed 30% of its value, sliding from around $2.00 at the start of March to approximately $1.40-$1.50 as of today. This downturn follows a rocky period after its mainnet launch on February 20, 2025, when PI initially soared by 705% before peaking at $2.98 on February 27. Since then, a sharp correction has erased much of those gains, with the token now trading well below its all-time high. The decline has been exacerbated by a broader bearish sentiment in altcoins, though PI’s drop exceeds many peers.
Why the 30% Fall?
Several factors have contributed to Pi Network’s recent slump:
Massive Token Unlocks: The release of over 1.6 billion PI tokens in 2025, including 129 million this month alone, has flooded the market. This oversupply has outpaced demand, driving prices down as pioneers sell off their newly unlocked holdings.
No Major Exchange Listings: Despite community efforts like an 86% approval vote for a Binance listing in February PI remains absent from top-tier exchanges. This limits liquidity and exposure, leaving it vulnerable to downward pressure.
Eroding Confidence: Reports of 82% of PI’s 100 billion total supply being controlled by the core team, coupled with a lack of transparency, have shaken investor trust. Google Trends data shows an 88% drop in “Pi Network” searches since the mainnet debut, signaling waning interest.
Trading volume has also dipped, with daily figures falling to around $950 million from highs above $1.75 billion earlier this month, reflecting reduced market activity.
Can Pi Coin Bounce Back?
Despite the gloom, there are glimmers of hope for a recovery:
Domain Auction Impact: The ongoing .pi domain auction, launched on Pi Day (March 14), is burning tokens as users bid with PI. If participation grows, this could reduce supply and lift prices, with some analysts eyeing a return to $2.00.
Technical Recovery Signs: A bullish wedge pattern and a MACD crossover suggest potential upside, with resistance at $1.60 as the next hurdle. Breaking this could push PI toward $1.80-$2.00, a 20-40% gain from current levels.
Community Efforts: The PiDaoSwap decentralized exchange, developed by the community, aims to stabilize pricing and reduce reliance on external platforms. Success here could bolster PI’s ecosystem and value.
Latest Predictions
Analysts offer a split outlook:
Bearish Scenario: If token unlocks continue to overwhelm demand and no major exchange listing materializes, PI could slip further to $0.86-$1.00, a 30-40% drop from today’s price.
Bullish Scenario: Strong auction turnout, coupled with market tailwinds, might propel PI back to $2.00-$2.50 by mid-April, a 40-70% rebound.
Posts on X reflect this uncertainty, with some warning of a “crash below $1” due to supply issues, while others see “$2 in sight” if technicals and adoption align. The RSI at 52 indicates neutral momentum, leaving room for either outcome.
The Road Ahead
Pi Network’s fate rests on its ability to address supply concerns and restore faith. The .pi domain auction and PiDaoSwap offer short-term catalysts, but long-term recovery may depend on clearer communication from the core team and a breakthrough listing. As of 10:11 PM WIB today less than two hours after publication the crypto community remains on edge. Will PI sink further under bearish weight, or rise with renewed vigor? The next few weeks could be decisive.
Bounce Token 社群媒體數據
過去 24 小時,Bounce Token 社群媒體情緒分數是 3,社群媒體上對 Bounce Token 價格走勢偏向 看漲。Bounce Token 社群媒體得分是 0,在所有加密貨幣中排名第 1105。
根據 LunarCrush 統計,過去 24 小時,社群媒體共提及加密貨幣 1,058,120 次,其中 Bounce Token 被提及次數佔比 0%,在所有加密貨幣中排名第 575。
過去 24 小時,共有 77 個獨立用戶談論了 Bounce Token,總共提及 Bounce Token 32 次,然而,與前一天相比,獨立用戶數 減少 了 16%,總提及次數增加。
Twitter 上,過去 24 小時共有 0 篇推文提及 Bounce Token,其中 0% 看漲 Bounce Token,0% 篇推文看跌 Bounce Token,而 100% 則對 Bounce Token 保持中立。
在 Reddit 上,最近 24 小時共有 9 篇貼文提到了 Bounce Token,相比之前 24 小時總提及次數 減少 了 31%。
社群媒體資訊概況
3