Crypto

One Of The Best Crypto Signals Groups Predicted The Move

13 hours ago
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After experiencing early setbacks, Pi coin, as predicted by Jacob Crypto Bury, has finally staged a comeback.

The crypto initially saw a wave of sell-off upon its arrival on OKX last week, plummeting its price to just over $0.60.

However, amid the crash, Jacob—a popular crypto signals provider who has built a track record of success in spotting promising launches—made a bullish case for Pi token, highlighting its potential to recover from the downtrend.

His prediction eventually materialized, as Pi roared back to life, soaring from $0.73 to $2.92, representing a nearly 400% price increase.

In fact, while Bitcoin and most altcoins have taken a brutal hit and currently trade in the red, Pi has gone up 84% in the past 24 hours, drawing investor attention.

Pi’s Upward Trend Amid Scathing Crypto Crash Underscores The Importance Of Joining Top-Tier Signals Groups

Pi’s strong price action amid the prevailing crypto market bloodbath further highlights the importance of joining reliable signals groups like Jacob Crypto Bury.

Those who acted on his signal on the crypto prior to the upward trend must have seen at least 4x returns on their initial investments.

Jacob has been an active figure in the crypto trading landscape for years, leveraging his broad experience, skill, and expertise to help his followers discover potential market opportunities before they become public knowledge.

People who follow his well-researched market insights and signals keenly have continued to give testimonies of success in their trades.

Over the years, his timely signals have allowed many of them to benefit from opportunities they otherwise would have missed out on.

This is no surprise, as Jacob’s approach is analytical and data-driven, setting him apart from other influencers who focus on trends alone.

His Discord community dubbed “Jacob’s Crypto Clan” is where traders are able to track market developments in real-time, access varied signals, engage in in-depth discussions, and connect with like-minded individuals.

With over 40k members at press time, Jacob’s Crypto Clan is one of the most interactive crypto trading communities on Discord.

Jacob is also active on X and YouTube, where he constantly dissects market trends and analyzes market-moving events so that subscribers can make informed trading decisions. Those on the lookout for a more personalized level of trade guidance can join his Patreon community, which offers direct calls, private trade setups, and more at affordable prices.

Given the high success rate of his trading ideas and the genuineness of the opportunities provided across all his channels, Jacob Crypto Bury stands out as one of the best crypto signals providers for all levels of investors. Little wonder that traders are always glued to his groups.

Pi Coin Price Analysis

The Pi coin price currently trades at $2.56, a 60% gain today, despite the current market turmoil. It initially rose to a peak of $3 early today before a slight pullback to $2.49, allowing the bulls to sweep through liquidity.

Further, the 50-day MA ($1.76) sits above the 200-day MA ($1.31), signalling short-term bullish momentum. As long as the price stays above the 50-day MA, the market remains in a strong position to push even higher.

Currently, the key resistance levels can be identified at the $3.00 mark, the token’s recent ATH. If Pi coin manages to breach this technical level, it could pave the way for more upward movement.

Conversely, failure to maintain its current position may result in the price retesting critical support levels at $2.21, $2.10, and the psychological zone at $1.76.

Pi Coin Price Prediction

Short-Term

The Pi coin has shown signs of renewed strength, and if bullish momentum continues to build, the token could attempt to retest the $3.00 mark. A steady rise in trading volume indicate growing investor confidence, potentially paving the way for a breakout to $4 in the short term.

Overcoming the key resistance level could trigger a more substantial rally. However, sustaining this momentum will depend on broader market sentiment and continued demand for Pi.

A closer look at the Relative Strength Index (RSI) shows a slight pullback from the overbought region. It is currently reading 67.08. This short-term retracement was essential for the bulls to sweep through liquidity before it stages a bigger rally in the coming days.

Market participants should closely monitor price action at the $3.00 resistance zone. A decisive breakout could trigger a rally to the $4.00 mark, recording a new ATH. On the flip side, a decline in momentum might signify a consolidation or potential retracement to the $1.76 mark, aligning with the 50-day MA.

Long-Term

Having successfully launched its mainnet after several years of delays and procrastination, the next task will be enhancing its network to strengthen security and streamline the KYC verification process.

Recent reports show that many users have been experiencing delays in completing their KYC—a challenge that has prevented most of them from maximizing their tokens.

Pi’s ability to overcome this hurdle will be key in retaining the trust and confidence of users in the long run. In the event that the KYC issue is solved and more innovations are integrated into the network, it could become a top player in the highly competitive crypto landscape in the coming years.

That will definitely have a significant impact on the price of its token.

Best Wallet — A Top-Tier Crypto Wallet Offering Multilayered Functionalities

Those who are very optimistic about Pi’s long-term potential are encouraged to store their assets inside a versatile wallet with advanced security features. And considering the recent hack on Bybit—which further exposes the lapses of centralized platforms—a decentralized wallet comes highly recommended.

Among the various options available, Best Wallet has proven to be a solid choice. A multichain, self-custody wallet, it offers a host of services that go beyond typical wallet functionalities. It is, therefore, no surprise that many crypto experts are calling it the perfect hub for all things crypto.

At its core, Best Wallet provides a seamless way for users to manage their diverse portfolios in one spot. With support for 60 chains, it is possible to buy, sell, and trade thousands of cryptos without leaving the app.

High-yield staking facilities are also provided for those seeking passive earnings, and there is even an iGaming facility that caters to crypto gamers.

Another reason Best Wallet has been turning heads is its built-in “Upcoming Tokens” feature, providing access to high-potential tokens that are still under the radar. This provides an invaluable crypto investment experience, allowing users to spot the next breakout crypto before it takes off.

With more than 500,000 active users and a staggering 50% MoM growth, major crypto experts like Crypto Gains have already dubbed Best Wallet as one of the fastest-growing wallets in the space.

Visit Best Wallet

Source: https://finbold.com/pi-coin-price-explodes-one-of-the-best-crypto-signals-groups-predicted-the-move/