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I noticed that PI is moving quite a bit right now with the protocol update announcements. The team has finalized v19.9 and is preparing v20.2 for this week, not to mention the interesting things they are testing with the nodes for AI. Clearly, it’s attracting people to the market.
The PI price has risen about 30% over the past 7 days and recently hit $0.23. Currently, it’s around $0.17 according to my data, which remains in a rather positive trend compared to before. It has become one of the most sought-after cryptocurrencies, so it’s no surprise that it’s in the spotlight.
What worries me a bit: I see significant token movements toward exchange platforms. About 4.8 million PI have moved to exchanges in just 24 hours. Historically, this is often a signal before a correction. The RSI has also exceeded the overbought zone at 70, so the PI price could be heading for a technical pullback. Keep a close eye on it if you have PI in your wallet.