PI Network price reinforces 20% in front of pi days, float by potential census bynance

PI Network is 20% in front of Pi Days, holding support to $ 1.40.

PI Network (Write) It grew by 20% in the last day, currently traded $ 1.60, although it is still over 45% of its high $ 2.98 time achieved in February. However, it remains from $ 1.30-40 for $ 1.40, amplified by the approach of Pi Day.

Pi Day, which falls 14. Marta, indicates an important event for Pi Ecosustem. Specifically, users are obliged to transfer their PI to the testnet in Live, operational Mainnet. MAINNET migration should be completed by 8:00 UTC 14. MARTA, according to Deadline for extended grace period. This date also traces 6. Anniversary of the official launch of the project. However users are still Dealing with difficulty With the verification of KIC, you need to migrate their PI coins on Mainet for technical issues.

On the bright side, the PI price has been 3 days at the level of local support from 1.4. It is also pushed above the 21 day EMA, which shows an attempt to be a potential turnaround. On a 4-hour card, the price printed 5 consecutive, increasingly much bulb green candles, which followed the increasing volumes. Local resistance is about 1.75 to $ 7.75 levels. If the volume continues increases, the price can test the higher resistance level to $ 2.

The main catalyst seems to be Potential list of binanceAs Over 87% of February votes participants voted in the pika list at the bynance market. That is said, there is uncertainty whether the list will happen as if the binance was quiet.