Analyst: Pi remains above $0.091, OpenPay resumes cash recharge function
2026-09-01 17:43:12
According to CoinMeta, as reported by CoinJournal, the trading price of Pi remained above $0.091 on Tuesday, continuing the 10% increase recorded in August. The rebound of this token coincided with the restoration of the cash recharge function by OpenPay, which allowed users to convert Pi and other altcoins into OUSD stablecoins for payments. Despite the improved usability, Pi is still below the psychological resistance level of $0.1000; a breakthrough is needed to establish a stronger upward trend. OpenPay serves 96 partners, including local banks and international payment providers. On Tuesday, the trading price of Pi was around $0.0915, still below the $0.1000 resistance level, and the price was consolidating above the 23.6% Fibonacci retracement level of $0.0836. If it can break through $0.1000, that would enhance the bullish outlook. The Relative Strength Index is close to 52, indicating a slight buying signal, but no strong buying pressure is evident. The short-term direction of Pi will depend on whether buyers can regain the $0.1000–$0.1022 resistance zone or whether sellers will force it to fall below $0.0836.
Source:CoinJournal
This content is for market information only and does not constitute investment advice.
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