Swezerland

PI NETWORK PRICE FORECAST : PI RISK STEEPER DECLINE AS MARKET SENTIMENT WANES

Pi Network (PI) trades in the red below $0.1300 on Tuesday, testing the bearish breakout of a rising support trendline amid rising selling pressure and faltering broader market sentiment.

Sellers maintain dominance amid weak market sentiment

Pi Network continues to face intense selling pressure in the spot market as demand wanes amid weakening broader market sentiment. CryptoQuant data show the taker Cumulative Volume Delta (CVD) has been negative and contracting over the last 90 days, suggesting sellers are dominating the market based on the difference between market buy and market sell volumes
At the same time, the broader market sentiment weakens. CoinMarketCap’s Fear and Greed Index at 21 on Tuesday reflects a clear risk-off signal and could flash “Extreme Fear” if it falls below 20. Typically, high-risk, community-driven, speculative crypto assets like PI token extend losses amid risk-averse market conditions. Technical outlook: Will Pi Network hit a fresh low?

Pi Network extends a bearish tone as price drops below the 50-period Exponential Moving Average (EMA) at $0.1335 on the 4-hour chart and the $0.1300 mark. The PI token has slipped back under the prior rising support trendline around $0.1300, where a decisive close would confirm the bearish breakout.

From a technical perspective, the breakout could threaten the 78.6% Fibonacci retracement level at $0.1251, measured over the downswing from $0.1532 to $0.1184. The 100% Fibonacci anchor at $0.1184, followed by the 127.2% Fibonacci extension level at $0.1103, could emerge as the next bearish objectives if the downtrend extends.

That said, the momentum indicators suggest renewed selling pressure, with the Relative Strength Index (RSI) tanking to 31 on the 4-hour chart while the Moving Average Convergence Divergence (MACD) slips below the signal line, triggering a sell signal as downside pressure remains dominant despite being close to oversold conditions.
On the topside, initial resistance appears in a tight cluster between the overhead trendline near $0.1300, followed by the 50-period EMA at $0.1335, close to the 50% Fibonacci retracement at $0.1346. Further up, the 200-period EMA at $0.1390 and the 78.6% retracement at $0.1441 cap the broader recovery.

PI NETWORK (PI) CLIMBS 6% IN TWO WEEKS : TIME TO RALLY OR DEAD CAT BOUNCE?

Even with the ongoing controversy surrounding Pi Network, its native token PI continues to attract attention and is regularly featured in price forecasts.

The asset has finally staged a rebound, and it will be interesting to see whether this proves to be only a temporary surge followed by a renewed pullback, or the beginning of a more meaningful rally.

What’s Next?

Earlier in June, the broader crypto market collapsed, and PI was not an exception. Its valuation hit a new all-time low of $0.12, while its market capitalization briefly fell below $1.3 billion. The past two weeks saw a slight recovery, with PI spiking by roughly 6% to its current level of $0.135 (per CoinGecko’s data).

Still, several market observers caution this might not be cause for celebration. X user Crypto With Gopal spotted the formation of a classic “head and shoulders pattern” on PI’s price chart: a bearish structure which suggests that a correction could be on the horizon. At the same time, the analyst claimed that buyers are fighting to defend the neckline “aggressively and bulls are trying to reclaim momentum.”
Another prediction came from the X account Pi Network News, which noted PI’s bounce from the $0.13 support level and claimed that $0.14 remains “a key sell wall.” They argued that bulls need Bitcoin (BTC) to hold above $60,000 so PI can benefit, too. Now let’s examine some important technical indicators that could provide clues about PI’s next move. First on the list is the token’s Relative Strength Index (RSI), which has dropped to around 7 on a monthly scale. This means it has entered deep into oversold territory, increasing the chance of a decisive rebound. The technical analysis tool ranges from 0 to 100, and anything above 70 is interpreted as a warning of an incoming pullback.

PI RSI, Source: TradingView
The upcoming token unlocks also strengthen the bullish outlook. Around 127.5 million coins will be released over the next 30 days, averaging approximately 4.2 million per day. This is far less aggressive than what we observed in the previous months and could pave the way for price stabilization.
Awaiting This Date
PI is a highly speculative cryptocurrency that relies heavily on groundbreaking announcements and major updates. That is why many Pioneers are perhaps eagerly expecting Pi2Day: a symbolic date for the community celebrated annually on June 28.

Speculation is mounting that the Core Team might disclose something big on that day, including a listing on Binance, which could trigger a major price jump. As of the moment, though, it is all just rumors, so it’s sensible to approach expectations with caution.

PI NETWORK PRICE FORECAST: ECOSYSTEM DIRECTORY STAKING BOOST RECOVERY HOPES.

Pi Network (PI) is nearing the key resistance zone at $0.137 at the time of wrting on Monday, with a breakout suggesting a bullish move. The network announced that its updated Ecosystem Directory Staking feature enhances app discovery and encourages users and developers to stake Pi, expanding the token’s utility and supporting ecosystem growth. On the technical side, improving momentum indicators signal a potential upside breakout if buyers clear key resistance.

Utility-focused update backs bullish case

Pi Network announced on Saturday that it has updated the design for its Ecosystem Directory Staking feature, introducing user interface improvements that make it easier for users to discover and navigate applications within the Pi Browser.
This feature provides a self-service avenue for developers and creators to use Pi to tap into the attention resource of Pi Network to acquire users”, said PI on its X post.

This update aims to encourage developers and users to stake Pi tokens to boost app visibility, increase the token’s utility and support broader ecosystem adoption.

Pi Network Price Forecast: PI could extend gains if it closes above the $0.137 mark

Pi Network trades at $0.135 on Monday after a mild recovery in the previous week. PI breaks and closes above the descending trendline resistance, supporting a near-term constructive bias. However, the recovery could be capped, as it remains well below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between roughly $0.145 and $0.1980.

The Relative Strength Index (RSI) at 47 sits just under the neutral line, hinting at only modest downside pressure, while the positive Moving Average Convergence Divergence (MACD) above zero suggests any rebounds are more likely corrective within a broader downtrend as long as these overhead EMAs remain intact.

On the topside, initial resistance is aligned at the 23.6% Fibonacci retracement at $0.137, with the 50-period EMA at $0.145. The 38.2% retracement near $0.149 forms a nearby cluster that could limit recovery attempts before the mid-range Fibo band and 100-period EMA around $0.159 – $0.159, and higher up, the 61.8% Fibonacci retracement at $0.168.

On the downside, immediate support emerges at the horizontal floor around $0.124, ahead of the Fibonacci anchor near $0.118, where a break would expose further weakness and extend the prevailing bearish structure.