Pi Network: Price Continues to Plummet, Is There a Chance for Recovery in June?

Pi Network had an impressive start in February 2025 when the price reached nearly $3, however, this upward momentum quickly came to an end. As of now, Pi has fallen over 75% and is trading around $0.6894, down 6% in the last 24 hours and down 15% for the week. Price Movement: Pi Coin Stuck in a Narrow Price Range with Falling Pressure Currently, Pi is stuck in a narrow trading range from $0.688 to $0.816, hovering just above important support levels. Despite the price falling, trading volume surged by 42% in the past 24 hours, reaching $158 million, indicating that trading activity remains very active. However, on-chain data reveals a concerning fact: the amount of Pi flowing into exchanges is increasing, indicating that selling pressure is forming. Notably, 263 million Pi will be unlocked in June, followed by 233 million in July and 132 million in August — this is a massive supply that could create additional downward pressure if there is no new capital to absorb it. Technical Analysis: Ongoing Fall Trend All moving averages (EMA and SMA 10, 20, 50, 100 days ) are above the current price, confirming a downtrend. The Bollinger Bands are narrowing, indicating a potential strong volatility ahead. The MACD indicator is in the negative zone, and the RSI is at a neutral level of 43.6, with no clear reversal signal yet. If Pi cannot break the strong resistance zone of $0.75–$0.78, the next support levels are $0.60 and $0.50. In a positive scenario, if buying volume increases significantly, Pi may challenge the $0.85–$0.89 zone again, but the more likely scenario is that the price will fluctuate around the $0.70–$0.76 range until the end of May. Will Pi Have a Chance to Return to the $1 Mark? As the first half of the year is about to end, the market remains highly volatile. If the fear sentiment (FUD) continues to spread, the price of Pi may continue to fall to the range of $0.58–$0.65 in the short term. According to the CoinDCX exchange, if buying pressure returns and trading volume increases, Pi still has a chance to recover to the range of $1.00–$1.20, and even in an optimistic scenario, it could reach $1.82 by the end of June. However, according to expert Dr. Altcoin, the price of Pi may continue to fall until August, before showing signs of recovery. He also warned that the price could drop deep to $0.40, unless the Core Team is more transparent about the roadmap and the project's development situation.

Long-Term Outlook: Focus on Building Real Value In the long term, Pi Network is still trying to build real value through a $100 million investment fund aimed at promoting practical applications in the fields of finance, video games, e-commerce, and AI. However, the current technical outlook remains weak until real buying demand returns. Summary: In the short term, Pi is in a downward trend with increasing selling pressure from upcoming unlock events. To reverse the trend, Pi needs to clearly break out of the resistance zone of $0.75–$0.78, along with more active trading volume and more transparent information from the development team.