The native token of the PI network undergoes a turbulent phase. By currently negotiating at $ 0.4710, the medal recorded a 2.7% drop in the next day and a drop of 14.7% in the last 7 days. Its market capitalization amounts to 3.59 billion dollars, with a volume of negotiations 24 hours out of 242.73 million dollars, up 2.87%, which suggests an increased market activity in the middle of sales.
Net price correction is widely allocated to recent token unlocking events, with 270 million released tokens, causing a supply shock. In addition, more than 6 million PIs worth 2.8 million dollars were moved to exchanges within 24 hours, which increases the risks of sale. The RSI and MacD indicators suggest that the lowering momentum can persist in the short term.
Interestingly, in the midst of this volatility, the PI extraction rate experienced a modest increase of 0.93%, going from 0.0029887 to 0.0030165 pi per hour, indicating a network that still increases in user engagement. But does that signal a path at $ 1 in 2025? Let us understand the dynamics in this analysis of Pi prices.
Analysis of PI network prices
On the daily graphic, the PI network continues to negotiate under the Bollinger group in the middle and the 20 -day SMA. The band greater than $ 0.6099 and the band less than $ 0.4514 form tight pressure, generally signaling an entrant hint of volatility. However, the price remains pinned near the band less than $ 0.4708, suggesting a downward domination.
The RSI is 34.94, below the neutral level 50, indicating that the asset approaches the territory of occurrence but lack of bullish divergence. Despite the growing volume of 24 hours, the price failed to bounce significantly, which is a classic sign of distribution rather than accumulation.
In summary, unless a major fundamental catalyst such as the launch of the Open Mainnet or an adoption point focused on public services emerges, PI prospects remain neutral to compromise. A sustained recovery of $ 0.53 which is in Mid-Bollinger would be the first optimistic trigger, followed by an escape around $ 0.61, then $ 0.70 even before entertaining the possibility of an $ 1 escape.
Read also: Pi Network Price Prediction 2025, 2026-2030!
Faq
Due to a large unlocking of token and $ 2.8 million in tokens moved to exchanges, arousing high sales pressure.
Yes, mining activity increased by 0.93%, reflecting the continuous commitment of users and the expansion of the network.
It is possible, but only if the major adoption, the launch of the opening of the Mainnet or the powerful public service engines change their bullish momentum.
