Anticipated Cost Fluctuations of Pi Network Digital Token (PI) in the Upcoming Week
In the world of cryptocurrency, Pi Network's native token, PI, has been experiencing a rollercoaster ride. After a recent attempt to break the $0.52 resistance, the token has been rejected, leading to a cautiously optimistic yet mixed short-term outlook.
Currently, the price of PI stands at $0.46. The key support levels for the token remain at $0.44 and $0.40. Despite an increase in buying activity, resulting in a spike in volume, the price of PI has yet to break the key resistance level of $0.52.
If PI fails to break the $0.52–$0.53 resistance level with strong buying momentum, it is likely to remain range-bound or face some downside pressure. Some AI models foresee a short-term surge pushing PI up to $0.60 or slightly higher, but such a breakout requires significant bullish catalysts.
On the flip side, if the resistance at $0.52–$0.53 holds and momentum weakens, prices may remain stuck in a consolidation range of $0.43 to $0.48 or even dip toward support levels near $0.42–$0.45. One source predicts a minor correction triggered by falling below $0.45 support.
Looking further ahead, if positive momentum continues and the token reclaims the 50-day EMA at around $0.53 with volume confirmation, PI might rise by up to 10% reaching approximately $0.51–$0.55. However, a more bearish perspective anticipates a significant downside, with PI potentially dropping about 25% to about $0.33 by late August 2025, reflecting bearish sentiment and possible supply pressure.
The token’s price may be pressured by locked token unlocks and supply concentration, as the top 100 wallets control over 96% of the supply, which adds to volatility and risk of downward moves.
The daily RSI, a common indicator in trading, has been rejected three times since May as it climbed above 50 points. This rejection indicates a bearish bias. Moreover, the price of Pi Network's token has made a lower high, which could indicate that the downtrend is not over.
In summary, after rejection at the $0.52 resistance, PI is likely to sustain sideways to slightly bullish movement in the short term if support near $0.45 holds. Clear breakout above $0.53 would be needed to target $0.60. Otherwise, risk of a decline toward $0.33 or mid-$0.40s support exists depending on market conditions and supply unlocks.
- Investors in the stock-market and traders of Pi Network's native token, PI, should closely monitor the resistance level of $0.52-0.53, as a strong breakout will influence the short-term price prediction and possibly push the price to $0.60 or higher.
- When considering investing in cryptocurrencies like PI, it's essential to understand the potential risks, especially the volatility caused by the locked tokens and supply concentration, with the top 100 wallets controlling over 96% of the supply.
- The caution may persist for those attempting to predict the price of PI in the long term, as there exists a bearish sentiment and possible supply pressure that anticipates a significant downside, with PI potentially dropping about 25% to around $0.33 by late August 2025.
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