Categories: Crypto

Pi Network (PI) Price Predictions for This Week


Pi Network rallied hard in the past week. How high will it go?

Key Support levels: $1.4, $1

Key Resistance levels: $1.7, $2

1. Price Explodes

In the past week or so, PI’s price has exploded and almost tripled. It went from $0.6 to almost $1.7. A pullback here is likely considering this huge rally in such a short amount of time. If buyers cannot break the resistance at $1.7, then PI may fall to the $1.4 support.

PIUSDT_2025-05-12_17-51-45
Chart by TradingView

2. Indicators are Overbought

The daily RSI is placing PI at 88 points out of a maximum of 100. This puts Pi Network’s native token in the overbought area. If a correction indeed follows, then the support levels at $1.4 and $1 will be the most likely candidates to stop any future downfall.

Chart by TradingView

3. Buy Volume Goes Exponential

One of the reasons PI managed such an impressive rally is that its buy volume went exponential within a few days. Bulls came in force, and such volume was not seen since the price bottomed in early April at $0.4.

Sustaining such a rally over time is hard, therefore it is important to be cautious whenever the volume stops making higher highs.

Chart by TradingView
SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!



Source link

Adam Forsyth

Share
Published by
Adam Forsyth

Recent Posts

BlackRock’s Bitcoin ETF ‘Machine’ Outearns Legendary S&P 500 Fund: Details

The BlackRock iShares Bitcoin Trust (IBIT) has achieved a remarkable milestone by generating more annual…

26 minutes ago

Imagen AI (IMAGE) Developer to Enable Ripple Labs Stablecoin RLUSD for Service Payments

Subtitle: RLUSD integration enhances transaction efficiency and multichain access across Imagen's AI-powered social ecosystem.…

46 minutes ago

AI job predictions become corporate America’s newest competitive sport

In late May, Anthropic CEO Dario Amodei appeared to kick open the door on a…

46 minutes ago

PH Crypto Oversight Improves, But FATF Flags Gaps on DeFi, Stablecoins, Offshore Exchanges

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas…

48 minutes ago

These 5 low-valued tokens might replicate Bitcoin’s 1000x journey by 2030

Disclosure: This article does not represent investment advice. The content and materials featured on this…

1 hour ago

Wordle today: The answer and hints for July 3, 2025

Oh hey there! If you're here, it must be time for Wordle. As always, we're…

2 hours ago