
Why Is Pi Network Bleeding While the Rest of Crypto Soars?
With Pi2Day approaching and AI integration rumors circulating, PI is consolidating within a bullish ascending triangle, eyeing $0.84 and higher.
1H
-0.48%$0.0021
24H
0.57%$0.0025
7D
-12.1%$0.0610
30D
-19.6%$0.1083
With Pi2Day approaching and AI integration rumors circulating, PI is consolidating within a bullish ascending triangle, eyeing $0.84 and higher.
Pi Network’s price has defended the $0.60 support level despite strong selling pressure, with the MACD indicator signaling an approaching bullish crossover.
Pi Coin has failed to rebound amid positive sentiments in its ecosystem, but technical setup hints at a possible breakout ahead.
On-chain metrics like the Chaikin Money Flow (CMF) and Squeeze Momentum Indicator highlight rising selling pressure and bearish momentum for Pi Network.
With 5.7 million Pi tokens unlocking today, analysts expect increased supply to exert additional downward pressure on Pi Coin price.
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