Pi Coin (PI) Price Prediction Today: Will Pi Network Price Breakout of the $0.78 Resistance?

The Pi Coin price today is hovering around $0.742, consolidating after a short-term rebound from the $0.68 low.

After a parabolic surge that saw the Pi Coin price recover swiftly from $0.30 to over $1.60 in less than a week, the asset witnessed a sharp retracement.

As the broader crypto trend remains in recovery mode after last week’s steep decline from above $1.40, bulls are now testing the confluence of moving averages and short-term resistance levels. This suggests a make-or-break moment for Pi Coin price action in the coming sessions.

What’s Happening With Pi Coin’s Price?

After a parabolic surge that saw the Pi Coin price recover swiftly from $0.30 to over $1.60 in less than a week, the asset witnessed a sharp retracement. As the broader crypto trend remains in recovery mode after last week’s steep decline from above $1.40, bulls are now testing the confluence of moving averages and short-term resistance levels. This suggests a make-or-break moment for Pi Coin price action in the coming sessions.

Pi Network price dynamics (Source: TradingView)

After a parabolic surge that saw the Pi Coin price recover swiftly from $0.30 to over $1.60 in less than a week, the asset witnessed a sharp retracement. As the broader crypto trend remains in recovery mode after last week’s steep decline from above $1.40, bulls are now testing the confluence of moving averages and short-term resistance levels. This suggests a make-or-break moment for Pi Coin price action in the coming sessions.

Pi Network price dynamics (Source: TradingView)

The 30-minute chart reveals a slight bearish divergence forming on the RSI, which has declined from the overbought zone of 70+ to 56 despite price remaining flat. At the same time, the MACD histogram has begun to contract, indicating waning bullish momentum. If bulls fail to hold above $0.72, we could see a retest of $0.70 or even the $0.68 zone.

Pi Network price dynamics (Source: TradingView)

On the higher timeframe, the daily chart shows a larger descending triangle structure forming, with Pi facing repeated rejections below $0.80. Until the upper trendline of this triangle is breached, price may remain range-bound between $0.68 and $0.80, creating choppy Pi Coin price volatility in the short term.

Ichimoku And Chande Momentum Support Caution

Pi Network price dynamics (Source: TradingView)

From the Ichimoku Cloud perspective on the 30-minute chart, Pi remains below the Kumo, with Tenkan and Kijun lines now flattening around $0.74. This suggests sideways consolidation unless a breakout or breakdown occurs. Meanwhile, the Chande Momentum Oscillator is showing declining strength at -39.01, signaling a lack of bullish drive to push above the current resistance.

Pi Network price dynamics (Source: TradingView)

The 30-minute chart reveals a slight bearish divergence forming on the RSI, which has declined from the overbought zone of 70+ to 56 despite price remaining flat. At the same time, the MACD histogram has begun to contract, indicating waning bullish momentum. If bulls fail to hold above $0.72, we could see a retest of $0.70 or even the $0.68 zone.

Pi Network price dynamics (Source: TradingView)

On the higher timeframe, the daily chart shows a larger descending triangle structure forming, with Pi facing repeated rejections below $0.80. Until the upper trendline of this triangle is breached, price may remain range-bound between $0.68 and $0.80, creating choppy Pi Coin price volatility in the short term.

Ichimoku And Chande Momentum Support Caution

Pi Network price dynamics (Source: TradingView)

From the Ichimoku Cloud perspective on the 30-minute chart, Pi remains below the Kumo, with Tenkan and Kijun lines now flattening around $0.74. This suggests sideways consolidation unless a breakout or breakdown occurs. Meanwhile, the Chande Momentum Oscillator is showing declining strength at -39.01, signaling a lack of bullish drive to push above the current resistance.

Unless momentum indicators flip back into bullish territory with volume, the Pi Coin price update could remain subdued through May 19.

Key Levels To Watch: Pi Coin Short-Term Forecast

Why Pi Coin Price Going Down/Up Today?

Pi Network price dynamics (Source: TradingView)

The current recovery is fueled by dip-buying interest near the $0.68 level, but sentiment remains cautious as overhead resistance levels remain firm. Without a decisive move above $0.78 backed by rising volume, traders may expect further ranging or pullback moves, contributing to day-