Market Cap: $3.3364T -0.760%
Volume(24h): $138.2233B 12.270%
  • Market Cap: $3.3364T -0.760%
  • Volume(24h): $138.2233B 12.270%
  • Fear & Greed Index:
  • Market Cap: $3.3364T -0.760%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$106042.151504 USD

1.36%

ethereum
ethereum

$2562.310840 USD

6.79%

tether
tether

$1.000169 USD

0.00%

xrp
xrp

$2.389546 USD

0.60%

bnb
bnb

$651.075768 USD

1.44%

solana
solana

$170.550584 USD

2.34%

usd-coin
usd-coin

$0.999918 USD

0.02%

dogecoin
dogecoin

$0.227343 USD

2.13%

cardano
cardano

$0.747684 USD

1.45%

tron
tron

$0.267655 USD

1.73%

sui
sui

$3.874174 USD

2.20%

chainlink
chainlink

$16.197792 USD

5.85%

avalanche
avalanche

$22.524256 USD

1.79%

hyperliquid
hyperliquid

$26.892061 USD

2.95%

stellar
stellar

$0.287932 USD

1.28%

Cryptocurrency News Articles

Pi Coin Price Prediction: Pi Network (PI) Is Drawing Renewed Attention

May 20, 2025 at 07:00 am

Pi Coin, currently consolidating under key resistance levels, is drawing renewed attention not just for its price movements, but also for its philosophical alignment

Pi Coin (PI) has been heating up, not just for its price movements but also for a philosophical alignment with an early blockchain prophecy from Tsinghua University, a factor giving new life to long-term Pi Network price predictions.

Technical Outlook: Pi Coin Price Coiling for a Move

Pi Coin has seen a modest rally of over 45% from its May 17 low of $0.6595, climbing to approximately $0.732 by May 19. However, the token encountered stiff resistance around the $0.75 mark, failing multiple times to break through the $0.752-$0.754 barrier.

Pi Network price must break the $0.78-$0.80 resistance zone to unlock the potential for further gains. Source: Wolffxtrader on TradingView

A symmetrical triangle formed on the 4-hour chart, reflecting tightening consolidation just below a descending trendline from the recent local high near $1.39. This setup, combined with compressed Bollinger Bands and falling volume, signaled an imminent breakout.

“The price is currently stuck between rising support at $0.71 and resistance at $0.75,” one analyst noted, suggesting a decisive move could occur within the next 24 to 48 hours. A bullish breakout above $0.754 could send Pi Coin surging to $0.80 or even $0.90, while a failure to hold above $0.707 might drag the price back to the $0.685-$0.673 support zone.

Chart showing 4-hour view of PI price with technical indicators and levels. Image Credit: Benzinga

Short-term indicators offered little clarity on the direction of the next move. The RSI (30-minute) was at 47.8, slightly below the neutral 50. Meanwhile, the MACD histogram remained flat, suggesting a market in wait-and-see mode.

Even so, the coin’s price has remained strong above the 0.5 and 0.618 Fibonacci retracement levels at $0.721 and $0.707, respectively. This signaled a healthy correction rather than a full-scale trend reversal, adding to the optimism around Pi’s near-term breakout potential.

Tsinghua’s Blockchain Vision Gives New Life To Pi Network

Beyond technicals, Pi Network’s narrative is increasingly being shaped by an old but relevant vision from Tsinghua University, one of China’s top tech institutions. Several years ago, Tsinghua researchers outlined a roadmap for mobile-friendly blockchain adoption, stressing energy efficiency, scalability, and accessibility for billions of users.

With over 5.56 billion global smartphone users as of early 2025, this vision is more relevant than ever. Pi Network, launched in 2019 by Stanford graduates, is built on the very principles Tsinghua advocated: mobile mining, low energy usage, and wide-reaching participation.

“Pi’s architecture aligns well with what Tsinghua envisioned — decentralized economies powered by the smartphone in your hand,” one blockchain researcher noted. This alignment with academic foresight is giving investors new confidence in Pi Network’s long-term viability.

Pi Network’s Journey From Concept To Mainnet

From its early days as a simple mobile mining app, Pi Network has grown into a global project with more than 60 million engaged users, according to internal estimates. The app enables users to “mine” Pi once daily by tapping a button — a simplified process rooted in social consensus rather than traditional proof-of-work mining.

Pi Network (PI) was trading at around $0.73, up 0.61% in the last 24 hours at press time. Source: Brave New Coin

Despite its strong user base, concerns remain around the pace of development and transparency. The network’s mainnet is still in a partially closed state, with limited ability to trade or use Pi in open markets, raising questions about when — or if — full economic utility will be realized.

Still, the crypto community is cautiously hopeful. “It’s either a slow burn or a stealth build-up to something bigger,” one Pi investor remarked. “The fundamentals are there, now it’s about execution.”

Pi Coin Price Prediction: Bullish Scenarios And Long-Term Potential

According to data from CoinCodex, Pi Coin is being forecasted to climb to $0.937 by May 23, marking a nearly 24% gain from its current level. Over the longer term, the projections are even more bullish, with some analysts predicting the token could reach $2.34 by June and as high as $4.44 by November 2029, assuming continued adoption and successful ecosystem development.

Pi Network price

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on May 20, 2025