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Cryptocurrency News Articles
Pi Network (PI) Price Prediction: Will the PI Token Price Drop Below $0.75?
May 27, 2025 at 12:47 am
The Pi Network price is under severe pressure as investor sentiment weakens. It fell sharply from its monthly high, losing over half its value in just two weeks.
The Pi Network price is facing strong headwinds as investor sentiment deteriorates. It fell sharply from its monthly high, losing over half its value in just two weeks. The coin trades at $0.7752, reflecting a 53% decline from its recent peak on May 12.
The sharp fall has pushed the Pi Network price below its 50-period Exponential Moving Average (EMA), currently at $0.7910. A bearish flag pattern has also formed on the eight-hour chart, signaling a possible extended downtrend. The price has also breached the lower boundary of this flag, increasing the likelihood of further declines.
Technical indicators suggest a move toward the $0.6584 support zone, the lowest point reached on May 17. If this level breaks, the next likely target could be $0.5545, around 30% below the current market price. Resistance lies at $0.8600, and a break above this could temporarily negate the bearish setup.
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