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Cryptocurrency News Video
Pi Network New Update Today : Pi Coin Latest News On Price!! #pinetwork #crypto #cryptocurrency #pi
Jun 23, 2025 at 01:27 am Cryo Hub Official
Pi Network Extends Weekly Losses to 15% – What’s Next for PI 🔍 Price Summary (as of today, Jun 23, 2025) Current Price: ~$0.505–$0.516 per PI 24‑Hour Change: ▼ ~1–3% down 7‑Day Decline: Approximately –14% Support Levels: Key support appears around $0.40–$0.47; recent technicals show bearish momentum 📰 Headlines & Analysis 1. Extended Weekly Losses PI fell 10–15% over the last week, trading below its 20-day EMA ($0.56). MACD and Balance-of-Power indicators suggest persistent bearish sentiment 2. Geopolitics Weighing on Crypto U.S. airstrikes on Iran triggered broader crypto sell‑off, pushing PI almost 11% lower and near $0.47 3. Ecosystem Growth Ongoing Despite price pressure, PI Network’s adoption is growing: over 13 M users and 400 k nodes post‑mainnet launch New initiatives include Pi Ventures ($100 M fund), FruityPi gaming app, .pi domains, and the PiFest 2025 event with 1.2 M participants 4. Upcoming “Pi2Day” Reveal The Pi Core Team teased a major announcement on June 28 about Pi’s integration with generative AI—mark your calendar! 5. Exchange Inflows Could Pressure Price Around 6.5 M PI sent to exchange wallets in the past day—large holder movements like this often precede sell-off. Still, price hasn’t reacted sharply yet (~‑0.9%), but further inflows may trigger volatility . 📈 Looking Ahead Technical sentiment remains bearish in the short term, with downward momentum indicators in place. Support zone to monitor: $0.40–$0.47. Key dates: June 28 “Pi2Day” – any major update could shift sentiment. Also, watch for more PI inflow on exchanges. Medium-term outlook: Ecosystem development is ongoing, but any near-term rebound depends on news-driven catalysts or buying pressure. ✅ Actionable Insights Scenario Strategy Holding PI Monitor price behavior around support range; consider partial take‑profits if holdings rebound from news. Looking to buy Wait for confirmation—maybe a retest of $0.47–$0.50 or positive Pi2Day revelations. Upcoming event Watch for volatility around June 28 announcement—could offer trading opportunities. Disclaimer This price analysis article is for informational purposes only and should not be considered financial or investment advice. Crypto Hub Official is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.
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