🚨📢🔥Price predictions for the Pi Network:#pi 🚨📢🔥
♦️ The price of PI remains stable amid increasing inflows from centralized exchanges.
✅ The Pi Network is recovering above the 50-day exponential moving average, indicating a potential major increase.
✅ CEX wallets recorded inflows of 6.28 million PI tokens, indicating significant deposits.
✅ Approximately 120 million PI tokens will be unlocked in November, which could increase selling pressure.
✅ The Pi Network (PI) is trading above $0.2600 at the time of writing this report on Wednesday, having risen above the 50-day exponential moving average at $0.2618 for a potential breakout. Technical forecasts are bullish, while the 120 million PI tokens to be unlocked in November and increasing inflows to centralized exchanges (CEXs) may provide headwinds.
