According to the latest source, Pi Network price is starting to show signs of recovery, but it still faces problems as the price stays around $0.84. After a volatile month, the Pi network is getting attention again.
The price has gone up by 30% from its recent low, and trading volume has jumped over 150%. This has brought back hope for a Pi recovery. It is still not clear whether the price can reach $1 again, mainly because there are internal delays and doubts from outside.
As the Pi Network news is spreading, the problems with the system and lack of trust are making it difficult for it to reach $1 again.
Technical Analysis Suggests Caution Despite Uptrend
Currently, Pi Network price is around $0.83 to $0.84, recovering after recently falling to about $0.74 to $0.77. There are early signs of Pi recovery, as some of the indicators show improvement.
Pi Network Bounce Triggers Bullish Buzz, But There’s a Catch 3
Short-term average prices are moving upward, and the RSI is in the neutral to slightly positive zone, which suggests that there might be a possibility of a shift in the market. Still, the momentum is unclear.
The Relative Strength Index (RSI) is at 54, which is neither bullish nor bearish. Meanwhile, the MACD is close to a sell signal. Blockchain analyst Kevin Zhou said it is important for Pi Network price to break above the level of $0.90.
Otherwise, this might just be a short-term recovery. There has been strong support at $0.74. Pi Network’s price must break above $0.90 with steady buying pressure to reach the $1 mark.
Metrics Value Sources Current Price $0.8337 Coinmarketcap Support Level $0.74 Crypto.news Resistance Levels $0.86 – $1.00 CoinDCX May 2025 Low $0.5771 Coinmarketcap May 2025 high $1.5682 Coinmarketcap 1-Month Performance +30% Brave New Coin
Core Issues Stall Broader Progress
Real-world problems are still holding back Pi’s recovery. One of the biggest problems is the ongoing delay in mainnet migration and the incomplete KYC process.
Because of this, many users, particularly in China and Southeast Asia, still can not access or move their tokens. At the same time, the Pi Network price is continuing to face pressure because it is not listed on major exchanges.
Although it is traded on OKX and Bitget, it is absent from top platforms like Binance and Coinbase. Even with strong community support for a Binance listing, there is still no official confirmation or update.
Real-World Use Still Limited
The Pi network claims tens of millions of users, but its practical usage is still limited. Marketing events like PiFest have created some excitement, but they haven’t resulted in the steady, practical use of the network or its tokens.
Blockchain expert Marcus Tien said the community is big and active, but Pi Network still lacks some useful features. For Pi recovery to continue, it needs tools such as DeFi applications, collaboration, and real usage services that can be used by people.
Token Unlock Could Trigger Downward Pressure
The project is scheduled to release 1.47 billion Pi tokens in the upcoming years. If there is no active burning plan to reduce the supply or increase demand, then this might cause a lot of selling pressure in the market.
Pi Network Bounce Triggers Bullish Buzz, But There’s a Catch 4
The analyst warns that the upcoming token unlock could challenge the current support levels. If the Pi Network price falls below $0.74 again, then the Pi recovery might down or even get reversed. The liquidity is still low, particularly on exchanges like OKX, where the liquidity is limited.
Conclusion
The recent rise in the trading and Pi Network price shows that the project is still active. Some important issues like creating real use for tokens, clear communication from developers, and listing on major exchanges must be solved quickly to make pi recovery last. This pi news shows both potential and challenges ahead.
FAQs
1. What is Pi Network’s current price as per the latest market data?
According to the latest market data and recent Pi Network news, the Pi Network price is around $0.8337.
2. What is the key support level for Pi Network price?
The key support level is around $0.74.
3. What does technical analysis say about the Pi Network?
Technical indicators show cautious optimism, but momentum is unclear with mixed as highlighted in recent Pi Network news.
4. Is Pi Network price expected to reach $1 soon?
It is uncertain. The price needs to break above $0.90 with strong buying pressure to reach $1.
5. Has Pi Network price increased recently?
Yes, Pi Network price recovered about 30% after dipping in May.
Glossary
Pi Network: A crypto project that lets you mine coins on your phone.
Mainnet Migration: Moving crypto from testing to a full, working blockchain.
KYC: A process to verify user identity before using the platform fully.
Exchange Listing: When crypto is added to an exchange for trading.
Buy Pressure: High demand that can make the crypto price go up.
Sources
Binance
Crypto news
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