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Pi Price Prediction: Will Pi Coin Explode Above $0.90 or Crash Below $0.40 in May 2025?
Pi Coin (PI/USD) is currently trading near the $0.61 mark, recovering modestly after a significant downtrend from its March 2025 high of nearly $3.00. The price has since stabilized in a narrow consolidation range between $0.56 and $0.66. This period of sideways movement signals that the market is in a phase of accumulation, potentially preparing for a decisive move in May. However, directional clarity hinges on price reactions to nearby support and resistance levels as well as confirmation from momentum indicators.
Daily Chart Analysis: Trendline Support Holds, but Volume Lacks Conviction
Pi Coin price dynamics (Source: TradingView.)
On the daily timeframe, Pi Coin has repeatedly rebounded from the crucial support level around $0.40, which now serves as the base of its current range. A gradually rising trendline suggests that bulls are attempting to defend higher lows. However, the price is struggling to breach the psychological resistance near $0.70. Notably, this level aligns closely with the 0.236 Fibonacci retracement of the downtrend from the $2.769 peak. As long as Pi sustains above the $0.49โ$0.50 trendline, the structure remains technically constructiveโฆ
The post Pi Price Prediction: Will Pi Coin Explode Above $0.90 or Crash Below $0.40 in May 2025? appeared first on Coin Edition.
Daily Chart Analysis: Trendline Support Holds, but Volume Lacks Conviction
Pi Coin price dynamics (Source: TradingView.)
On the daily timeframe, Pi Coin has repeatedly rebounded from the crucial support level around $0.40, which now serves as the base of its current range. A gradually rising trendline suggests that bulls are attempting to defend higher lows. However, the price is struggling to breach the psychological resistance near $0.70. Notably, this level aligns closely with the 0.236 Fibonacci retracement of the downtrend from the $2.769 peak. As long as Pi sustains above the $0.49โ$0.50 trendline, the structure remains technically constructiveโฆ
The post Pi Price Prediction: Will Pi Coin Explode Above $0.90 or Crash Below $0.40 in May 2025? appeared first on Coin Edition.
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