Price Surge: Over the past week, #PI has surged by more than 158%, climbing from $0.59 on May 5 to its current level.

Resistance Levels: The next key resistance levels are at $1.40 and $2.00.

Upcoming Developments: A significant ecosystem update is scheduled for May 14, which has already spurred increased trading interest and could further influence #PI's price.

Analyst Predictions

Short-Term Forecast: Analysts project that Pi could reach a high of $4.34 in May, with an average price of $2.58.

Long-Term Outlook: Looking further ahead, some forecasts suggest that Pi could stabilize between $5.20 and $5.50 by the end of the year.

Considerations

Market Volatility: Cryptocurrency markets are highly volatile. While current trends are positive, prices can fluctuate rapidly.

Speculative Nature: Given that #PI has only recently become tradable on major exchanges, much of its price movement is speculative.

Investment Caution: It's advisable to approach investments in #PI with caution and only invest what you can afford to lose.

For real-time updates and further details, you can refer to the #Pi Network price chart.