Pi Network's price is showing signs of a potential trend reversal, with indicators suggesting a bullish momentum. The current price is around $0.61, with a 4.97% increase in the last 24 hours and a 14% rise in the past month. Technical analysis reveals a symmetrical triangle pattern, indicating a possible breakout.
*Key Price Levels:*
- *Support Level:* $0.61, which has withstood multiple tests
- *Resistance Level:* $0.66-$0.70, a break above which could target $0.78 and $0.90
*Market Sentiment:*
- *Bullish Case:* Potential price surge to $2.02 by the end of May, driven by substantial shift in market conditions
- *Bearish Case:* Failure to hold $0.58 may send the price tumbling toward $0.48 and $0.40
*Future Projections:*
2025: Potential high of $1.85, with average price around $1.10
2029: Possible peak at $6.00, driven by market cycles and adoption growth.