Projections for Pi Network (PI) Value in the Following Week

The Pi Network's (PI) value continues to decrease, with key support levels identified at $0.50 and $0.40, and resistance levels at $0.52 and $0.67. Despite attempts by buyers to halt the decline with a rise to 67 cents, sellers quickly helped bring the price back to around $0.50, indicating a bearish trend. If the price falls below $0.50, PI could hit new lows.

The strongest support is at 40 cents, and if the price fails to stay above $0.50, a test of this support level becomes probable. The 4H RSI also indicates a clear downtrend with no signs of reversal, suggesting a further decrease in price over the next few days. Buyers are not expected to return until the RSI drops below 30 points, indicating an oversold status.