Pi Coin Price Prediction: Can It Recover After a 31.9% Weekly Drop?
Pi Coin Faces Uncertainty After Price Decline
Pi Coin (PI) has faced a significant downturn, dropping 31.9% in the past week to trade at $0.9125. The decline follows its exclusion from Binance’s “Vote to List” campaign, raising questions about its future price trajectory. With analysts debating whether Pi Coin can recover, investors are closely watching key resistance and support levels.
Can Pi Coin Bounce Back?
Pi Coin’s exclusion from Binance’s listing vote stemmed from its independent blockchain status rather than being part of Binance Smart Chain (BSC). This development contributed to a bearish trend, with Pi Coin now hovering around a resistance level of $1.20 and a support level of $1.14.
Technical analysis suggests Pi Coin is currently in a consolidation phase, forming a symmetrical triangle pattern. This could lead to a breakout in either direction, depending on market conditions and investor sentiment. While some indicators show strong selling pressure, a potential reversal remains possible if Pi Coin secures broader adoption, attracts institutional interest, or gets listed on major exchanges.
JetBolt (JBOLT) Gains Momentum Amid Pi Coin's Struggles
As Pi Coin faces uncertainty, a new altcoin—JetBolt (JBOLT)—is gaining traction in the crypto space. JetBolt has already sold over 345 million tokens in its presale, drawing significant attention due to its innovative features.
One of JetBolt’s standout attributes is its zero-gas technology, which eliminates transaction fees, a common pain point in blockchain networks. Built on the Skale Network, JetBolt ensures seamless, gas-free transactions. Additionally, the project integrates Web3 wallet security with biometric authentication and AI-powered news aggregation, further enhancing its appeal.
With its innovative technology and presale incentives—including up to 25% extra tokens—JetBolt is positioning itself as a strong contender in the crypto market.