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A Stunning Comeback! Pi Network Surges 3%, Can Token Speculation Save the Price to Reach $3?

After experiencing a low on April 8, Pi Network's original token PI finally catches a breath! The current price is about $0.58, having risen nearly 3% in the last 24 hours, halting the continuous decline. The reason for the rebound? This week's unlocking volume has rarely decreased!

According to PiScan data, only 1.5 million tokens are unlocked daily, reaching April 11, while on April 18, 9.8 million tokens (approximately $5.7 million) will flow into the market. The total unlock for this month is 160 million tokens, with a market value close to $94 million. The community urgently calls: Quickly associate tokens to block inflation crash!

Very touching

The harder the drop, the harder the rebound. A prominent community figure bluntly states: Pi must face the brutal truth; if you want to return to the high point? The core team must burn hundreds of millions of tokens!

Can the price soar to $3?

PI's market value is 3.94 billion, ranking 26th. On the 4-hour chart, the RSI is severely at 46, with buying momentum gradually increasing; the Bollinger Bands are narrowing, breaking through the $0.60 resistance or rushing to $0.67. MACD shows a bullish crossover with slightly increasing momentum. Analyst Moon Jeff boldly claims: It may soar to $3 in June! But today, with 944K unlocked (worth $500,000), it throws cold water on the expectations.

Next Unlock Bomb

In mid-April, the unlocking volume will surge, and Jeff advises: Adjust your positions immediately, or else wait to be crushed!

Is Pi's 3% warming up a lifeline? Let's wait and see!