PI Network Price Enters May With Hopes of a Breakout
The PI network price dropped by 18% in April, sliding from $0.73 to $0.58 after failing to clear major resistance. Despite that drop, analysts following the PI network price closely have begun noticing signs of a shift. The MACD has turned bullish, and with an ADX score of 8.59, the current trend is considered weak, giving bulls a potential opening.
PI has been range-bound between $0.55 and $0.73, but now sits in a tight consolidation phase. If momentum picks up, the PI network price could push toward $0.96 or even $1.39 in the coming weeks. As May begins, traders are watching closely to see if the rebound long anticipated will finally arrive.