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Pi Network’s price remains stable at $0.64, maintaining its position above the critical support level of $0.61 for the past two weeks. While the coin has yet to stage a significant recovery, its resilience above this support is noteworthy.
Market analysts suggest that if inflows improve and broader market conditions turn bullish, Pi Network could challenge its immediate resistance at $0.71
Crypto analyst Tom Camp has hinted at a potential price increase for Pi Network’s native token, $PI, suggesting it could climb to $1.50.
Camp pointed out that PI has broken a significant trendline on the 4-hour timeframe and noted the token’s prolonged consolidation phase. “This could be a preparation for a big rise,” Camp stated, urging traders to “buckle up” as momentum appears to build.