Are you looking to invest in Pi and have been closely watching the price charts? Then, you are in the right place. Let’s take a look at the latest Pi price action and see what technical indicators suggest about possible scenarios for Pi Network. The famous community-based coin has had a rocky journey so far. With massive token unlocks and Mainnet upgrades still to come, let’s take a detailed look at how the Pi Network progresses.
Pi Price Analysis for May 1, 2025
Pi has been host to severe fluctuations in the past 24 hours. Amidst range-bound consolidations, a 12.5% spike was observed on the chart yesterday. A correction did occur, but Pi could hold on to the gains, posting a 6% rise from its price 24 hours ago. This bullish movement has also boosted 24-H trading volume by 19% according to CoinMarketCap data. Although Pi Network faces constant scrutiny due to the massive token unlocks and mainnet issues, the action in the last 24 hours has shown immense promise for the coming days. The day started with gradual trend-based movements and has stabilized at a higher level.
Pi commenced the trading session at $0.5755, continuing the uptrend from the previous day. This uptrend led the price to $0.5899. The RSI also rose and seemed to stabilize near the overbought level. At 1:40 UTC, a death cross formed, and some correction was seen. The price dropped to $0.5805. The Pi price continued to display range-bound behavior yesterday until morning. At 7:00 UTC, the price stood at $0.5860. A bearish Pi trend formed, as a mild downturn ensued. Half an hour later, at 7:35 UTC, it was supported by a death cross on the MACD indicator. The price eventually touched $0.5746 before staging a reversal to $0.5833 by noon.
PI/USDT Chart, analyzed by raodevansh18, published on TradingView, May 1, 2025
Pi Experiences Massive Growth in the Second Half
At the stroke of noon, a sizable death cross emerged on the MACD, and a downturn occurred. This downtrend led the Pi price to $0.5600, marking its 24H low. Quite aptly, the RSI also dipped into the oversold region at this point, prompting a quick Pi trend reversal. This reversal led the price up to $0.5770 by 15:45 UTC. A death cross followed later, but Pi resisted the downtrend with an elaborate trading range. The trading range continued till 19:40.
At 19:40, a wide golden cross formed on the MACD, and a momentous 12.5% spike followed. This spike took the price to $0.6485 from $0.5775. With the RSI rightly overbought, a sharp correction followed for Pi. This retracement led to Pi finding support at $.6040. The bearish pressure seemed to be cooling off, and Pi started ascending again. But another death cross at 22:25 UTC sealed a pullback as Pi settled at $0.6140.
PI Coin Tests Major Support Level at $0.6040
Today began with some bullish action for Pi, thanks to the early golden cross. The Pi price scaled to $0.6380, but a stiff ceiling was found at $0.6385. The RSI also soared into near-overbought levels, calling for a strong reversal. The 1:50 golden cross spawned a downtrend, taking Pi to $0.6070. It is worth noting that Pi has not touched the support level yet. It has found some consolidation. At the time of writing, it trades near the $0.6100 mark.
What Are the Possible Scenarios for Pi Coin?
Pi has been able to retain its gains in the past 24 hours. Even after the massive spike, Pi stabilized soon and trades higher. The RSI has been effective in identifying key price movements. However, this morning, it is tipping towards the bearish side. This can also be deduced from the fact that a golden cross at 6:20 UTC has done just enough to avoid downturns, failing to push the Pi price up. A test of the $0.604 support may be imminent. If the support holds, the bulls may try to enter the market and vie for a resistance test. If the bearish pressure persists, a support breach is quite probable.
Pi Price Analysis for May 5, 2025
Pi has been showing heavily range-bound behavior. Some early bullish movements were seen in the last 24 hours, but appropriate, timely corrections have ensured that the bullish phase was short-lived. The Pi price stood at $0.5830 as the trading session commenced. Thanks to the golden cross right at midnight, an early bullish trend formed, and Pi was seen climbing confidently. By 2:00 UTC, the price touched $0.5880. The golden cross seemed to be heading towards a bearish convergence when it widened again, causing a spike in the Pi price.
The ensuing Pi breakout led the price to $0.5987 within 5 minutes. This bullish spike faced a strong correction as Pi returned to $0.5882. However, the RSI continued to trend above the midline, leading to more upticks for Pi Coin. Although fluctuations were seen, by 4:15 UTC, the Pi price made its way to $0.5961. At this point, another massive golden cross formed, leading to another upward Pi breakout. The spike that followed led Pi to $0.6104 in the following half an hour. The RSI too soared into the overbought zone with the abrupt rise in prices.
Chart : PI/USDT M-5 Chart, analyzed by raodevansh18, published on TradingView, May 5, 2025
Strong Downturns Follow Pi Price Spikes
A strong bullish crossover on the MACD confirmed the corrective phase as the price retraced slowly at first to $0.6028 by 05:45 UTC. However, the downtrend became more dramatic as the gap between the EMAs widened and Pi coin slumped to $0.5952 by 6:00 UTC. Some respite was seen as the downtrend slowed down, but it persisted to take the price as low as $0.5882, very close to the initial level. The RSI also dipped to near-oversold levels at this point, sparking hopes of an uptrend. However, the uptrend found a strong ceiling at $0.5946. Soon, it returned to $0.5892 by noon.
Pi coin attempted another bullish trend, but could only go as far as $0.5953. Soon, a trading range followed, as the price consolidated around the $0.595 mark. A downward Pi breakout followed, as the bears took the price down to $0.5860, marking the lowest in the last 24 hours. The price soon returned to $0.5940, but failed to scale further. It tested the $0.5940 resistance repeatedly in the hours that followed. At 20:00 UTC, Pi tested the resistance for the last time and slowly retraced to $0.5890 by midnight.
Pi Trends Upward to Test Resistance Today
A modest uptrend had formed late on the previous day, and the Pi price continued on it to test the $0.5940 resistance again. The initial test failed, and Pi Coin soon retraced to the support level again. Since then, Pi has been on a slow and stable uptrend, veering closer to the $0.5940 resistance. As of now, the RSI is working just above the midline. However, the slow uptrend points to low buying volume as of now, even though the trend is bullish.
Technical Indicators Suggest More Consolidation, Upward Breakout Unlikely
The RSI is well within the 30-70 range as of now. The MACD indicator also suggests slight bullish pressure with a narrow golden cross. The lack of trading volume from both bulls and bears shows market indecision as Pi fluctuates between these two stiff boundaries. A decisive Pi breakout combined with strong buying volume could lead to Pi consolidating at higher levels, perhaps a bit closer to $0.605. However, if the support is breached from here, further downsides may follow quickly.
Pi Network (Pi) Price Analysis for May 9, 2025
Pi Coin has experienced a confident, slow rise in the past 24 hours. The coin has gradually ascended without facing any substantial resistance. Any bearish reversals have lacked strength, and modest uptrends have formed, leading to remarkable gains for Pi. The Pi price stood at $0.5825 at the beginning of the trading session. Right after midnight, a strong bullish trend was seen with the golden cross on the MACD indicator. The price started ascending, going to $0.6189 by 2:00 UTC. Some stabilization was seen, but the price rose to $0.6482 by 3:50 UTC.
PI/USDT, M-5 Chart, analyzed by raodevansh18, published on TradingView, May 9, 2025
The first meaningful reversal of the day came at this point, corroborated by the RSI’s extended foray into the overbought region. A death cross formed on the MACD, and the Pi price retraced to $0.6197 by 4:40 UTC. As the EMAs moved towards convergence, a trading range formed as the Pi Coin avoided further downturns. A bullish trend ensued at 6:45 UTC, and an upward Pi breakout was forming. However, correction arrived again with a MACD death cross, and the price went on to test the $0.6160 support level by 11:10 UTC.
Pi Mounts Bullish Pressure, Rises Slightly by Midnight
At 11:20 UTC, the bullish pressure was reignited with a golden cross, and a modest uptrend followed. This uptrend, although slow and consolidatory at times, led the Pi price up to $0.6325 by 15:45. Another phase of range-behaviour followed till 18:40 UTC, when Pi mustered an upward breakout and veered up to face rejection at $0.6460. A slight reversal followed, but Pi tested the resistance again by 21:00 UTC. This test failed too, and the Pi price retraced to $0.6325. A slow uptrend followed, going into the midnight. By 00:00 UTC, Pi Coin traded at $0.6460, on the verge of breaking the resistance.
Pi Ascends Rapidly, Faces Correction on the Verge of $0.8
The golden cross from the previous day widened dramatically at midnight today. The price spiked up to $0.6580 within the first five minutes, and formed a sharp uptrend to $0.6996 by 1:30 UTC. The RSI reported heavily overbought conditions at this point, prompting a strong reversal. A death cross did form at 1:50 UTC, and investors expected a major downturn. However, the bears could only pull the price down to $0.6708. A trading range formed again, as neither the bears nor the bulls could push a decisive Pi breakout.
At 3:45 UTC, it seemed like a downward break was on the cards. However, Pi Coin found renewed bullish strength with the 4:15 UTC golden cross. The 12-day EMA outpaced the 26-day EMA considerably, and more rapid growth followed. The price breached $0.7800 by 7:25 UTC, registering a weeks-long high. However, this time the overbought conditions ignited a considerable bearish trend, with Pi retracing to $0.7192 in a downward channel. Since then, Pi has again found a bullish reversal, and as of the latest update, stands at $0.7541.
Price Rally May Continue for a While More, $0.8 Key Resistance
As of now, the Pi price looks to be riding on sustained bullish pressure again. However, it will take much more work from the bulls to record a breakout above the $0.78 level. That is a probable outcome for today. If $0.78 is conquered, Pi’s next target will be the $0.80 valuation. The bulls have thrived in the last 24 hours. The psychological resistance at $0.80 will be critical. If the bulls fail, the sellers may regain control and introduce strict corrections to the Pi Coin price. As of now, a decisive breakout above Pi will dictate the oncoming moves.
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