Pi Coin is currently trading at $0.6149, falling 5% in the past day. It has decreased by 62% from its 2025 peak and is down 80% from its all-time high. Millions of new Pi tokens are being unlocked daily, impacting the price negatively.
Pi Coin is currently below key moving averages, such as the 10-day EMA at $0.6612 and the 50-day EMA at $0.7729, indicating a bearish trend. While oscillators are mostly neutral, some show early bullish signals. The main resistance level is at $0.66, and a breakthrough could suggest a short-term recovery.
If selling pressure persists, Pi may fall to a crucial support level near $0.57. The price is consolidating under pressure and requires increased buying volume to change direction.
In May, Pi attempted to reach $1 but retreated, dropping by 11%. CoinCodex anticipates a short-term decline for Pi Coin, forecasting a price drop to about $0.49 within a month and hovering near $0.50 for the next three months. CoinDCX predicts a range between $0.68 and $0.74 for June with rising volatility and renewed buying interest.
Dr Altcoin mentioned that the PCT might be using AI for KYC tasks, potentially causing delays in KYC requests for some Pioneers. Without significant updates, Pi could further decrease and reach a low near $0.40 by August. As the token unlocking pace slows post-August, selling pressure may ease, leading to a potential price rebound.
The Pi Core Team has emphasized user safety, advising users to keep their wallet passphrase private. They assured users that they would never request passphrases, passwords, or verification codes. Users should utilize only official Pi Wallet apps listed in the Pi Safety Center and avoid unofficial platforms.
Note: Investments carry market risks. Please invest carefully. We do not accept responsibility for any financial losses.
