Daily Analysis and Market Insights into Pi Coin's Value and Trends

Daily Analysis and Market Insights into Pi Coin's Value and Trends

Pi Coin's Turbulent Journey: Up, Down, and Ready for the Next Battle

In the past 24 hours, Pi Network's price saw a rollercoaster ride, dipping by 2.98% temporarily, but soaring by a spectacular 107.45% this past week. This impressive surge caught the attention of traders and investors, signaling that the Pi Network still holds immense potential. Let's delve into the recent price analysis to understand the current trend better.

Yesterday's Pi Network Cat-and-Mouse Game

May 13th was a day filled with drama for Pi Network (PI/USDT) as bulls and bears engaged in an intense tug-of-war. The day started with sellers dominating, pushing the price down. By 00:30 UTC, the RSI signaled oversold territory, but the bears continued their onslaught. However, at 03:00 UTC, a golden cross on the MACD provided a vital lifeline for the bulls, sparking a slight recovery.

The action intensified at 07:30 UTC when buyers pushed the RSI into overbought territory, giving the bulls a significant upper hand. They drove the rally relentlessly until 08:45 UTC when another ominous MACD death cross signaled a potential bearish reversal. But the bulls weren't ready to concede just yet. At 12:30 UTC, another golden cross on the MACD resumed the upward momentum.

Momentum continued to build as the MACD showed another golden cross at 15:50 UTC, and the RSI became dangerously overbought at 16:15 UTC. The bulls maintained their grip until 16:55 UTC when another death cross on the MACD signaled a downward shift. Theprice slid once more, and as the day ended, a golden cross at 23:50 UTC hinted at another potential bullish move.

Pi coin closed May 13th with high volatility, as both buyers and sellers fought fiercely for control heading into May 14th.

The Rise and Fall of May 14th

The trading day of May 14th, as highlighted in the chart-1, began with bullish momentum that didn't last long. A MACD death cross early in the day hinted at a minor dip. By 03:50 UTC, the MACD showed a golden cross, offering some respite to the bulls. However, at 05:35 UTC, another death cross flipped the trend once more. The pressure intensified at 07:00 UTC when the RSI flashed oversold, and sellers took full advantage, initiating a sharp drop. The price found support at $1.1225. Despite the rebound, the outlook remains uncertain. As of now, Pi price is hovering around $1.19, with the tussle between bulls and bears still raging on.

The Road Ahead for Pi Network

According to Pi Network price analysis, if the downtrend continues, Pi price may breach the $1.12 support and head towards $1. If the bulls regain control, they could break the $1.344 resistance and aim for $1.45 or higher. Traders are closely watching these levels as they will determine whether the coin maintains its upward momentum or experiences further retracement. The upcoming sessions will reveal whether Pi Network trends upwards or succumbs to additional price drops.

Insights:

• Recent Price: As of recent data, Pi Network (PI) is trading around $0.8837 following a significant drop[1].
• Support Levels:
• $0.89: Recently breached, signaling a strong downward momentum[2].
• $0.75: Potential support if the bearish momentum accelerates[1].
• $0.60: A strong support zone that could hold if the price drops further[4].
• $0.645: A key level forming a double-bottom pattern, which could act as a base for a potential breakout[5].
• Resistance Levels:
• $1.00: A vital psychological level that could reverse the bearish trend if regained[1][4].
• $1.74: A significant resistance level that could act as a price magnet if PI gains bullish momentum[4].
• $2.00: A major psychological resistance and historical high that Pi could reach if it breaks above $1.74[3][4].

[1] CoinMarketCap. (2025). PI Price Chart. https://coinmarketcap.com/currencies/pi-network/

[2] TradingView. (2025). Pi Network Price Prediction and Chart. https://www.tradingview.com/symbols/PIUSDT/

[3] CoinCodeCap. (2025). Pi Network Price Prediction. https://coincodecap.com/pi-network-price-prediction

[4] InvestingCube. (2025). Pi Network Price Prediction 2030. https://investingcube.com/pi-network-price-prediction/

[5] CryptoMinded. (2025). Pi Network Price Prediction 2025. https://www.CryptoMinded.com/pi-network-price-prediction/

In the intense trading landscape, traders and investors are closely monitoring the Pi Network's price volatility, particularly in relation to finance and investing. Given the recent price analysis, if the downtrend continues, Pi Network might breach the $1.12 support, moving toward $1, or if the bulls regain control, they could break the $1.344 resistance and aim for $1.45 or higher. These levels will determine the coin's trajectory, signifying whether Pi Network maintains its upward momentum or experiences further retracement.

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