Pi Network Consolidates After May Dip: Can Price Regain Momentum?

22h ago•

bullish:

bearish:

As per the sources, the Pi coin price is starting to show early signs that might go up again, leading some analysts and traders to speculate about a possible 200% surge.

The Pi Network token is currently priced at $0.6311 and is getting more attention after it faced a 1.35% drop in just 24 hours and a strong 23.85% increase in trading volume.

While some investors are still hesitant, others see this as a quiet accumulation period before a possible breakout, mainly because of the strong Pi community and upcoming updates to the network.

Pi is consolidating after a sharp correction, with price forecasts for June 2025 targeting a bullish close if buying pressure returns.

Some experts believe that if key catalysts like a major exchange listing materialize, PI could target a 200% surge. Though most mainstream predictions for 2025 remain more conservative.

Community Strength Driving Resilience

The Pi Network still has one of the most loyal communities in the blockchain world. Even though there have been delays in its open mainnet launch, people are still excited about its first mobile mining and how it can be used in real life.

This strong belief in the project’s future has helped to keep the Pi coin price steady, even during volatile times.

Crypto advisor Neha Chawla said that, unlike most altcoins, Pi is supported by its users and not big money. She added that this makes it stronger in a special way that stands out.

The network has more than 50 million users, and now Pi Network is seen as an example of how a crypto project can grow through its community.

Technical Setup Points Toward Imminent Price Action

Looking at the charts, the Pi coin price seems to be settling down after a rough month in May. Technical indicators such as Bollinger Bands show narrow bands.

This often means that a big price movement might be coming soon. The Bear Bull Power indicator is still in the negative zone, which shows that the market is weak.

But some experts believe this might also mean that the sellers are running out of strength. The coin is still staying in key technical areas that, in the past, preceded breakouts.

Metrics	Value	Source
Current Price	$0.6326	Coinmarketcap
24 hour Trading Volume	$59.28M	Coinmarketcap
Market Cap	$4.69B	Coinmarketcap
All-Time High (Feb 2025)	$2.98	Coinmarketcap
2025 Price Forecast	$5.20	CoinDCX

Divided Market Sentiment, But Momentum Builds

Even though the Pi coin price is trading nearly 78% below its all-time high of $2.98, it has gone up by 62.73% so far this year. Some investors are still unhappy.

Because the coin is not listed on major exchanges, and has a limited use. But many others are becoming more hopeful as important updates to the Pi Network are getting closer.

On crypto forums like Reddit and X, many users are still confident in Pi’s future. They point to the ongoing development of decentralized apps (dApps), online marketplaces, and community tools as proof that the project is growing and improving.

Price Forecast

Analysts are watching some important price levels. The nearest resistance is at $0.85. If the Pi coin price goes above that, then the next target is at $1.1750. Many experts think this is a positive short-term goal if bullish pressure continues to grow.

Pi Network Consolidates After May Dip: Can Price Regain Momentum? 4

For those investors who are willing to take more risk, the $1.86 level is the big goal that would mean a 200% surge. But reaching that price would stay need some positive news, like the mainnet launching and support from the broader crypto market.

On the other hand, if the Pi coin price can’t rise above the resistance level, then it might drop down to its critical support level around $0.5155.

Conclusion

The Pi Network is standing at an important point, with a strong community, steady chart, and big updates coming soon.A 200% surge in the Pi coin price might seem bold.

However it could happen based on the past trends and what the project aims to do. Still, investors should be careful as the Pi coin price is based on excitement and trust in the project’s future plans.