The Pi Network Mainnet Launch has been Highly Anticipated

The Pi Network functions as a top-discussed cryptocurrency because it possesses a distinct mining approach and goals for establishing decentralized systems

The highly anticipated Pi Network Mainnet Launch is rapidly approaching, and with it comes the prospect of significant price rallies. However, recent market changes have brought some concern to investors as PI price fell by 68% during its latest dip.

What is the Pi Network?

The Pi Network is a top-discussed cryptocurrency because it has a unique approach to mining and its goal is to establish decentralized systems. Recently, the network has been transitioning from testnet to mainnet, and there are also rumors of a public exchange listing, which are all subjects of discussion regarding the coin's future potential.

Recently, the market downturn of PI has been a main focus for community members, who are discussing the coin's vulnerable situation and the future business potential of the network.

Will Pi Coin Reach New Heights?

The launch of the Pi Network Mainnet marks a major milestone for the network, setting the stage for widespread adoption. As the network expands its capabilities with new features such as staking and decentralized applications, the potential for Pi Coin to recover from its recent major price drop becomes increasingly critical.

Market experts predict that we can expect to see some price recovery due to the strong support from Pi Coin users who are eagerly awaiting the mainnet launch. However, the future movement of Pi Coin remains uncertain as investors will need to keep a close eye on statements from the team at Pi Network and the broader market conditions.

Pi Price Prediction: What’s Next for Pi Coin?

The 5-minute chart showcases fundamental support areas and technical analysis data that will decide how Pi Network (PI) will perform in the market. The price rebounded from its strong support level at $0.7000 to form an upward trend, which reached $0.7550 before sellers applied strong pressure.

The resistance at $0.7550 has been a major challenge as sellers managed to quickly reverse the price from this zone. The exchange rate is currently holding within an essential support zone between $0.7100-$0.7150 as it trades at $0.7212. We can observe the dual market powers in this specific zone, shifting between bullish and bearish.

The price will move towards $0.7300-$0.7400 after a strong defense of this support zone, but a deeper retracement to $0.7000 or lower is possible if the $0.7100 level fails to hold.

Analyzed by Triparna Baishnab, published on TradingView (April 1, 2025)

Pi Price Prediction models are being rewritten in light of recent market developments, which may indicate a potential price explosion. A neutral RSI value of 50.46 shows indecisive market conditions at the current position. The market price showed signs of recovery on prior occasions when the RSI value went below 30 during oversold conditions (as it did at $0.7000 reversals). The price encountered resistance after the RSI crossed the 70 level, entering the overbought area. The price will move toward $0.7400-$0.7500 once the RSI passes the 60 mark.

However, the price tends to face increased market selling pressure, which leads to lower support re-evaluations when the RSI indicator falls below 40.

Pi Coin Market Analysis: Trends and Insights

MACD (12, 26 close) presents multiple important trend-altering events known as Golden Crosses and Death Crosses. When the 03:00 UTC Golden Cross appeared, the price quickly jumped from $0.7100 to $0.7300, thus confirming the immediate bullish market sentiment. The market experienced slight decreases following additional Death Cross patterns since bearish selling power continued to build. Another bullish breakout may become probable once the MACD line passes above its signal line while simultaneously showing expanding histogram bars.

Pi Coin Market Analysis is crucial in understanding the current market trends and predicting future price movements. Currently, the market stands at a significant price point where traders need to make crucial decisions.

A breakout above $0.7300 can propel the price to $0.7400-$0.7500 with enough trading volume to potentially reach $0.7550. However, any price movement that triggers sellers to take control and push the price below $0.7100 will spark a sell-off. This could lead to further declines toward $0.7000 and potentially to $0.6900.

The upcoming three to six hours will shape the market’s future direction as the current price consolidation stays between $0.7200 and $0.7250. Bulls should aim for a strong price jump above $0.7300, while bears must push the