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Cryptocurrency News Articles
Pi Network (PI) Price Prediction for April 3, 2025: Will PI Rise, or Will Selling Pressure Drive It Even Higher?
Apr 03, 2025 at 07:45 pm
Trading at $0.6722 after a steep 77% drop from its February peak of $2.98, Pi Network's token (PI) is approaching its historic low.
Pi Network’s (PI) token is approaching its historic low at $0.6722, following a steep 77% drop from its February peak of $2.98.
The newest fall adds to the difficulties in a market that is already struggling with a large token unlock of 126.6 million PI coins set to hit the market this month alone.
Although the likes of PiFest 2025 are advocating for the token’s acceptance, worries over sustained profitability and liquidity remain. Let us take a look at the main elements: will PI rise, or will technical signals point to more downside, especially with an unfolding triangle pattern and selling pressure from the token unlock?
Pi Network Market Analysis & Price Outlook
The token’s downward trajectory is unfolding amid ongoing releases of tokens that have outpaced demand, explaining the sustained selloff.
Concerns over supply are still pressing, with 126.6 million coins set to unlock in April and another 1.54 billion scheduled to be available in the following year.
Unless demand increases significantly, analysts note that PI’s value could continue decreasing.
Speaking in technical terms, PI coin is unfolding in a descending triangle, a bearish pattern that signals potential for additional losses.
Even with initiatives to boost adoption, such as PiFest, worries over finances remain a main obstacle.
The token has been used in transactions by thousands of sellers and merchants, but this practical application has yet to generate sustained price stability.
It remains to be seen whether more adoption can counter the selling pressure arising from the token unlock. Traders are monitoring for any shifts in demand that could facilitate price stabilization, and the market sentiment remains cautious.
It seems that Pi Network’s token will likely face sustained pressure until there is more purchasing demand or the issues with supply are resolved. Let’s take a look at the Pi price prediction to see how this will impact the price of Pi.
Pi Price Prediction for April 3, 2025On the 15-minute chart of PI/USDT, prices are testing major support levels and forming lower highs, showcasing a clear downward trend. The chart highlights earlier resistance at around $0.75 USDT and several support levels; the most recent breakout occurs below $0.65 USDT. This triple breakout signals even more bearish momentum. The RSI indicator confirms this bearish pressure, presenting oversold conditions at 19.80.
Chart 1: Analysed by vallijat007, published on TradingView, April 3, 2025
Historically, oversold RSI levels have resulted in brief price recoveries; however, the overall direction is bearish.
Furthermore, the MACD line is crossing under the signal line, marking a bearish crossover that supports further price declines.
If the price remains below $0.65 USDT, further falls toward the next support area at around $0.62 USDT are possible.
However, a bounce could occur from buyers stepping in at oversold levels. Traders should observe whether the price can reclaim the broken support as resistance or if the selling pressure continues to chart a sustained downturn.
Future Perspective Of Pi Network
On the 15-minute chart of PI/USDT, the price is sharply dropping through significant support levels and testing new lows. The RSI at 19.80 indicates a very oversold state, suggesting a quick bounce.
Still, the MACD’s bearish crossover indicates ongoing downward pressure.
Further falls toward $0.62 or less are likely if PI coin fails to recover above $0.65.
The recovery will depend on renewed activity from traders and investors and overcoming major resistance at around $0.75.
Meanwhile, pessimistic momentum prevails and keeps the outlook for PI unstable.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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