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PIUSDT Daily Technical AnalysisPIUSDT Daily Technical Analysis Pi Network Coin indicators are NEGATIVE. The selling pressure on Pi Coin is still ongoing. Indicators are at a low position but still appear negative. If it can move sideways above the 0.92957 support level, the chances of recovery in the coming days may increase. The 0.92957 - 0.858 price levels are important support points. It seems that the Pi Network team is somewhat weak in social communication. The applications created on the platform are still inactive, and the KYC period for users who joined before the Mainnet has now expired. There has been no explanation regarding the coins removed from accounts, or at least, we haven't seen one. In fact, no statement has been made on their YouTube channel either. If the coin does not break below these support levels, it could create a buying opportunity for positive price movements in the future. There is currently no clear information, so we will see how things develop. NOT INVESTMENT ADVICE. The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are offered within the framework of an agreement between clients and brokerage firms, portfolio management companies, and non-deposit banks. The content on this page reflects only personal opinions. These views may not be suitable for your financial situation, risk tolerance, or return preferences. Therefore, investments should not be made based on the information and writings on this page. To avoid missing our analyses of both positive and risky technical indicators, follow us and like our content—we would appreciate it!
by SinerjiPortfoy
PIUSDT Hourly Technical AnalysisPIUSDT Hourly Technical Analysis In the 1-hour technical analysis of Pi Network Coin, the selling pressure continues as it failed to break the 1.21 resistance. The price has dropped to the 1.0770 support level. If this support is also broken downward, the next support levels are 1.031 - 1.010. Our current expectation is negative. Next week, we may shift to daily technical analysis since daily technical data is also becoming clearer. However, for now, the daily outlook also appears negative. If there are sharp declines, buying at lower prices could create a potential for significant long-term returns. THIS IS NOT INVESTMENT ADVICE. The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are provided within the framework of an investment advisory agreement signed between the investor and brokerage firms, portfolio management companies, or non-deposit banks. The content on this page reflects only personal opinions and may not be suitable for your financial situation, risk tolerance, or return expectations. Therefore, no investment decisions should be made based on the information and statements provided here. To stay updated on our analyses with both positive and risky technical indicators, please follow and like our page. Your support is greatly appreciated!
Short
by SinerjiPortfoy
Pi Network Bounce... The Pi Network's price has been experiencing significant fluctuations recently. After a sharp drop of over 20%, the price fell below $0.90, with resistance levels identified at $1.20 and $1.50-$1.80. If the price breaks below $0.80, it could decline further to $0.60. However , some experts suggest that the Pi Network could rally back to $3, citing factors like potential exchange listings, merchant partnerships, and ecosystem advancements. The introduction of Pi-based domains and growing adoption might also contribute to its recovery. The market sentiment remains mixed, with concerns about delays in the mainnet launch and exchange listings. If you're following Pi Network closely, it might be worth keeping an eye on these developments. And one more thing, If Pi network will enter the ETF market... If Pi Network were to enter the ETF market, it could potentially boost its price and credibility significantly. Analysts suggest that an ETF approval by the SEC could lead to increased inflows and validate Pi Network as a legitimate cryptocurrency. This move might also quell concerns about its legitimacy, as ETFs often attract institutional investors. Pi Network's large market cap and liquidity make it a strong candidate for ETF consideration. However, no application for a Pi ETF has been made yet. If approved, it could lead to a surge in Pi's price, with some predictions suggesting it might even reach $100 in the long term.
Long
by SL-Trades
Pi Network Bullish Part.2The token is trading around $1.66, showing a 20% gain in the last 24 hours. It has been fluctuating between $1.00 and $2.00, with key resistance at $1.502. Anticipation of a potential Binance listing has fueled interest. A recent community vote showed strong support for listing Pi on Binance, which could significantly impact its price3. The Pi Network's sixth anniversary on March 14 and developments like KYC completion and migration deadlines are driving demand. The Relative Strength Index (RSI) and Chaikin Money Flow (CMF) suggest bullish momentum, indicating potential for further price gains if the trend continues.
Long
by SL-Trades
Pi Network in the bullish term. All right, there is lots of rumors saying that Pi Network will fail, will go to zero, will fall like brick untill nothing. When ever the trade already online and the market took place, the price wont easily drop like a brick or easily flying like a rocket. There must have a support and resistance in the chart and graph, when it already in the online financial/crypto trade market. Things will be so cool, when Trump will host a first ever crypto summit in this coming 7 March. Attendees will include prominent founders , CEOs, and investors from the crypto industry as well as members of the President's Working Group on Digital Assets. When ever the announcement, the investors are just in second into the fast click to invest in the crypto. This will be a massive, and astonishing event in crypto ever. Looking forward the Pi Network proce goes up to $10.00 in few weeks.
Long
by SL-Trades
Best LevelsGeneral Observation: 📉 Strong Bearish Candles: After a sudden price spike, the price has undergone a sharp correction, forming strong bearish candles. 📊 Support & Resistance Levels: Several key levels are marked on the chart: 🔴 Resistance Levels: 1.00, 1.50, 2.00, and higher. 🟢 Support Levels: 0.50, 0.10, 0.05, and 0.01. 📉 Trading Volume: Initially high but then declined, indicating seller dominance and weakening buyer strength. ⚠️ Possibility of Further Decline: The price is near the 0.70 support. If broken, further drops to 0.50 or even 0.10 could follow. 🚀 Bullish Scenario: If the price reclaims 0.80, an upward move towards 1.00 might occur.
by EhsanZeydabadi
4
PI NETWORK—CRYPTO’S MOBILE STAR SHINES BRIGHT? $PIUSDTPI NETWORK—CRYPTO’S MOBILE STAR SHINES BRIGHT? (1/9) Good afternoon, TradingView! Pi Network’s buzzing—47M users, $ 2.57 IOUs 📈🔥. Q1 ‘25 mainnet looms—let’s unpack this tap-to-earn enigma! 🚀 (2/9) – USER RUSH • Base: 47M users—18M KYC’d 💥 • Mainnet: 8M migrated—4.4B Pi 📊 • Model: Tap daily—no rigs, no sweat Pi’s humming—massive crowd, mobile zip! (3/9) – PRICE BUZZ • IOUs: $ 2.57—up from $ 0.668 🌍 • ‘25 Hope: 1−5—$ 2B-$ 10B cap 🚗 • Bull Dream: $ 50—$ 100B stretch 🌟 Pi’s flickering—hype or gold? (4/9) – SECTOR SNAP • Crypto Cap: $ 2.5T—BTC, ETH lead 📈 • Vs. Peers: Pi lags utility—Hamster flops 🌍 • Edge: 47M vs. altcoin minnows Pi’s a wildcard—value or vapor? (5/9) – RISKS IN VIEW • Delay: Mainnet stalls—Q1 ‘25 shaky ⚠️ • Control: Core team grips—central snag 🏛️ • Crash: Hype fades—$ 0.50 risk 📉 Hot buzz—can it dodge the bust? (6/9) – SWOT: STRENGTHS • Crowd: 47M—crypto king 🌟 • Easy: Tap-to-earn—low bar 🔍 • Green: SCP—no power guzzle 🚦 Pi’s a steady beast—user gold! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: No use, locked Pi—boo 💸 • Opportunities: Emerging markets—zing 🌍 Can Pi zap past the haze? (8/9) – Pi’s $ 2.57 buzz—what’s your vibe? 1️⃣ Bullish—$ 5+ shines bright. 2️⃣ Neutral—Waits, risks hover. 3️⃣ Bearish—Fades below $ 0.50. Vote below! 🗳️👇 (9/9) – FINAL TAKEAWAY Pi’s 47M users and $ 2.57 IOUs spark zing—crypto wildcard 🌍. Big crowd, big risks—gem or bust?
by DCAChampion
Price Prediction for Pi Network: The Crash Is Inevitable $0.005For those still holding onto Pi with the hope of future gains, it's time for a serious reality check. 🔍 Why Pi Network Is Destined to Collapse: Illegal KYC Practices Under Investigation: Apple and Google are actively investigating Pi Network’s highly questionable KYC process, where random users - not official employees, are allowed to review sensitive personal information, including passports and ID documents. This is in violation of data privacy laws such as the GDPR (General Data Protection Regulation) and other global data protection standards. If these investigations lead to the app being removed from the Google Play Store and Apple App Store, the Pi Network ecosystem will collapse overnight. A Centralized Ponzi Disguised as Crypto: Despite the crypto façade, Pi Network is entirely centralized, operating through a single app where all transactions and mining are controlled. The referral-based system strongly resembles a Pyramid scheme, with rewards heavily dependent on recruiting new users instead of delivering any genuine utility. Whale Manipulation & Market Extraction: Recent price movements show clear signs of whale manipulation - a tactic used to pump up the price, extract as much value as possible from retail investors, and leave smaller holders with the losses. The latest pump seems to have created just enough liquidity for a massive final dump. 📉 My Prediction: Imminent Crash Ahead Short-term target: Expect PI to fall to $0.20 as whales continue to unload their holdings, draining liquidity from hopeful investors. Mid-term collapse: Within the next few weeks or months, the price could plummet to as low as $0.005 as legal investigations intensify and user trust erodes completely. Long-term outlook: Once the app is removed from major platforms, and regulatory action kicks in, the Pi Network could become entirely worthless - similar to what happened with BitConnect. ❗ Final Thoughts: If you're still holding onto PI thinking a turnaround is possible, you’re risking everything on a collapsing pyramid. The recent pumps aren’t a sign of strength - they’re the final attempts by insiders to extract whatever value remains from unsuspecting holders. The Pi Network isn’t just another failing crypto project—it’s a glorified fraud that has preyed on vulnerable communities, exploiting users' data while delivering zero real value. Don’t be the last person left holding the bag when the inevitable crash happens. 🚫💥
Short
by inequivalent
75
Is There Hope for $PI Network?The highly anticipated mainnet launch of the Pi Network, a project that had garnered a massive following of over 10 million users, was expected to be a watershed moment for the cryptocurrency market. However, the aftermath of the launch has left traders and investors reeling, as the PI coin witnessed a staggering 99% drop in value within hours of listing. A Case of Overhyped Expectations The Pi Network's mainnet launch was expected to be a game-changer, marking the transition of the PI coin from a testnet-based digital asset to a fully tradable cryptocurrency. With a massive user base and major crypto exchanges like MEXC announcing pre-listing trading, expectations were sky-high. The limited initial circulating supply of 1 billion tokens out of the total 9.7 billion was anticipated to create a supply squeeze, potentially driving prices higher. However, the reality played out quite differently. This lack of clarity has led to a situation where the coin's value is largely driven by speculation, rather than any underlying fundamental value. As a result, when the mainnet launch failed to deliver on the hype, the price of the coin plummeted. Technical Analysis From a technical perspective, the PI coin's chart is a picture of despair. The token's price surged past $330 in the aftermath of the mainnet launch, only to nosedive to as low as $0.66, marking a dramatic 99.9% drop. The decline has been relentless, with the token currently trading at $0.6766, down 24.48% in the last 24 hours. The Relative Strength Index (RSI) is at 31.87, indicating that the token is oversold, yet the selling pressure continues to mount. The chart pattern is bearish, with the token breaking out of a falling wedge pattern and failing to show any signs of a reversal. The open interest on the PI token is low, indicating a lack of conviction among traders, and the selling pressure is overwhelming. Gate.IO is the exchange with the most traded tokens, accounting for 29% of all trades, but even this has failed to stem the decline. What Went Wrong? So, what went wrong with the PI coin? The answer lies in a combination of factors, including: 1. Overhyped expectations: The mainnet launch was overhyped, and the market was expecting a moonshot. When this failed to materialize, the price collapsed. 2. Lack of clear use case: The PI coin lacks a clear use case, and the project's whitepaper is vague. This has led to a situation where the coin's value is driven by speculation, rather than any underlying fundamental value. 3. Poor marketing: The project's marketing efforts have been poor, failing to generate significant interest among institutional investors and users. 4. Technical issues: The mainnet launch was plagued by technical issues, including slow transaction processing times and high fees. Conclusion The PI coin crash is a stark reminder of the risks involved in investing in cryptocurrency. The project's lack of clear use case, poor marketing, and technical issues have all contributed to the decline. While the token may experience a dead cat bounce, the long-term outlook remains bearish.
P
by DEXWireNews
1
Opinion: PI Network So this coin could do what LUNA did or UNI did, BTC has another leg up to 160k+ left during mania I wouldn't be shocked to soo it run to 10-70 dollar area. It has an interesting supply distribution similar to airdrop/faucet/mined coins; first come first serve just like it was with bitcoin, litecoin, and every other crypto currency (not tokens/pos/premine/etc...), the difference was this was free, all you had to do was press a button. It started in 2019 so about 6 years of supply distribution, and only KYC supply can be taken out. Most of the 100B supply isn't verified; so it'll be illiquid and you'll have about 70 million users with free coins with zero incentive to sell because it was free, that is also 70 million marketers. (lol) People saw what BTC did and what LTC did and KASPA, XRP, XLM and soo on. Valuations mean nothing when you have meme scams like TRUMP or TRUMPINU6900 or LUNC or DOGE etc... soo literally seeing 100B valuation due to illiquid and retard hodl mentality is within reach. Compare PI charts to UNI or KASPA or LUNC chart. It may actually behave more like XLM/XRP chart. This is a fresh coin at the beginning of it's price history. In this scam market, shapes of patterns will mimic/copy things of similar character.
by catscharts
2
Pi Network’s Open Mainnet Set to Launch 20th February, 2025The cryptocurrency world is abuzz with excitement as Pi Network, a decentralized ecosystem powered by its native cryptocurrency, Pi, prepares for its Open Mainnet launch on February 20, 2025. This long-anticipated transition marks a pivotal moment for the project, which has been in development for over six years. The announcement has already sent shockwaves through the market, with Pi surging by 200%, from $48.24 to $99.96, reflecting the immense optimism surrounding the project. Why Pi Network is Poised for Success Pi Network has built a robust community of over **19 million identity-verified Pioneers**, surpassing its initial KYC (Know Your Customer) goal of 15 million. This achievement underscores the project’s commitment to compliance and security, ensuring a trustworthy ecosystem for users. Additionally, over **10.14 million Pioneers** have successfully migrated to the Mainnet, exceeding the target of 10 million. This level of engagement is rare in the crypto space and highlights the strong belief in Pi’s vision. Utility-Driven Ecosystem Pi Network has already developed a thriving ecosystem with over 100 Mainnet or Mainnet-ready applications. These applications span various use cases, from decentralized finance (DeFi) to social networking, ensuring that Pi will have real-world utility upon launch. This utility-driven approach is critical for long-term adoption and sustainability, as it moves beyond speculative trading to actual use cases. Transition from Enclosed to Open Network Since December 2021, Pi Network has operated within an Enclosed Network, allowing Pioneers to complete KYC, migrate balances, and develop decentralized applications (dApps) in a secure, controlled environment. This phase has been instrumental in strengthening the network’s security, scalability, and utility. With the transition to an Open Network, Pi holders will finally be able to engage in transactions beyond the enclosed ecosystem, unlocking greater adoption potential. No More Delays: A Firm Commitment Despite past delays, including an extension of the KYC and migration deadline to February 28, 2025, the Pi Core Team has made it clear that there will be **no further pushbacks**. The February 20 launch is set to proceed as planned, instilling confidence in the community and investors alike. Technical Analysis The announcement of the Open Mainnet launch triggered a 200% surge in the price of Pi , jumping from $48.24 to $99.96. Although the price has since retraced to around $90.31, the asset remains in a strong position, with a 27.83% increase in the last 24 hours and a trading volume spike of 108%. This surge reflects the market’s optimism and anticipation of the upcoming launch. The technical outlook for NASDAQ:PI is highly promising. The chart pattern shows a falling wedge, a bullish reversal pattern that often precedes a significant upward movement. Additionally, the Relative Strength Index (RSI) stands at 61, indicating that Pi is still holding onto its bullish momentum despite recent fluctuations. The asset is also trading above key moving averages, further supporting the bullish case. With a total supply of 68 million PI, Pi Network is positioned for scarcity-driven growth. The limited supply, combined with increasing demand, could fuel a sustained bullish trend. The fact that Pi has held the **$40 resistance level** for months before the recent surge demonstrates strong support and investor confidence. The Road Ahead: What to Expect The transition to an Open Network is a monumental step for Pi Network, enabling seamless participation in Pi-based applications and transactions. This move will likely attract new users, developers, and investors, further solidifying Pi’s position in the cryptocurrency landscape. The completion of technical, product, business, and legal requirements ensures that the network is fully prepared for this transition. For investors and enthusiasts, the upcoming launch represents a unique opportunity to be part of a project with **real-world utility, a massive user base, and strong fundamentals**. The recent price surge is just the beginning, as the Open Mainnet launch could catalyze even greater adoption and value appreciation. Conclusion Pi Network’s journey from an Enclosed Network to an Open Network is a testament to its resilience, innovation, and community-driven approach. With over 19 million Pioneers, a utility-driven ecosystem, and a clear roadmap, Pi Network is well-positioned to become a major player in the decentralized space. As the countdown to February 20, 2025, begins, all eyes are on Pi Network. Whether you’re a long-time Pioneer or a new investor, the Open Mainnet launch marks the dawn of a new era—one that promises to redefine the future of decentralized ecosystems.
PLong
by DEXWireNews
4