It is a truth universally acknowledged, that a cryptocurrency in possession of a sharp correction, must be in want of a reversal. After tumbling with all the grace of a fainting debutante, Pi Network has found its bottom—at the rather unromantic sum of $0.67. One wonders, will it rise again, or is it destined to languish in the drawing room of disappointment?
PI Price Predictions to Watch This Week
Key Support levels: $0.67
Key Resistance levels: $0.88, $1
1. Price Is in Recovery
Following a most dramatic 65% descent from its recent high of $1.7 (one can only imagine the distress!), PI has rallied at $0.67, where buyers—perhaps emboldened by tea and optimism—have returned. The price, like a heroine regaining her composure, has ascended to $0.8 and may even flirt with the resistance at $0.88 before the ever-watchful sellers intervene. How scandalous!
2. Momentum Shifting Bullish Again
In recent days, PI has enjoyed a surge in buy pressure—one might say the suitors are lining up once more. The price has increased by over 20% since its unfortunate tumble, which is most encouraging. Yet, unless our bullish friends can conquer the formidable resistance at $0.88, this courtship may be short-lived. Should they succeed, however, PI may once again be seen promenading at the grand ball of $1.
3. Volume Crashed, but is Recovering
During the early May rally, buy volume soared with all the enthusiasm of a country dance, propelling PI to $1.7. Alas, such gaiety could not last; volume collapsed and PI found itself below $1—how mortifying! Yet hope springs eternal: buyers have returned, and volume has made a higher high. Still, more participants must join this lively assembly if recovery is to be sustained. Otherwise, PI may find itself sitting out the next dance.
In conclusion, dear reader, PI’s fortunes may yet turn—but as in all matters of society and speculation, only time will tell. 😏
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2025-05-21 11:55