Pi Network (PI) Price Predictions for This Week
By: cryptopotato|2025/05/12 16:30:07
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Pi Network rallied hard in the past week. How high will it go?Key Support levels: $1.4, $1Key Resistance levels: $1.7, $21. Price ExplodesIn the past week or so, PI’s price has exploded and almost tripled. It went from $0.6 to almost $1.7. A pullback here is likely considering this huge rally in such a short amount of time. If buyers cannot break the resistance at $1.7, then PI may fall to the $1.4 support.Chart by TradingView2. Indicators are OverboughtThe daily RSI is placing PI at 88 points out of a maximum of 100. This puts Pi Network’s native token in the overbought area. If a correction indeed follows, then the support levels at $1.4 and $1 will be the most likely candidates to stop any future downfall.Chart by TradingView3. Buy Volume Goes ExponentialOne of the reasons PI managed such an impressive rally is that its buy volume went exponential within a few days. Bulls came in force, and such volume was not seen since the price bottomed in early April at $0.4.Sustaining such a rally over time is hard, therefore it is important to be cautious whenever the volume stops making higher highs.Chart by TradingViewThe post Pi Network (PI) Price Predictions for This Week appeared first on CryptoPotato.
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