Pi Network Price Analysis: Can PI Withstand 9M Daily Token Unlocks Amid Volatility?

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-15 08:07:16

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

Pi Network’s price volatility remains a hot topic as the token oscillates between bullish technical patterns and bearish market forces. Currently priced at $0.84 following a 28% drop, Pi had briefly rallied to $1.56 earlier this week before retreating.

Technical indicators reveal underlying strength despite the pullback. The asset has broken through both its 50-day moving average and Bollinger Bands upper limit - classic signals of potential upward movement. This comes after PI recorded an impressive 151% weekly gain on CoinGecko before correcting.

The crypto community is split as Pi Network approaches a 275 million token unlock. This scheduled release raises concerns about market absorption capacity, especially with approximately 9 million tokens becoming liquid daily.

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