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PI News: Pi Network Faces Price Struggle; Can It Regain $1.95 Resistance?
PI News: Pi Network Faces Price Struggle; Can It Regain $1.95 Resistance?
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
The mainnet launch of Pi Network sparked significant excitement, marking a 765.87% growth on the day of the launch and soaring nearly 2,692.85% in the subsequent week. However, the trend reversed, with the market experiencing a decline of almost 38.47% since February 27. In the past 24 hours, Pi’s price has risen by over 3.5%, raising questions about its ability to reclaim the $1.95 resistance level. This price fluctuation is primarily due to Pi Network’s decision to postpone the grace period of the Know Your Customer process for the third time.
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