Is Pi Network Gearing Up for a Comeback? Volume Surges 66% in 24 Hours
Bullish Pi Network price forecasts are gaining traction after a 66% trading volume surge drove a 6% daily uptick—marking a potential reversal point after weeks of sluggish performance.
As Trump’s 90-day “tariff war” pause revives risk-on sentiment, PI remains largely excluded from the “best crypto to buy” narrative, with market confidence still split.
The policy shift did open the door to fresh liquidity, but that momentum faded fast. A sharp rise to $0.66 quickly retraced to $0.57 in a likely sell-the-news event.
With no clear fundamentals or upcoming catalysts to defend PI as a front-running altcoin, the viability of a new uptrend is shaky.
PI Price Analysis: Is PI Network Ready for a Comeback?
The altcoin is approaching a potential breakout from the descending channel that has guided its six-week-long decline.
After two failed breakout attempts and a false breakdown last week, buying pressure has proven too weak to sustain a convincing break.
The Relative Strength Index (RSI) is slowly rising after hitting the oversold threshold at 30—a sign of seller exhaustion—currently holding under 40.
The descending channel suggests potential highs around $1, offering a 70% gain from current levels.
However, the balance remains fragile. Without a solid foundation, Pi Network remains susceptible to further declines.
The broader Pi ecosystem continues to struggle with adoption. Its price action remains largely speculative, lacking a meaningful use case to sustain long-term growth.
Despite 86% approval in a recent community vote, Binance continues to withhold a listing—underscoring the lack of confidence in PI’s long-term viability.
A decline from current levels would put the $0.40 support at risk and open the door to all-time lows around the pattern lower support—a 40% drop from where it trades now.
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