Pi Network Price Today May 14, 2025: Can It Surpass $2?

Pi Network Price Today 5/14/2025

Pi price on OKX exchange on May 14, 2025 is fluctuating around the price from 0.9263 USD to 1.27 USD (equivalent to 24,050 VND to 33,080 VND. Thus, at the time of writing, Pi price on OKX exchange decreased by 12.6% compared to yesterday, reaching 28,850 VND

Pi Network (PI) is having a strong week, gaining 86% and currently trading around $1.09. The rally has helped the altcoin regain much of the ground it lost in March and April, as the price held above the important $1 support level.

The positive developments have attracted the attention of investors, raising hopes of a strong recovery in the coming time.

The general recovery of the cryptocurrency market, especially Bitcoin surpassing the $100,000 mark, is said to be one of the driving forces behind PI's rise.

In addition, rumors that the Pi Core Team will announce a major event on May 14, along with the possibility of the founder appearing at an international conference, further spread the FOMO mentality in the community.

This sentiment was further heightened when a large wallet suddenly withdrew 70 million PI from the exchange, causing many investors to fear missing out on the opportunity and rush to buy.

Pi Network Price Today May 14, 2025: Can It Surpass $2?

Is Pi Price Likely to Break $2 Before the Crucial Hour?

The news that Pi Network could be listed on Binance and the Consensus 2025 event taking place from May 14 to May 16 in Toronto are also factors that are believed to be driving Pi's price up rapidly in the past 24 hours.

However, the cryptocurrency market is notorious for its volatility, and there is currently no guarantee that the price of PI will surpass the $2 mark as expected by the community.

One notable factor is that Pi Network's RSI has crossed the 70 threshold, indicating that the coin is falling into the "overbought" zone. This is often a sign that the market is about to correct or take profits.

While some assets may remain in overbought territory without falling sharply, if selling pressure increases, PI could lose support at $1. In a bearish scenario, prices could retreat to lower levels such as $0.87 or even $0.78, invalidating the current bullish outlook.

Source: https://baonghean.vn/gia-pi-network-hom-nay-14-5-2025-co-the-vuot-moc-2-usd-hay-khong-10297217.html