Pi Network Price Today 6/21/2025
Pi price on OKX exchange on June 21, 2025 is fluctuating around the price from 0.5245 USD to 0.5564 USD (equivalent to 13,700 VND to 14,540 VND. Thus, at the time of writing, Pi price on OKX exchange increased by 3.9% compared to yesterday, reaching 14,380 VND
Pi Network's RSI is currently at 35, signaling oversold conditions, raising expectations for a short-term recovery, similar to what happened in early April.
According to technical analysis, bullish pressure is starting to build. Momentum indicators are showing positive signals, with black dots appearing on the chart, which usually precedes a period of strong volatility, and the histogram showing more green bars, indicating that buying momentum is increasing.
Pi price is currently hovering around $0.55, close to the important resistance level of $0.57. If this level is broken and turned into support, the next target could be $0.61, further to $0.71 which would mark a clear recovery.
However, if the $0.51 support level fails to hold, Pi could reverse further, even falling back to $0.45 or retesting the $0.40 bottom especially if the overall crypto market continues to weaken.
Is Pi2Day strong enough to push Pi Coin price to 1 USD?
This year’s Pi2Day event is generating high expectations in the Pi Network community, with speculations about a Binance listing and the launch of a series of new applications. However, the huge amount of tokens unlocked in the coming time may continue to put pressure on Pi Coin price.
Taking place on June 28, Pi2Day is not only a celebration for the community but also expected to provide strategic information for the future of the Pi network. A survey on the X platform showed that more than 40% of participants believe that Pi will be listed on Binance, an event that could create a strong price boost.
In addition to the listing, Pi2Day is also expected to introduce new ecosystem applications, a key factor in helping Pi Coin increase its practical application and expand its user community.
However, the price rally could be hampered by supply pressure. In July alone, around 337 million PI tokens will be unlocked, bringing the total issuance in 2025 to nearly 1 billion tokens. With demand currently weak, the oversupply could push prices further down.
According to data from PiScan, the average amount of tokens issued per month is more than 132 million, and this trend will increase sharply in late 2025 and early 2026. This is the peak unlocking period in Pi Network's plan.
While many are optimistic that Pi2Day could bring Pi Coin's price back to the $1-3 mark, this outlook depends on the actual market reaction, the effectiveness of new features, and decisions from major exchanges like Binance.
In the short term, Pi price still faces downward pressure due to oversupply, but if Pi Network has a real breakthrough on June 28, the prospect of price increase is still open.
Source: https://baonghean.vn/gia-pi-network-hom-nay-21-6-2025-kha-nang-tang-gia-dang-gia-tang-10300056.html
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