Pi Network Price Today 4/22/2025
Pi price on OKX exchange on April 23, 2025 is fluctuating around the price from 0.625 USD to 0.6443 USD (equivalent to 16,180 VND to 16,740 VND. Thus, at the time of writing, Pi price on OKX exchange increased by 0.6% compared to yesterday, reaching 16,640 VND
The PI/USD daily chart shows that the market sentiment is currently tilted to the negative side. The Balance of Power (BoP) indicator is currently negative, clearly reflecting the dominance of selling pressure. This shows that the majority of investors are inclined to distribute tokens rather than hold or buy more.
BoP is an indicator that compares the strength of buyers and sellers through closing prices over a period of time. When this indicator turns negative, it means that sellers are in control of the market, creating pressure that can easily push prices down.
Meanwhile, PI’s Chaikin Money Flow (CMF) indicator also paints a less than rosy picture. Currently, CMF is at -0.12, below the centerline. This is a sign that more money is being withdrawn from the asset than is being poured in, meaning that selling pressure is overwhelming buying pressure.
Why a new price increase is coming
Although Pi Coin’s current performance is not really outstanding, many experts still believe that a significant price increase may be coming. From technical analysis, the coin is accumulating around $0.60.
Beyond the price factor, observers say Pi Network is seeing positive signals from outside the market. The expansion of the ecosystem, along with the growing community and increasing practical applications of the platform, is further strengthening the long-term potential of Pi.
Additionally, data from PiScan shows that “whale” investors are withdrawing large amounts of Pi from exchanges. A decrease in supply on exchanges is often a sign of future price increases, as selling pressure is clearly reduced.
The final factor that is attracting attention is the upcoming appearance of Pi Network founder Dr. Nicolas Kokkalis at the world's largest cryptocurrency conference Consensus 2025. His participation in this event will not only help raise the image and reputation of the project, but can also attract new investors to Pi Coin.
Source: https://baonghean.vn/gia-pi-network-hom-nay-23-4-2025-ly-do-pi-sap-co-mot-dot-tang-gia-moi-10295709.html
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