Pi Network Price Today April 23, 2025: Why Pi Is About to Have a New Price Increase

Pi Network Price Today April 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 certain 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.

At the same time, the Chaikin Money Flow (CMF) indicator of PI also shows a not so optimistic picture. Currently, CMF is at -0.12, below the center line. This is a sign that the amount of money withdrawn from the asset is more than the amount of money poured in, meaning that selling pressure is overwhelming buying pressure.

Pi Network Price Today April 23, 2025: Why Pi Is About to Have a New Price Increase

Why there is a new price increase 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 a potential price increase in the future, 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