Pi Network Price Today 6/4/2025
The price of Pi on the OKX exchange on June 4, 2025 is fluctuating around the price range from 0.6417 USD to 0.6555 USD (equivalent to 16,720 VND to 17,080 VND). Thus, at the time of writing, the price of Pi on the OKX exchange increased by 0.7% compared to yesterday, reaching 17,010 VND.
Pi Network is currently facing a difficult period. The price of this coin fluctuates between 0.64 - 0.65 USD, down sharply from the peak of nearly 3 USD in February 2025. Investor sentiment remains quite negative due to many unfavorable technical factors, increasing selling pressure on exchanges, and especially the lack of transparency from the core development team.
Although Pi has been listed on several exchanges such as MEXC, it has yet to break above $1. The current trading price is only around $0.6421. Many analysts warn that if the $0.60 - $0.62 support zone is not held, Pi could continue to fall to $0.40.
Thanks to investors waiting for a big push to the market
Dr. Altcoin, a cryptocurrency analyst, believes that Pi's price cannot increase sustainably unless the development team improves transparency and has a clear direction for the future. Although the Pi user community is growing, the lack of information from the core team is reducing investor confidence.
Current technical indicators are also not showing positive signals. Indicators such as MACD and RSI show that selling pressure is still dominant, while increasing trading volume shows that many investors are looking to take profits or exit their positions.
However, some investors are still optimistic about the long-term value of Pi Network. The development team recently announced a $100 million venture capital fund to fund Pi application projects in the fields of financial technology, artificial intelligence, and gaming. Linda Tran, a market analyst, believes that if practical application projects are successfully deployed, Pi could recover to a price of $1 - $1.15. However, she emphasized that actions must match words, and building strong partnerships and practical application products is essential to driving the price.
Pi Network Price Trend Forecast in the Future
In the short term, the key resistance levels that analysts are watching are $0.7380 - $0.78 and further up $0.85 - $1. If these levels cannot be overcome, Pi's recovery will be difficult.
Currently, Pi's closest support level is $0.60. If it fails to hold, the risk of a further drop to $0.40 is clear, as Dr. Altcoin warns. This would represent a drop of nearly 40% from the current price.
On the contrary, if the development team makes more transparent moves and clearly updates the roadmap and practical application projects, the cash flow can return and help Pi price gradually recover. In short, community trust is the deciding factor in the upcoming direction of Pi Network. Without improvement from the development team, the risk of price decline is still very high.
Source: https://baoquangnam.vn/gia-pi-network-hom-nay-4-6-2025-cho-doi-cu-hich-lon-toi-thi-truong-3156044.html
Comment (0)