Is Pi Network Crash Imminent With This Bearish Pi Coin Indicator?
Pi Network price PI $0.68 24h volatility: 3.4% Market cap: $4.93 B Vol. 24h: $190.29 M has been under pressure in recent weeks, correcting another 5% today and slipping all the way to $0.67 levels.
As the broader market sentiment turns bearish amid US-China Trump tariff war, the native cryptocurrency Pi Coin is likely to see further bearish downturn.
On-Chain Metrics Show Pi Network Selling Pressure Is Growing
As per the Chaikin Money Flow (CMF) indicator, the Pi Network is seeing rising outflows. The CMF has dipped slightly below the zero line, noting that sellers are having the upper hand over buyers. Thus, the overall market sentiment around Pi coin is turning bearish.
The increasing dominance of outflows over inflows highlights growing hesitation and waning confidence in Pi cryptocurrency’s near-term prospects.
Pi Network CMF – Source: TradingView
Similarly, another on-chain indicator, the Squeeze Momentum Indicator, shows that Pi is experiencing an active squeeze. In the image below, the black dots on the chart indicate periods of low volatility, often followed by sharp price movements signaled by blue dots. The current squeeze appears to be building bearish momentum.
Pi Network Squeeze Momentum Indicator – Source: TradingView
Amid the existing negative momentum, the impending volatility is likely to drive a swift Pi Coin decline. This technical pattern generally signals substantial downward movements, further supporting the bearish outlook for Pi Network.
Pi Coin Price Can Tank to $0.4
Renowned crypto analyst Dr. Altcoin has forecasted further price declines for Pi Network, suggesting the downward trend may persist until late August before a potential recovery.
“The price of Pi will likely continue to decline until the end of August, after which it may slowly start to recover,” Dr. Altcoin stated, reiterating his earlier prediction of a potential drop to $0.40. He emphasized the critical role of transparency, noting, “No investor wants to put money into something where the founders refuse to be transparent.”
The price of Pi will likely continue to decline until the end of August, after which it may slowly start to recover. I previously predicted it could drop to $0.40—unless the Pi Core Team becomes transparent. No investor wants to put money into something where the founders refuse… pic.twitter.com/KEvAwOyhX9
— Dr Altcoin (@Dr_Picoin) May 28, 2025
The post Is Pi Network Crash Imminent With This Bearish Pi Coin Indicator? appeared first on Coinspeaker.
Читать больше
Pi Coin Records Over 11% Weekly Drop Amidst Community Suspicions, What’s Ahead for PI?
Pi Network Search Interest Declines Amid Waning Market Momentum — What’s Next for Pi Coin?
Is Pi Network Crash Imminent With This Bearish Pi Coin Indicator?
Pi Network price PI $0.68 24h volatility: 3.4% Market cap: $4.93 B Vol. 24h: $190.29 M has been under pressure in recent weeks, correcting another 5% today and slipping all the way to $0.67 levels.
As the broader market sentiment turns bearish amid US-China Trump tariff war, the native cryptocurrency Pi Coin is likely to see further bearish downturn.
On-Chain Metrics Show Pi Network Selling Pressure Is Growing
As per the Chaikin Money Flow (CMF) indicator, the Pi Network is seeing rising outflows. The CMF has dipped slightly below the zero line, noting that sellers are having the upper hand over buyers. Thus, the overall market sentiment around Pi coin is turning bearish.
The increasing dominance of outflows over inflows highlights growing hesitation and waning confidence in Pi cryptocurrency’s near-term prospects.
Pi Network CMF – Source: TradingView
Similarly, another on-chain indicator, the Squeeze Momentum Indicator, shows that Pi is experiencing an active squeeze. In the image below, the black dots on the chart indicate periods of low volatility, often followed by sharp price movements signaled by blue dots. The current squeeze appears to be building bearish momentum.
Pi Network Squeeze Momentum Indicator – Source: TradingView
Amid the existing negative momentum, the impending volatility is likely to drive a swift Pi Coin decline. This technical pattern generally signals substantial downward movements, further supporting the bearish outlook for Pi Network.
Pi Coin Price Can Tank to $0.4
Renowned crypto analyst Dr. Altcoin has forecasted further price declines for Pi Network, suggesting the downward trend may persist until late August before a potential recovery.
“The price of Pi will likely continue to decline until the end of August, after which it may slowly start to recover,” Dr. Altcoin stated, reiterating his earlier prediction of a potential drop to $0.40. He emphasized the critical role of transparency, noting, “No investor wants to put money into something where the founders refuse to be transparent.”
The price of Pi will likely continue to decline until the end of August, after which it may slowly start to recover. I previously predicted it could drop to $0.40—unless the Pi Core Team becomes transparent. No investor wants to put money into something where the founders refuse… pic.twitter.com/KEvAwOyhX9
— Dr Altcoin (@Dr_Picoin) May 28, 2025
The post Is Pi Network Crash Imminent With This Bearish Pi Coin Indicator? appeared first on Coinspeaker.
Читать больше
Pi Coin Records Over 11% Weekly Drop Amidst Community Suspicions, What’s Ahead for PI?