Pi Coin Daily Price Analysis And Market Trends Report

Over the last 24 hours, Pi Network has posted a 5.3% price increase, giving bulls a brief win in an otherwise bearish environment. This short-term gain suggests some fresh buying interest from traders betting on a rebound. However, zooming out, the bigger picture remains weak. Over the past week, PI has dropped 7.7%, reflecting continued bearish pressure in the market. Bulls and bears remain locked in a tug-of-war, with price action fluctuating near key support and resistance levels. Momentum indicators show mixed signals, leaving traders cautious as they await confirmation of the next big move.

Pi Network Bulls Battle Resistance as Volatility Persists on June 23

On June 23, Pi Network opened with bullish momentum. An overbought RSI reading at 00:20 UTC pushed the price to the day’s high, finding resistance at $0.5243. Buyers showed early strength, but the rally lacked strong follow-through. As seen in the PI/USDT 5-minute chart-1, the price began fluctuating modestly. At 1:00 UTC, a MACD death cross signaled bearish sentiment and triggered a mild downward trend. Sellers gained some control as the price pulled back. By 4:15 UTC, a golden cross appeared on the MACD, hinting at a possible rebound. Bulls pushed, but market confidence remained shaky.

PI/USDT 5-Min Chart-1, analyzed by ShwetaCW, published on TradingView, June 24, 2025

At 8:00 UTC, the MACD flashed a death cross, indicating bearish control. Bears regained momentum. Shortly after, the RSI dipped below 30 at 9:00 UTC and 11:30 UTC, signaling oversold. This drove the price further down. Buyers attempted a comeback. At 13:30 UTC, a MACD golden cross signaled short-term bullish interest. But the push was short-lived. By 14:40 UTC, another death cross reversed the trend. At 16:30 UTC, the RSI again showed oversold readings, pulling the price down to $0.4935, the day’s support. At 17:05 UTC, bulls made another move as the MACD showed a golden cross. 

The price began rising. At 18:50 UTC and 20:20 UTC, the RSI climbed above 70, signaling overbought conditions. Surprisingly, this overbought momentum fueled further gains. The price hit resistance at $0.5274. Later, another golden cross appeared at 22:00 UTC, followed by more RSI overbought signals at 22:10 and 22:25 UTC. This triggered a breakout, pushing Pi to the day’s high at $0.5425, a new resistance zone. However, at 23:10 UTC, the MACD signaled a death cross, hinting at incoming selling pressure. With that, the price entered June 24th on a cautious note. 

Pi Network Price Wavers Between Support and Resistance on June 24

On June 24, Pi Network opened with bearish momentum, carried over from the prior day’s MACD death cross. Another death cross at 2:00 UTC reinforced the downward trend. By 4:10 UTC, the RSI dropped below 30, signaling an oversold condition, which dragged the price down to a support zone at $0.5243.

PI/USDT 5-Min Chart-2, analyzed by ShwetaCW, published on TradingView, June 24, 2025

As shown in the PI/USDT 5-minute chart-2, at 4:40 UTC, a MACD golden cross sparked a bullish reversal. Shortly after, at 5:30 UTC, the RSI rose above 70, indicating an overbought as bulls tried to regain control. Despite the push, market sentiment remains mixed. As of now, the Pi Network price is hovering around $0.53, stuck between cautious buyers and active sellers.

Pi Network Price Outlook

According to the Pi Network price analysis, bulls are eyeing a breakout above the $0.54 resistance. If successful, the price could push toward $0.56 and potentially higher. This signals short-term momentum. But if bearish pressure returns, the price might break below the $0.52 support, possibly revisiting the $0.49 zone, where prior buying interest had stepped in. Market sentiment remains cautious. Traders are closely monitoring MACD and RSI indicators for confirmation. Buyers and sellers are on edge, waiting for a clear breakout or breakdown. This price zone is critical and could set the tone for Pi’s next short-term move.