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Pi Network Price Outlook for Week Ahead: Another ATL or Significant Rebound

It was a painful week for many of the cryptocurrency market, however Pi Network’s native token discovered a technique to dig one other (truly a number of) gap.

In the span of simply 72 hours or so, the asset plummeted to quite a few consecutive all-time lows. The newest anti-record came on January 29 at $0.1589 (CoinGecko knowledge), which implies that PI has misplaced 94.5% of its worth since late February 2025, when it charted an all-time high at $2.99.

Given its spectacular demise and most up-to-date correction, we determined to ask Gemini about its tackle the week forward and whether or not there may be any hope left for PI token holders.

What’s Ahead for PI?

Before it indulged in answering what the long run holds for PI, the favored AI resolution weighed in on the potential causes behind its most up-to-date crash. It famous that it’s a mixture of things, not all associated to the general market weak point. As an instance, it stated some whales and long-term venture supporters have deserted ship after years of failed guarantees and lack of precise improvement.

“On-chain knowledge and quantity metrics counsel that the few “whales” (massive holders of the IOU pairs) have stopped defending the worth. Volume has dried up, leaving solely retail panic-sellers.”

On the precise query in hand, Gemini warned that one other decline to $0.12-$0.14 will not be solely out of the query. After all, PI has misplaced all assist ranges on its approach down, and there aren’t any precise protection zones left.

The Actual Warning

Gemini was fairly skeptical about PI’s future worth efficiency, at the very least within the subsequent week or so. It admitted that after such a profound worth correction, the token could be due for an immediate rebound to someplace round $0.18. However, that is more likely to be a “useless cat bounce” due to oversold RSI ranges.

A possible soar to these ranges would enable the bears to “aggressively brief” the asset, which is able to result in a right away and violent rejection that can “roll PI over to check $0.14 by the top of the week.”

“When an asset breaks an ATL, it sometimes drops one other 15-20% earlier than discovering a brief backside. There is zero quantity assist under $0.16.”

Consequently, Gemini warned traders who’re contemplating shopping for the dip to attend for a couple of days for the mud to settle, maybe to seek out assist at $0.16, earlier than investing.

The publish Pi Network Price Outlook for Week Ahead: Another ATL or Significant Rebound appeared first on CryptoPotato.

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