{"id":8888,"date":"2025-06-10T10:29:40","date_gmt":"2025-06-10T09:29:40","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=8888"},"modified":"2025-06-10T10:29:41","modified_gmt":"2025-06-10T09:29:41","slug":"pi-network-pi-token-decline-recovery","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/pi-network-pi-token-decline-recovery\/","title":{"rendered":"Pi Network’s Decline Continues : Is There Still Hope for the PI Token ?"},"content":{"rendered":"\n
The Pi Network (PI) has experienced a 14% decline<\/strong> over the last 30 days. Its market capitalization has dropped below $5 billion<\/strong>, and the token has been trading below $1 since May 14. Despite some investors’ hopes, technical indicators<\/a> continue to show a persistent bearish trend<\/strong>. PI is struggling to break through key resistance levels<\/a>.<\/p>\n\n\n Analysis of the Ichimoku cloud shows that PI remains under strong bearish pressure<\/strong>, with the price still trading below the red cloud. Furthermore, the EMA lines indicate that the downtrend has not reversed yet, with short-term averages still below long-term ones.<\/p>\n\n\n\n Although the BBTrend indicator (Bollinger Bands) has recently stabilized at -2.21, a less extreme level than last week, it remains in the negative territory<\/strong>. This reflects a persistently weak momentum, with no clear signs of a bullish trend reversal<\/strong> at the moment.<\/p>\n\n\n Until PI can sustainably break out of the Ichimoku cloud and its BBTrend climbs back into the positive zone, caution is advised<\/strong>. A successful bullish breakout, supported by strong momentum, could, however, pave the way for a broader recovery. There is a potential upside of over 35%<\/strong>.<\/p>\n\n\n\n Although the PI network is currently facing a challenging period marked by a persistent downtrend, a hope for a rebound<\/strong> remains plausible in the short term. However, investors must remain vigilant and wait for a clear confirmation of the trend reversal before committing. The evolution of technical indicators will be crucial in the coming weeks to assess the prospects of a potential token recovery<\/strong>. If you are looking for a reliable exchange<\/a> to invest in Pi Network, we recommend Bitget. Here’s how to proceed :<\/p>\n\n\n\n
<\/figure>\n<\/div>\n\n\nPI Struggles to Hold Ground as Market Remains Skeptical<\/h2>\n\n\n\n
<\/figure>\n<\/div>\n\n\nAn Opportunity on Bitget ?<\/h2>\n\n\n\n