• PI has dropped over 70% prior to now month, with bearish tendencies persevering with.
• Pi Community struggles with restricted change listings and liquidity points.
• A rebound to $1.22 – $1.50 is feasible if market situations enhance.
• Future developments like change listings will likely be essential for PI’s value motion.

The Pi Community’s native token, PI, has been struggling out there, with its value plummeting over 70% within the final 30 days. Regardless of forming strategic partnerships, just like the latest one with Telegram Crypto Pockets, the token has failed to realize vital momentum, and bearish technical indicators counsel that the downward development might persist.

Pi Community’s Progress Challenges

Whereas Pi Community has made strides in increasing its ecosystem, its token nonetheless faces vital development challenges. Probably the most urgent points is the shortage of main change listings, which has severely restricted liquidity and hampered PI’s development potential.

With out these listings, PI has been struggling to realize traction within the broader market. Moreover, Pi Community’s latest determination to unlock 1.6 billion tokens has elevated the full provide, additional including strain to its value.

If Pi Community can safe extra change listings and proceed to construct out its ecosystem, it might see the form of development that would result in a value surge sooner or later.

PI Token Faces Roadblocks however Might Surge to $1.50

Pi Community’s PI token is at the moment below heavy promoting strain, and technical evaluation factors to a continuation of this downward trajectory. For over twelve consecutive days, the token’s Bollinger Band Development (BBTrend) has been unfavourable, most just lately reaching -41 on March 21, signaling ongoing bearish sentiment.

Moreover, the token’s Relative Power Index (RSI) has remained under the impartial 50 stage, indicating that the market stays in a unfavourable state with restricted potential for quick restoration.

If this correction continues, PI may dip additional, doubtlessly reaching a low of $0.62. Regardless of these challenges, there are some glimmers of hope, because the token has proven indicators of modest restoration after reaching oversold situations.

The present value of PI is round $0.8039, with its all-time excessive reaching $2.99 in February 2025. Just lately, it hit a low of $0.6157, additionally in February 2025.

Within the brief time period, there may be potential for a modest rebound, with PI probably recovering to the $1.22 – $1.50 vary, offered that market situations enhance and liquidity points are resolved.

Waiting for Could 2025, if Pi Community can handle its present challenges, together with change listings and liquidity issues, there’s a chance for a major value surge.

Nonetheless, monitoring developments round Pi Community’s ecosystem updates, token unlocks, and change listings will likely be vital in figuring out whether or not the token can reclaim its former highs or proceed its decline.

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