Pi Network’s Token Eyes $1 Comeback—Here’s the Make-or-Break Zone
Pi’s native token is flirting with a critical psychological threshold—can it punch through or get knocked back down?
After months of sideways action, traders are watching two key levels: a stubborn resistance wall at $1 and the recent support floor around $0.75. Break either, and we’ve got fireworks.
Funny how these ’next-gen’ projects still live and die by the same old support/resistance playbook. Some things never change—even in crypto.
Pi Price Prediction: PI Risks a 7% Drop After Trend Line Break
The hourly price action shows that Pi broke below a descending triangle that had been forming since last Sunday.
The price made several lower highs consecutively and failed to stay above a key support at around $0.73. Today’s bearish momentum ended up breaking that threshold and pushed PI to its current 9-day low of $0.7170.
The Relative Strength Index (RSI) favors a bearish Pi price prediction as well as it has dropped to oversold levels. Although this is often interpreted as if the price action has gone too far too fast, it is also indicative of the trend’s strength.
An oversold RSI also implies that bears are in control of the price action and that momentum favors further declines in the NEAR term.
The key support level to watch if the price keeps dropping WOULD be the $0.6700 level, which translates into a 7% downside potential in the near term.
In contrast to Pi’s recent downtrend, the best crypto presales of this year like Solaxy (SOLX) have performed quite well as they have showcased a strong use case.
Solaxy (SOLX) Prepares to Wrap Up Its Successful Presale with More than $40M Raised
Solaxy (SOLX) is a layer-2 scaling protocol for the solana network that aims to solve the congestion issues that have affected this blockchain’s performance in the past.
The developing team has made significant progress in launching the solution and has already deployed a testnet, a bridge, and a block explorer that investors can use to check the L2’s performance in real time.
Analysts agree that the demand for $SOLX will explode once Solaxy is embraced by top wallets and exchanges.
With just 18 more days to go before the presale event ends, there is still a chance to buy $SOLX at its discounted price of $0.001738.
To buy $SOLX, head to the Solaxy website and connect your wallet (e.g. Best Wallet). You can either swap SOL or USDT for this token or use a bank card to invest.
