Pi Network Faces Critical Test in June 2025 as Price Hovers Near $0.68

Pi Network’s cryptocurrency is currently trading around $0.68, having lost over 75% of its value since its February peak near $3. The token is now fluctuating within a tight range between $0.688 and $0.816, indicating heightened market uncertainty and a lack of bullish momentum.

Technical indicators suggest continued weakness. All major moving averages—including the 10-day, 20-day, 50-day, and 100-day EMAs and SMAs—remain above Pi’s current price. The RSI sits at a neutral 43.6, while both the MACD and Chande Momentum Oscillator point to ongoing downward pressure. Bollinger Bands are narrowing, signaling a potential breakout, though the overall trend remains bearish.

June is shaping up to be a pivotal month for Pi Network, with 263 million coins set to unlock—a development that could drive prices even lower. Additional unlocks in July and August may worsen the sell-off, especially as exchange inflows suggest increasing investor willingness to offload holdings.

Analysts caution that a breach of the $0.66 support level could lead to further declines toward $0.62 or even $0.59. Market watchers stress that greater transparency from Pi Network’s Core Team could help stabilize the situation, but without tangible progress, the downward trend is likely to continue through the summer.