Pi Coin Daily Price Analysis And Market Trends Report

Pi Network’s recent price action shows a tug-of-war between buyers and sellers. Over the last 24 hours, Pi Network’s price dipped by 2.08%, continuing the bearish pressure from previous days. Last week hasn’t been kind either, with a total decline of 9.45%. On May 23, sellers controlled most of the action, pushing the price down with multiple death crosses on the MACD signaling bearish momentum. Although buyers tried to fight back with occasional golden crosses and brief rallies, bears kept the upper hand. Right now, the price is hovering around key support levels, and the next moves will depend on whether bulls can regain control or if sellers will push the price lower.

Pi Network Price Analysis of May 22

The trading day of May 22 for Pi Coin started on a bearish note, with sellers keeping control from the previous day’s death cross. Early on, the price moved slightly downward as bears pushed hard. But the bulls didn’t give up easily. Around 02:50 UTC, a golden cross appeared on the MACD line, giving buyers a quick boost and pushing the price up a bit. This relief rally was short-lived, though. By 03:25 UTC, a death cross showed up again, and sellers regained control, dragging the price back down. 

PI/USDT 5-Min Chart- 1, analyzed by ShwetaCW, published on TradingView, May 23, 2025

As shown on the PI/USDT 5-minute chart-1, at 06:25 UTC, another golden cross appeared on the MACD, signaling a small upward move, but bears struck again with a death cross at 09:10 UTC, continuing the downward trend. Another death cross at 13:10 UTC, combined with an oversold RSI signal at 14:50 UTC, helped the price find support around $0.7975. Soon after, a golden cross at 14:45 UTC and another one at 16:35 UTC brought buyers back in control, pushing the price upward as it moved into May 23rd. Bulls and bears kept battling, keeping the market volatile throughout the day.

Pi Network Price Analysis of May 23

The trading day of May 23 started with sellers in control as a death cross appeared on the MACD line at 00:10 UTC, kicking off a downward trend. The price kept dropping, with another death cross showing up at 03:10 UTC, adding more fuel to the bears’ momentum. At 03:40 UTC, the RSI indicator showed an oversold condition, pushing the price down even more. 

PI/USDT 5-Min Chart- 2, analyzed by ShwetaCW, published on TradingView, May 23, 2025

But the bulls tried to fight back at 04:45 UTC when a golden cross appeared on the MACD line, signaling a possible upward move. Despite the ups and downs, the price is now hovering around $0.81. Buyers and sellers are clearly battling it out, with bears holding the early edge but bulls trying to take back control as the day moves forward.

Pi Network Price Outlook

According to the latest Pi Network price analysis, if the bulls keep pushing, the price could break the current resistance at $0.8686 and aim for $0.90 and above. Alternatively, if the bears take control, Pi Coin could break the support level at $0.7975 and drop toward $0.77 or even lower. Traders are closely watching these levels as they will determine whether the coin maintains its upward momentum or experiences further retracement. The next movements will largely depend on how Pi reacts to these critical price zones in the coming sessions.