Pi Network Issues Exposed: Pi Coin Price Plunges 20% in One Week Amidst Growing User Distrust!
Let’s explore trending news about Pi Network Issues and dive into the technical Analysis of the coin for this week.
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The Pi Network Issues have led to a decline in user trust, making it essential for the team to address these concerns. Users express strong opposition to Pi Network because of its opacity and because Pi Coin faces market depreciation. Numerous participants at the inaugural PiFest noted issues with the Pi Core Team maintaining adequate communication after the registration success that reached 125,000 sellers and attracted 1.8 million Map of Pi users. According to critics, the predictable monthly updates from the team lack sufficient quality to maintain user engagement, so they demand leadership practices that improve understanding of cryptocurrency markets and offer transparent strategies.
Pi Analysis: Delving into the Technicals Behind Pi Coin’s Price Movement
This month, Pi Network cut its base mining rate down by 1.18% until it reached 0.0029030 π per hour. As Pi Network continues its adjustments, users express worry over mining interest because Pi Coin maintains a low trading value on major exchanges despite this process taking place gradually. Discussion about Binance and Coinbase listings for Pi Coin has failed to result in launch, and this situation continues to hurt community spirits. The addition of Pi for spot trading on BTCC did not increase the price of Pi Coin. Pi Analysis experts believe that the cryptocurrency’s price will rebound once the Pi Core Team improves its communication and transparency.
The Pi Network Issues have sparked widespread criticism from users, who demand greater transparency and accountability, which is why the price of Pi Coin dropped by 20% during the last week, resulting in a value closer to $0.60 support zones. The overall trader interest declined significantly because daily trading volumes reached $148 million with a 52% reduction from earlier levels. According to technical analysis, Pi Coin shows a potential upside resistance between $0.75 and $0.78 after its price breaks through the current $0.71 falling wedge pattern. The coin’s price continues to go down unless the Pi Core Team demonstrates major positive advancements and improved communication methods.
Pi Coin Price Prediction: Expert Insights into the Cryptocurrency’s Future Value
The 5-minute timeframe of the Pi Network displays a firm downtrend because it generates successively lower highs and succeeding lows. The price has not managed to surpass the $0.7150 – $0.7200 resistance zone, which triggered additional price drops. The price maintains its downward trajectory because it consistently repels attempts to move upward based on a descending trendline pattern. For the time being, the support area at 0.6600 acts as a temporary buffer against ongoing selling activities. Mark 0.6500 as the next critical destination for support after a failure in the current lines. At present, the price shows signs of potentially rising towards the $0.7000 resistance if market participants choose to purchase it.
Analyzed by Triparna Baishnab, published on TradingView (April 2, 2025)
The Pi Coin Price Prediction remains a topic of debate among market analysts, with some predicting a significant price surge. The trading indicators support a negative market outlook. RSI indicators reached oversold points multiple times, indicating brief market rebounds in price values. The MACD crossover shows a powerful bearish trend because Death Crosses trigger bearish moves while Golden Crosses result in brief market recovery.
Market entry as a trader should only happen when bullish confirmation signals appear through RSI rebound past 40 or MACD Golden Cross events. A decrease below 0.6600 would create favorable conditions for traders to take short positions due to the potential for extended downwards price movement. Technical traders need to watch both support and resistance levels and key indicators to accurately track the present market movement.
What will be the impact of the Pi Network Issues on Pi Coin’s market value in 2025?
User dissatisfaction with Pi Network grows steadily because Pi Network hides information from users, and Pi Coin maintains its declining market value. Users continue to express dissatisfaction toward the communication methods used by the Pi Core Team since they cannot effectively maintain network-wide user participation despite holding a substantial number of users. The section retains negative sentiment from users because of decreased mining rewards and failed exchange integrations, combined with the price devaluation of Pi Coin.
Pi Coin steadily maintains a downtrend while its price continues battling against resistance levels at $0.71–$0.72. Temporary stability exists at $0.66, which might give way to additional financial losses if its price slips under $0.65. RSI and MACD indicators demonstrate negative market sentiment, while brief price rebounds become possible only when the market reaches oversold areas. Potential traders should wait for proof of bullish signals to execute buy positions because the market conditions continue to be unfavorable until the Pi Core Team improves their operations.
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