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Pi Network Price Prediction: PI Coin Downtrend Eases, Eyes Bullish Breakout Above $1
The Pi Network price appears to be stabilizing after a period of significant decline, with analysts now considering the possibility of a bullish breakout above $1.
The Pi cryptocurrency, which has faced intense scrutiny over its transparency and exchange listings, has recently seen an improvement in sentiment, sparking renewed optimism among investors.
PI Network Market Sentiment Turns Positive
Pi Network Coin has been in a downward trend, largely due to selling pressure from newly unlocked tokens. However, with the unlock rate set to drop from 13 million PI per day to just 3.8 million, some analysts believe the Pi crypto price could soon rebound.
Pi Network Coin price rebounds from $0.95, forming a higher low on lower timeframes, indicating bullish momentum. Source: TradingView