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08/03 16:32

Pi Network News: Price Hits New All-Time Low as Se

Pi Network News: Price Hits New All-Time Low as Selling Pressure Increases

Pi Coin has hit a new all-time low, falling to $0.34. The continued unlocking of new tokens every month has added to the pressure, making it difficult for the price to hold steady. While many altcoins saw gains last week, Pi Coin continues to lag behind.

One analyst has warned that Pi Coin could be facing a 40% crash if it fails to hold its current support. This prediction comes after the price broke below a key bearish triangle pattern, with the upper resistance previously near $0.74 and support around $0.44. Now that sellers have pushed the price below $0.44 Pi may fall further to around $0.26, setting a new all-time low.

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