The Pi Network Coin price is facing one of its most critical turning points yet. After weeks of declining sentiment and mounting community frustration, the Pi cryptocurrency is hovering near a crucial support zone around $0.62—a level that could determine whether the digital asset plunges further or stages a meaningful recovery.
With the broader Pi Network market in flux, analysts and investors are now split on whether the asset will bottom out near current levels or continue sliding toward the $0.40 range.
Bearish Momentum Deepens Around Key Support
The PI Coin price dropped to as low as $0.604 over the weekend before recovering slightly to $0.6280. This decline has amplified concerns of a broader correction, especially as technical signals flash bearish across multiple timeframes. According to analyst Dr. Altcoin, “If the $0.6052 support fails to hold, Pi could face a dramatic 40% drop—bringing the price down to $0.40 by August.”
Pi Network’s price must hold the $0.60–$0.62 support zone and break above the bearish trendline resistance to signal a bullish trend reversal. Source: Bullcrypto_1235 on TradingView
Technical indicators support this cautious outlook. The MACD has shown a bearish crossover on the 4-hour chart, while the price remains constrained within a descending channel. The 50-period EMA, which previously acted as support, has now turned into a strong resistance at $0.7225. Unless bulls reclaim this area with conviction, downward momentum may persist.
Token Unlocks Add to Selling Pressure
Adding fuel to the fire is the upcoming release of 274.4 million Pi tokens in June—valued at around $169 million at current prices. These unlocks, as recorded on PiScan, are expected to increase selling pressure at a time when Pi crypto value is already under scrutiny.
Over 275 million Pi tokens will unlock in June, following a recent 7% price drop to $0.66 after 11.5 million tokens entered circulation on May 30. Source: Crypto Cloud via X
The Pi Foundation currently controls over 90 billion tokens spread across more than 2,000 wallets, intensifying worries around centralization. This structure has discouraged leading exchanges like Binance and Coinbase from listing Pi Network Coin, significantly limiting its market exposure and liquidity. As one community post bluntly stated, “Utility is the real power, not just the token.”
Sentiment Weakens Amid Transparency Issues
The Pi community’s trust in the project appears to be eroding, with growing frustration over the lack of transparency from founders Nicolas Kokkalis and Chengdiao Fan. Dr. Altcoin, once a vocal supporter, has turned critical: “No one wants to put money into something where the founders won’t be transparent.”
This sentiment has been echoed widely across crypto forums and social media platforms, where users are demanding updates on mainnet Pi development, real-world utility, and exchange integrations. Though the core team recently introduced a gaming-related ecosystem update, many in the community believe it falls short of what’s needed to restore confidence in the Pi cryptocurrency value.
Short-Term Reversal Still Possible
Despite the prevailing bearish outlook, a short-term bounce remains on the table—provided key technical conditions are met. Analysts are closely watching the $0.6052–$0.6280 support band. A confirmed bullish reversal pattern in this zone, such as a Hammer or Morning Star, paired with increasing volume and MACD convergence, could drive a quick recovery toward $0.6585 or even $0.7054.
Pi Network price could revive the bullish momentum if the price successfully breaks and holds above the $0.80 resistance. Source: Geatvic001 on TradingView
Momentum indicators show some early signs of stabilization. The RSI has rebounded from oversold territory to around 46 on the 30-minute chart, suggesting Pi crypto price has room to climb. The MACD histogram has also flipped green, indicating a potential shift in short-term sentiment.
Still, caution is warranted. The price remains below the 20, 50, and 100 EMAs, and the broader trend is downward. Only a sustained breakout above $0.7200—with volume confirmation—would signal a possible end to the current downtrend.
Year-End Outlook Remains Cautiously Optimistic
Looking further ahead, some analysts believe that Pi Coin could rebound later in 2025—particularly after the token unlocks decrease starting in August. According to CoinDCX projections, Pi Network price could begin a sustained uptrend in Q4, possibly reaching $2.75–$2.80 by December. However, that outcome hinges on improved utility, stronger fundamentals, and broader exchange support.
It’s also important to note that despite launching at $3 in February 2025, PI Coin’s value has shed more than 78% since then. Yet the token continues to attract attention due to its unique mobile-first Pi mining model and its massive user base exceeding 35 million.
Looking Forward: A Make-or-Break Month for Pi
June could be a defining moment for Pi Coin worth, as technical indicators, market structure, and community sentiment all converge near critical thresholds. If the token can hold the $0.60 support and initiate a breakout above $0.72, a recovery path may unfold. But failure to do so could see Pi Network trading at or near $0.40, shaking investor confidence even further.
Pi Network Coin was trading at around $0.65, down 0.52% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
As analyst Moon Jeff summed up on X, “$0.61 is the line in the sand. Break it, and we’re going back to $0.40.”
For now, the Pi Network news remains mixed—full of potential, but also rife with risk. Investors would be wise to wait for clear technical signals before making any big moves. Until the Pi mainnet launches and utility catches up with hype, volatility will likely remain the defining feature of Pi currency value.
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