Pi Network Price Today 4/2/2025: About to Hit a Record Low

Pi Network Price Today 4/2/2025

Pi price on OKX exchange on April 2, 2025 is fluctuating around the price from 0.6961 USD to 0.7526 USD (equivalent to 17,840 VND to 19,250 VND. Thus, at the time of writing, Pi price on OKX exchange decreased by 0.5% compared to yesterday, reaching 18,000 VND

Pi Network is currently struggling in the market as the price of this coin continues to fall. Although there was a certain optimism, increasing skepticism from investors is contributing to the price falling further. This has many people worried that Pi may be about to hit a new record low.

Pi is currently trading around $0.70, just above its all-time low (ATL) of $0.62. Over the past 24 hours, the price has dropped by nearly 13% after failing to hold a key support level at $0.87. The continued loss of support zones suggests that confidence in the coin is waning.

If the downtrend continues, Pi could slide below $0.62 and head towards the $0.50 price zone. With negative sentiment prevailing, the risk of a new bottom is entirely possible. This would further damage existing investors.

However, there is still hope if there is new money flowing into the market. If Pi price can bounce back above $0.87 and even surpass $1.00, it could attract renewed interest and mark the beginning of a recovery. Re-touching higher resistance levels would be a positive signal for a trend reversal.

Pi Network Price Today 4/2/2025: About to Hit a Record Low

Is there a chance for Pi price to increase again?

Technically, the Relative Strength Index (RSI) – an indicator that measures buying and selling pressure – has improved slightly, rising from an oversold level of 23.8 to 40.45. However, the RSI has not yet broken above the neutral level of 50, indicating that buying pressure is still weak and the market is still skeptical.

Pi is currently testing support at $0.718. If it fails to hold, $0.62 will be the next area of defense. But if selling pressure continues to increase, the possibility of a drop to lower levels remains.

In case of a positive development, the first important resistance level is $1.05. If this level is broken, Pi can continue to rise to $1.23, even $1.79 if there is strong buying pressure.

However, the market has not shown any clear signs of a strong recovery yet. Unless there is a big enough factor to change investor sentiment, Pi Network may continue its gloomy days. With the current situation, Pi's story is falling into a quiet loop and waiting for a new turning point to escape the decline.

Source: https://baonghean.vn/gia-pi-network-hom-nay-2-4-2025-sap-cham-muc-thap-ky-luc-10294246.html