- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
After Plunging Below $1, Here is What’s Next for the Pi Network Price Rally!
By: cryptosheadlines|2025/05/16 00:15:05
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The crypto markets are consolidating! After a gigantic bull run, the Pi price has entered a corrective phase by plunging over 30%. The rise in the volatility and volume indicates a significant rise in the trading activity, reflecting an increase in their attention. The Pi Network just dropped the big deal announcement of $100M to help Pi ecosystem projects grow. This news does not appear to have sat well with many in the Pioneer community, who felt let down by the lack of real, working decentralized apps to back the project. This could be the reason the Pi price crashed after peaking at $1.50 earlier this week, wiping out nearly all of its recent gains and leaving many wondering what’s going on behind the scenes. The recent pump was driven by investors reacting optimistically to the ecosystem update. The price is currently compressing against the key resistance, and if it flips from the range, a fresh upswing could begin. The rejection followed after a couple of failed attempts to surpass the pivotal resistance between $1.21 and $1.28. The MACD also shows a drop in the buying volume with a huge possibility of a bearish crossover. However, the levels remain within the positive range, keeping up the hopes of a strong rebound. Considering the Ichimoku cloud, it appears that the token is expected to display massive price action as the conversion & base lines have converged with each other while the Ichimoku cloud remains bullish. Once the cloud undergoes a bullish crossover, the bullish divergence could be validated. Currently, the Pi price has entered the testing zone, and hence it may move between $0.06 and $1 for the next couple of days. The recent announcement of $100 million in funds suggests the upcoming announcements will be about innovative projects joining the network. This could further bolster bullish sentiments for the various projects and development of the Pi ecosystem. Share this crypto insight with your network! Source link
You may also like
Reduced to a hacker's ATM yet standing tall, the theft of Venus reflects the awkwardness of DeFi
After experiencing over $100 million in bad debts in at least four incidents, Venus remains the leading player in the lending sector on the BNB Chain, making it a rare "survivor" in the crypto space.
Under geopolitical conflicts, a policy window has opened. Can Hong Kong seize this wave of RWA opportunities?
The RWA wave sweeps the globe: the scale of on-chain real assets surged fourfold in one year, exceeding 25 billion USD. Hong Kong, backed by the mainland's "going out" policy window, is accelerating the tokenization process of physical assets from entertainment to real estate.
For Web3, this time Cai Wensheng is determined to get his hands dirty
This industry has experienced too many undignified endings; a bull market and a recovery cannot solve the problem. In the end, it will rely on projects that truly succeed and ecosystems that are genuinely established to win a dignified victory for the crypto OGs.
Ethereum Foundation Sets Up a "Dead Man's Switch," Will the Community Buy It?
The Ethereum Foundation's Manifesto Has Torn the Community Apart: Punk Idealism or Disconnect from Reality?
ConversationArthur Hayes: AI Will Spark Financial Crisis, Wait for Central Bank Money Printing Before Buying Bitcoin
「War Means Printing Money, and Printing Money is Good for Bitcoin」
From Power to Chip: How the Average Person Can Participate in the Wealth Opportunities of the AI Era
Everyone is talking about AI applications, but the real money-maker is the person selling the "shovel."
Venus Exploit Post-Mortem: How to Profit in a Flash Loan Window?
Due to Venus's own vulnerability, someone was able to borrow real money using "fake money."
Oil Price Surges, Inflation Rekindled: Will the Fed's Next Move Be a Rate Hike?
Affected by geopolitical conflicts and surging oil prices, renewed inflation concerns have arisen. Currently, the derivatives market is pricing in a 25% probability of a rate hike this year.
The Rise of Crypto Passive Income: How Auto Earn Unlocks the Hidden Value of Idle Crypto
Discover how Auto Earn helps investors turn idle crypto into crypto passive income. Learn why Auto Earn is becoming a popular strategy in the evolving Web3 economy.
Tron Industry Weekly Report: Risk aversion intensifies but Strategy increases BTC holdings, detailed explanation of the Agent payment protocol PAN Network based on x402 and ERC-8004
TRON Industry Weekly Report
March 16 Key Market Intel - A Must-See! | Alpha Morning Report
1. Top News: Crypto Market Initiates Morning Rebound, Bitcoin Surges Past $73K, Ethereum Surpasses $2200
2. Token Unlock: $ARB
Google's biggest acquisition ever, why Wiz?
Cloud War, Extremely Costly.
「1011 Insider Whale」 Agent Garrett Jin: After the Houthi blockade, who will run out of steam first?
Vulnerability Assessment of the Seven Kingdoms.
Vitalik Revisits Ethereum Beacon Chain Architecture, Claude's Off-Peak Transaction Limit Doubled, What Are English-Speaking Communities Discussing Today?
In the past 24 hours, what was the most concerning issue for foreigners?
$90 Million Black Hole: War, Power, and the Crypto-Tragedy of the Middle East
$90 Million Burned, Not Stolen, in Apparent On-Chain Political Cleanup Action.
The price difference exceeds 50%, and the pre-market arbitrage market for cryptocurrency stocks will become a new business in the crypto bear market
In a bear market, what to Buidl? Besides having a counter-cyclical mindset, one must also find the "cracks" in existing services.
How to Trade Crude Oil: Market Volatility Creates New Opportunities for Crypto Traders
Oil prices are back in focus as geopolitical tensions and supply shifts reshape global markets. Learn how crude oil trading works and explore a $30,000 trading campaign on WEEX.
OpenClaw and AI Bots: From AI Trading to BTC Liquidations in the Crypto Gold Rush
AI crypto trading bots like OpenClaw and AI trading apps are reshaping digital markets. From BTC liquidations to crypto bubble charts, automated trading is expanding alongside free crypto airdrops, affiliate programs, LALIGA partnerships, and tokenized gold markets.
Reduced to a hacker's ATM yet standing tall, the theft of Venus reflects the awkwardness of DeFi
After experiencing over $100 million in bad debts in at least four incidents, Venus remains the leading player in the lending sector on the BNB Chain, making it a rare "survivor" in the crypto space.
Under geopolitical conflicts, a policy window has opened. Can Hong Kong seize this wave of RWA opportunities?
The RWA wave sweeps the globe: the scale of on-chain real assets surged fourfold in one year, exceeding 25 billion USD. Hong Kong, backed by the mainland's "going out" policy window, is accelerating the tokenization process of physical assets from entertainment to real estate.
For Web3, this time Cai Wensheng is determined to get his hands dirty
This industry has experienced too many undignified endings; a bull market and a recovery cannot solve the problem. In the end, it will rely on projects that truly succeed and ecosystems that are genuinely established to win a dignified victory for the crypto OGs.
Ethereum Foundation Sets Up a "Dead Man's Switch," Will the Community Buy It?
The Ethereum Foundation's Manifesto Has Torn the Community Apart: Punk Idealism or Disconnect from Reality?
ConversationArthur Hayes: AI Will Spark Financial Crisis, Wait for Central Bank Money Printing Before Buying Bitcoin
「War Means Printing Money, and Printing Money is Good for Bitcoin」
From Power to Chip: How the Average Person Can Participate in the Wealth Opportunities of the AI Era
Everyone is talking about AI applications, but the real money-maker is the person selling the "shovel."
App