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    Pi Network ($PI) Drops by 8.89% Past 24 Hours, Eyeing Key Resistance for Rebound

    Yeek.ioBy Yeek.ioMarch 17, 2025No Comments2 Mins Read
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    Pi Network ($PI) has been facing headwinds over the recent 24 hours with minor upturns. The crypto asset is currently going through a gradual dip in terms of price.  $PI’s overall bearish momentum is opposite to the significant surge that it witnessed yesterday to reach $1.56. Since that point, it has been continuously dropping with the present price level accounting for an 8.76% dip. However, this appears to be a provisional setback amid $PI’s endeavors to rise in value.

    Pi Network ($PI) Price Value

    At this time, on March 17th, 2025, the price of Pi ($PI) stands at $1.36. This price level indicates a staggering slump of 8.89% over the past twenty-four hours.

    Statistical Analysis of Pi Network ($PI)

    The statistical data of $PI is the following:

    • Market Cap: the current market capitalization of $PI is $9,447,705,542.79
    • Volume: The 24-hour volume of $PI stands at $368,667,644.68
    • Supply: $PI’s circulating and total supply account for 6,930,777,107.46 PI and 100,000,000,000 PI respectively.

    $PI Price Analysis:

    24 hours back, $PI was changing hands at $1.49. Nonetheless, a sheer dip pushed its price to $1.44. Subsequently, following a brief sustenance, $PI plunged to $1.37. Since that time the crypto asset has been moving around the same price level with its present price displaying the $1.36 mark. Based on the continuous slump, $PI has the probability to see further price dips in short term.

    Source: coinmarketcap.com

    During the past 24 hours, Pi’s price has decreased by 8.89%. Thus, the overwhelming price resistance is hindering its upward movement.

    Support and Resistance Levels of Pi Network

    At the time of writing, $1.49 appears to be $PI’s immediate price resistance. Following breaking through this level, $PI could face resistance at $1.79 and $2.98 respectively.

    Contrarily, the immediate support level for $PI is $1.35. Apart from that, $1.24 and $0.62 serve as the 2nd and 3rd support levels for $PI.

    $PI Price Prediction

    In line with the decline of 8.89% during the recent 24 hours, Pi Network ($PI) is experiencing bearish momentum. Thus, in order to ensure an upturn, $PI’s price needs to surpass the aforementioned key resistance levels. Moving above this point could boost investor sentiment and lead to a further upward trajectory. A potential upsurge in $PI’s price could result in a 229.35% jump, placing it at $4.64 over the upcoming 30 days.

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