{"id":32444,"date":"2025-06-18T11:31:46","date_gmt":"2025-06-18T11:31:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32444"},"modified":"2025-06-18T11:31:46","modified_gmt":"2025-06-18T11:31:46","slug":"pi-networks-price-at-a-crossroads-bullish-vs-bearish-pi-scenarios","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32444","title":{"rendered":"Pi Network\u2019s Price at a Crossroads: Bullish vs Bearish PI Scenarios"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\"><strong>TL;DR<\/strong><\/span><\/p>\n<ul>\n<li>PI\u2019s RSI nears oversold levels, suggesting that a price surge could be on the horizon.<\/li>\n<li>However, the sharp rise in tokens held on exchanges over the past month may signal incoming sell pressure and hamper the bullish move.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI_CB-22.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-400987\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI_CB-22.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI_CB-22.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI_CB-22-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI_CB-22-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI_CB-22-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI_CB-22-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<h2>Time for a Pump?<\/h2>\n<p><span data-preserver-spaces=\"true\">The most recent geopolitical conflict (the one between Israel and Iran) has put the brakes on the crypto market\u2019s ascent, which was booming in the past few weeks.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The native token of Pi Network is among the worst-affected altcoins, with its price <a href=\"https:\/\/cryptopotato.com\/pi-networks-price-plunged-by-35-in-minutes-whats-going-on-with-pi\/\" data-wpel-link=\"internal\">slipping<\/a> below $0.40 on June 13 (the lowest mark since early April). Since then, the asset has recovered some of the lost ground and currently trades at around $0.54 (per CoinGecko\u2019s data), or a 14% decline on a weekly scale.<br \/>\n<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">PI\u2019s Relative Strength Index (RSI) <\/span><span data-preserver-spaces=\"true\">shows<\/span><span data-preserver-spaces=\"true\"> that the token <\/span><span data-preserver-spaces=\"true\">might<\/span><span data-preserver-spaces=\"true\"> experience a further revival in the short term.<\/span><span data-preserver-spaces=\"true\"> The momentum indicator measures the speed and magnitude of recent price changes to identify whether a cryptocurrency is overbought or oversold. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It ranges from 0 to 100, and ratios <\/span><span data-preserver-spaces=\"true\">around 30 or<\/span><span data-preserver-spaces=\"true\"> below <\/span><span data-preserver-spaces=\"true\">that level<\/span><span data-preserver-spaces=\"true\"> hint at oversold conditions, which could be a precursor to a rally.<\/span><span data-preserver-spaces=\"true\"> Anything above 70 is considered bearish territory and might indicate that a pullback is incoming. According to TradingView, PI\u2019s current RSI stands at around 32.<\/span><\/p>\n<figure id=\"attachment_400985\" aria-describedby=\"caption-attachment-400985\" style=\"width: 9680px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-RSI.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-400985\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-RSI.png\" alt=\"PI RSI\" width=\"9680\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-RSI.png 847w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-RSI-300x12.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-RSI-768x32.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-RSI-50x2.png 50w\" sizes=\"auto, (max-width: 9680px) 100vw, 9680px\"><\/a><figcaption id=\"caption-attachment-400985\" class=\"wp-caption-text\">PI RSI, Source: TradingView<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\"><br \/>\nMeanwhile, the cryptocurrency remains the subject of optimistic price predictions. The X user MOON JEFF recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CRYPTOAD00\/status\/1934931671230316697\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> that anyone who sells PI at its ongoing rate \u201cmight be selling the floor.\u201d\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Bearish Scenario<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Conversely, the amount of PI held at crypto exchanges suggests that the bulls might have to suffer further setbacks in the near term. <\/span><span data-preserver-spaces=\"true\">Current data <\/span><span data-preserver-spaces=\"true\">shows<\/span><span data-preserver-spaces=\"true\"> that over 346 million tokens <\/span><span data-preserver-spaces=\"true\">are held<\/span><span data-preserver-spaces=\"true\"> on trading platforms<\/span><span data-preserver-spaces=\"true\"> \u2013 <\/span><span data-preserver-spaces=\"true\">roughly 82 million more than<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/piscanofficial\/status\/1922844092666409323\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\"> a month ago<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<figure id=\"attachment_400984\" aria-describedby=\"caption-attachment-400984\" style=\"width: 1080px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-on-Exchanges.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-400984\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-on-Exchanges.png\" alt=\"PI Stored on Exchanges\" width=\"1080\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-on-Exchanges.png 1358w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-on-Exchanges-300x111.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-on-Exchanges-1024x379.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-on-Exchanges-768x284.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/PI-on-Exchanges-50x19.png 50w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\"><\/a><figcaption id=\"caption-attachment-400984\" class=\"wp-caption-text\">PI Stored on Exchanges, Source: piscan.io<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The development suggests that a growing number of holders have moved their assets to centralized platforms, a move typically seen as a <\/span><span data-preserver-spaces=\"true\">pre-sale step<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> MOON JEFF noted the increased supply on exchanges, saying:<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The only consistent thing about <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> is the increasing number of coins in exchanges.<br \/>\nThe number now stands at 347.6 million <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> .<br \/>\nThe number has been increasing everyday.<\/p>\n<p>Hold your <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> coins <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/270a.png\" alt=\"\u270a\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/twitter.com\/hashtag\/PiNetwork?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#PiNetwork<\/a> <a href=\"https:\/\/t.co\/jgUyRLo0mS\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/jgUyRLo0mS<\/a><\/p>\n<p>\u2014 MOON JEFF (@CRYPTOAD00) <a href=\"https:\/\/twitter.com\/CRYPTOAD00\/status\/1934947424461812148?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">June 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pi-networks-price-at-a-crossroads-bullish-vs-bearish-pi-scenarios\/\" rel=\"nofollow\">Pi Network\u2019s Price at a Crossroads: Bullish vs Bearish PI Scenarios<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR PI\u2019s RSI nears oversold levels, suggesting that a price surge could be on the horizon. However, the sharp rise in tokens held on exchanges over the past month may signal incoming sell pressure and hamper the bullish move. Time for a Pump? The most recent geopolitical conflict (the one between Israel and Iran) has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32444","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32444"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32444\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}