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Pi network Pi to become volatile in a monthly decrease of 50%: analyst

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    • PI has lost almost 50% in a month and is now negotiated about $ 0.61.
    • The analyst, Dr. Altcoin, warns against the possible washing trading via micro-wear linked to Banxa.
    • Recent ventilation of PI prices by an increase in the corner model indicates a drop from $ 0.44 to $ 0.45.

    Native token of the PI network

    Pi
    $ 0.65



    24h volatility:
    4.8%


    COURTIC CAPESSION:
    $ 4.48 B



    Flight. 24 hours:
    $ 147.01

    Currently negotiated nearly $ 0.61, having lost almost 50% of its value in the last month. The token is down 80% compared to its annual heights, with panels pointing to a deeper potential collapse.

    This occurs while the pseudonym analyst of cryptography, Dr. Altcoin, recently said that the trading of Crypto Banxa allows the creation of several accounts, each charged with 0.98 ft – a perverse uniform balance.


    It warns that this could be the start of washing trading or coordinated spill programs, which are both artificially manipulation methods of price trends. In particular, these micro-portfolios are probably used to dodge the detection rules by remaining under the key thresholds.

    Meanwhile, banish wallets accumulate Pi, which withdraws 6 million chips from exchanges in just 48 hours. This generally signals long-term confidence in cryptocurrency, but in this case, many believe that this purchasing frenzy could be part of a potential pump and discharge scheme.

    This occurs as a recent Dappradar report revealed despite a 66% decrease in annual sliding of the number of cryptographic prints compared to 2024, the intensity of each carpet traction increased.

    Pice Perspectives

    On the 4 -hour PI price table, the token recently broken down from an increasing corner, a classic downward inversion pattern. Traders can expect a drop from $ 0.44 to $ 0.45, or about 25% below current levels.

    Pireau Pi de Rising Wedge | Source: tradingView

    Meanwhile, RSI is around 37.8, suggesting weak momentum and potential of more inconvenience before entering the territory of occurrence.

    PI Tamceur of price 4 hours | Source: tradingView

    Bollinger bands also shrink, the price hugging the lower strip – often the sign of a pending escape. Travel above the intermediary band (average of 20 days) to $ 0.63 could cause a rally to resistance from $ 0.70 to $ 0.80.

    The unlocking of tokens during the PI also adds to the concerns of investors. Daily unlocks of 5 to 6 million tokens are planned throughout the month – a major pressure of the supply, especially if the demand is late. In particular, price ventilation of less than $ 0.56 could lead to REPESTE $ 0.50.

    Despite several lower signals, the popular crypto analyst Moon Jeff, thinks that Pi could go to $ 5. “If you have already sold, you run out of time to buy,” he said in a Recent article on x.

    following

    Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

    Cryptocurrency news, news

    PARTH DUBEY

    Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.

    Parth Dubey on LinkedIn

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    post url: https://altcoin.observer/pi-network-pi-to-become-volatile-in-a-monthly-decrease-of-50-analyst/

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