Pi Network price prediction

After a steep drop in price and fading hype post-mainnet launch, Pi Network (PI) may be setting the stage for a strong comeback. The popular community-powered cryptocurrency has seen its price slump by over 60% since May, but new technical patterns and upcoming events suggest a possible reversal may be near. Pi Coin Stabilizes After Steep Drop Since hitting a high of $1.66 in May 2025, Pi Coin has fallen sharply, reaching as low as $0.53 as of June 21. Trading volume has also dropped drastically from over $3 billion to just $74 million, indicating cooling investor interest. This decline came after the much-anticipated Consensus event and the launch of Pi Network Ventures, a $100 million fund aimed at growing the ecosystem. However, despite the recent dip, not all signals are bearish. A Bullish Chart Pattern Forms Technical analysis on Pi Coin’s 8-hour chart shows the formation of a falling wedge pattern — a classic indicator that often precedes a bullish breakout. At the same time, volatility has decreased, with narrowing Donchian Channels and a weakening MACD. Historically, periods of low volatility can signal accumulation by investors, which often leads to an upward move. If the price breaks out of the wedge, analysts suggest a possible surge toward $1, representing a potential 85% rally from current levels. The bullish case remains valid unless Pi drops below the key support of $0.3940, which is this month’s low. Key Catalysts Ahead for Pi Coin Looking beyond charts, there are multiple upcoming events and developments that could boost Pi Coin’s price: Final Thoughts While risks remain — especially after such a sharp correction — the combination of a bullish wedge pattern, community-driven events, and potential macroeconomic tailwinds could help Pi Network regain momentum. If buyer interest returns, PI may once again challenge key resistance levels and work toward reclaiming the $1 mark.