Why Doubt Pi? Analyst Xia Informs That Pi Fluctuates At $0.6 After The Rise In April

Pi Coin is drawing attention again, and some analysts believe this momentum could eventually push it back to an important price level. After a steady increase in April, Pi Network is attracting new attention from both retail investors and cryptocurrency followers. Analyst Xia believes that the fundamentals are aligning, while others warn that important steps still need to be taken to avoid another sharp decline. The current debate is whether the latest move of Pi Price is the beginning of something larger or just another temporary price increase. Analysts' opinions and the main drivers behind the growth of Pi According to analyst Xia, the price performance of Pi shows signs of strong momentum. She points out the increase in trading activity during Pi Fest and the growing participation on the platform's user map as indicators that adoption is on the rise. Xia questions why traders continue to doubt Pi Coin despite the ecosystem's stable growth and the clear involvement of users. But the optimistic story is not without criticism. Dr. Altcoin, another well-known voice in the field, outlined some of the steps the project must take to sustain or grow on its growth momentum. He emphasized the need to list Pi Coin on more accessible exchanges and expand its reach into restricted areas. He also pointed out the importance of attracting institutional buyers, companies willing to accumulate large amounts of Pi to help offset supply pressures. Finally, he called on the core development team to communicate and update the product more robustly. He warned that any price increase could only last for a short time without clear progress and new use cases. The next phase will test whether Pi Network can maintain its momentum or stagnate. Let's take a look at the Pi price forecast to see what the price will be like in the short term. Price prediction of Pi on April 18, 2025 The PI/USDT 1-hour chart shows a sharp decline following a false breakout at $0.72, with the price currently consolidating in a tight range between the support level of $0.60 and the resistance level of $0.63. The market appears hesitant, forming a sideways channel that could resolve with a breakout or a breakdown, depending on changes in volume and momentum. The RSI is currently at 47.23, reflecting a neutral stance. Previous overbought conditions led to a strong sell-off, while the RSI dropping into the oversold region marks a temporary bottom, aligning with a support recovery.

Price action may continue to move sideways until the RSI rises above 60 or drops below 40. The MACD shows a flat trend with the lines converging just below the zero line. The previous death cross aligned with a strong downtrend, but currently, there is no clear bullish or bearish crossover. A break above $0.63 could open up room to retest $0.70, while a drop below $0.60 could push PI toward the next major support around $0.54. Traders should follow the breakout confirmation with volume. The motivation of Pi is real, but the risks are too. The increase in the level of interaction of Pi Network is hard to ignore, but the price action tells a more cautious story. Analysts are divided: some see a breakthrough forming; others warn of another stagnation. The fundamental factors are improving, but the momentum may still be limited until this token has wider access and clearer use cases. For the price of Pi to regain important price levels, it needs more than just hype. It needs infrastructure, transparency, and enforcement. The platform is already in place; now it's about whether Pi can be viable.

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GateUser-e9dab76avip
· 04-18 14:52
Steadfast HODL💎
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GateUser-dca0f4ddvip
· 04-18 12:42
Steadfast HODL💎
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