Prediction of the price of the pi curren

Pi Coin of Pi Network has experienced a drastic drop of 10% in the price in the last 24 hours, although Pi Network announced an investment of USD 100 million in new companies by launching Pi Network Ventures.

Initially, the advertisement He woke up optimism among investors, but the market quickly became bassist.

Consequently, PI is quoted now at $ 0.803, below a recent maximum of $ 1.65.

This sharp fall suggests a classic reaction of “selling the news”, with technical indicators that point to new downward risks.

PI NETWORK VENTURES

On May 14, Pi Network announced Pi Network Ventures, compromising $ 100 million to promote startup innovation.

Specifically, the fund, which remains on PI and USD, is aimed at companies that improve the usefulness of PI in the real world.

For example, support startups in AI, Fintech and Electronic Commerce, integrating PI in their operations.

In addition, the initiative is based on 10% of the tokens reserves of the PI Foundation.

As a result, its objective is to transform PI into a widely used cryptocurrency.

However, the lack of details about the selection of projects has frustrated investors. Consequently, the feeling of the market was fought after the announcement.

In addition, the background approach extends beyond blockchain to the general technological sectors.

Therefore, it reflects Silicon Valley’s risk capital strategies.

Ultimately, this wide approach seeks to strengthen the Pi ecosystem for its 19 million users verified by KYC.

But despite these ambitions, the announcement failed to maintain the bullish impulse.

Instead, the PI price collapsed 26.2% at 24 hours from the news.

In addition, the complaints of the community about the slowness of the migration processes after the launch of the main network of Pi Network amplified the sales pressure.

However, the initiative offers startups access to the global PI users base in 200+ countries, and could boost long -term adoption, although the immediate reaction of the market remains overwhelmingly bassist.

Predicion of the price of Pi Coin

At the close of this edition, Pi quoted at $ 0.803, 10.6% less in the last 24 hours, according to Coingcko data.

Significantly, the price has exceeded the critical level of psychological support of 1 dollar.

In addition, the technical analysis reveals a bearish flag pattern in the 2 -hour graph.

Consequently, this employer indicates possible new decreases up to $ 0.75 or even 0.57 dollars.

In addition, the EMA of 21 periods has crossed below the EMAS of 50 days and 200 periods, reinforcing the bassist signals.

However, the relative force index (RSI) indicates overall conditions, which suggests intense sales pressure.

However, a market bull reversal could push PI to USD 1.25, aligning with the 0.618 Fibonacci level.

Despite the recent losses, PI has remained 11.8% above where I was seven days ago, despite being 73.1% below its historical maximum of 2.99 dollars in February 2025.

In addition, the volume of operations has increased by 11%, comprising 14% of the USD market capitalization 5.75 billion.

This greater activity underlines the market reaction to the announcement of Ventures and, in the face of the future, the fact that the PI currency does not recover 1 dollar could intensify the bearish impulse.

On the contrary, a broader rebound in the cryptocurrency market could boost the recovery of PI, and traders should monitor the EMA of 50 and 200 days as key resistance levels.

Ultimately, the short -term perspectives of Pi depend on the feeling of the market and the evolution of the ecosystem.