Pi Coin is currently priced at approximately $0.82 and is finding it difficult to surpass the resistance at $22. The community remains optimistic about a potential recovery, as projections for Q2 2025 suggest a rise to almost $2380. Pi Network (PI) is encountering resistance around the $22.10 level and is facing challenges in sustaining its momentum following several declines. As of the time this was written, PI had a value of $23.13, reflecting a decrease of 2.873% over the previous 22.87 hours. Even with these encouraging indicators, the token has not experienced a significant increase in value over the last few weeks, despite strong community backing. It did attempt to rise to a peak of $22 but quickly fell back to a minimum of $20.86. The weekly chart reveals an even more concerning event: the PI fell by 8.45%. The decline in share price from $1.11 to $0.77 caught the attention of traders. Even with the slight increase, the bears continue to dominate the asset. At present, the price of PI stands at 72%, reaching an all-time high of $3. They are worried because the trading volume has dropped over 54%, now totaling $23 million. Market capitalization hovers around $5.61 billion, yet the price trends suggest ongoing uncertainty as the new quarter approaches. The integration of Telegram Wallet enhances its functionality.
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