Pi Network has experienced a 20% decline in value, attributed to the increased market volatility caused by Donald Trump's trade war. The declining on-balance volume and negative values in the Elder-Ray Index indicate a bearish outlook, with selling pressure outweighing buying pressure. If this trend continues, the altcoin's value could drop further, potentially reaching a support level of $1.62. However, if there is a resurgence in demand, the price could rise above $2 and even potentially reach its all-time high of $3.
Content Editor ( beincrypto.com )
- 2025-03-08
Pi Network (PI) Struggles to Hit $2 as Bearish Indicators Dominate
