PI PI
March 26, 2025
8:10 am
PI is about to reverse and is currently sitting around our Wave C levels (0.8578 , 1.0578). But personally, I think we could still see a move lower (potentially dipping below $0.80 or around that area as a possible bottom.)
Just to be clear, this is purely from a technical perspective, and I'm not a fan of the coin myself.
PI is pretty controversial in the crypto space. It's not even listed on Binance yet, which is another reason I think it could still trend lower.
Pianalysis
$PI - Pi NetworkPi Network might have just made it to the Guinness Crypto Record! Launched trading at $0, 01 cents on the 29.12.2022 on Huobi, it topped $345 exactly 24 hours later, that was only the IMPULSE WAVE, this impulse wave seems to be consolidating in the range $50 and $100, that puts waves 3 and 5 at over $1k! This is coin which has been mined for free on mobile phones since the project started in 2019 had a massive run in 24 hours, with 33 million active users world wide, it's trying to do something Bitcoin failed to do - a fair distribution to most people! Couldn't believe my Pi portfolio on the 30.12.2022 for a coin that I mined for free! The free mining on Pi Network is still active anyone with a mobile phone can still mine it for free although the mining rate has drastically gone down, but with 4 to 5 invitees actively mining you can still get 2,88 Pi per day at the current trading rate of $68, that's $195 per day!