Past 24 hours brought a slight but noticeable lift for most top cryptos π€. Piβs token though stays deep in red, sliding under fresh pressure. One analyst spots a possible spark ahead if buyers finally act.
The Necessary Condition
Last week pi slipped below 0.12, its lowest point since trading began. It later grabbed back some ground and now sits just under 0.13, marking a 12% weekly drop and a brutal 96% plunge from the feb 2025 peak. X user Erick Crypto βΏ pointed out the price is trying to settle after the long slide, yet volume stays thin so confirmation is still missing. At the same time the rsi has crept into oversold territory, hinting the drop went too far too fast and a bounce could follow. Everything now rests on whether buyers decide to step up. βIf buyers step in we could see a recovery move from these depressed levels. However risk management remains essential until a clear trend reversal appears.β
Awaiting This Date
Pi networkβs team has wrapped several upgrades and shared fresh ecosystem updates. They just finished the shift to protocol v24, strengthening node support and mainnet activity, with v25 migration targeted for 18 june. CiDi Games, part of the pi ventures lineup, also dropped four new titles for pioneers: coin whack, fruit stack, gemnova and rainbowcubes. None of these moves have lifted the price yet, so all eyes now turn to 28 june, aka pi2day. Speculation is swirling on x about possible reveals or new tools, though nothing is locked in and it is unclear if anything will actually move piβs valuation.
Just another echo from the void by iconofsin.eth π