Pi Network to $1: Is it Possible?

Jakarta, Pintu News – The Pi Network has experienced a moderate upward trend since the beginning of the month, with prices slowly increasing.

However, this growth was stifled as the altcoin failed to create enough bullish momentum to sustain the rally.

Despite registering early gains, the Pi Network is still struggling to make headway towards the crucial $1.00 level.

Pi Network Trapped in Uncertainty

The Sharpe ratio, an indicator for measuring return to risk, shows that the Pi Network’s current bearish momentum is actually strengthening. However, the value of the ratio has not yet reached a threshold sufficient to trigger a complete reversal of the market trend.

Read also: Pi Network Price Drops 5% — Is the Upcoming Token Unlock About to Crash Pi Coin to $0.65?

Historically, when the Sharpe Ratio hits -19%, it signals a temporary low that is usually followed by a price surge.

Currently, Pi Network is still at -6%, far from the levels usually seen before a significant price recovery.

While the Sharpe Ratio indicates investor losses, it is not yet a signal of a price trend reversal.

The altcoin seems to be in a neutral zone – it doesn’t have enough negative pressure to cause a sharp drop, but it also doesn’t have enough bullish impetus to push the price up. Investors are still waiting for clarity on market direction.

On the macro side, technical indicators such as the Moving Average Convergence Divergence (MACD) show that the bearish momentum has not subsided.

The appearance of a red bar on the MACD chart, accompanied by a continuing bearish crossover, indicates that the price of Pi Network is likely to remain in a downward trend in the near future.

This pattern suggests that altcoin prices will struggle to regain bullish momentum in the absence of significant positive sentiment from the market.

The continued bearish trend shown by the MACD further reinforces investors’ concerns. As long as these red bars remain, the price movement will most likely continue to be under pressure, which makes reaching the $1.00 price in the near future even more difficult.

PI Price Faces Hurdles Ahead

At $0.78, Pi Network is still about 27% away from the psychological threshold of $1.00. This level is highly anticipated by investors, because if it manages to break through and turn it into a support level, it will most likely trigger a new wave of investment.

However, the current price stagnation raises concerns about the possibility of such a bullish breakout.

For now, Pi Network has not shown a clear inclination towards either a bullish or bearish trend. The asset is still stuck in the middle, with indications that negative momentum is more likely.

Read also: 3 Altcoins that Crypto Investors are Hunting for by the End of May 2025!

The price could even correct deeper and test the support level at $0.71, reflecting increased caution from investors.

However, if overall market conditions become more positive and provide the needed boost, Pi Network prices could potentially break the resistance level at $0.87. This could happen if Bitcoin prints a new All-Time High, given that PI has a strong correlation with the main crypto asset.

If the price manages to surpass $0.87, the Pi Network will move closer to $1.00, invalidating the bearish view and opening up a trend reversal opportunity.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Pi Network’s Price Rise Is Lacking Boost. Accessed on May 27, 2025