As of June 7, 2025, Pi Network (PI) is trading at approximately $0.6246, reflecting a slight increase of 0.83% over the past 24 hours.

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📉 Market Overview

Current Price: $0.6246

24h Range: $0.6119 – $0.6257

7-Day Change: Approximately -9%

Market Cap: ~$4.56 billion

Circulating Supply: ~7.34 billion PI

The price has been under pressure due to increased token unlocks and rising exchange inflows, indicating potential selling pressure.

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🔮 Analyst Insights

Short-Term Forecast: Analysts predict a potential drop to $0.16 if key support levels fail.

June 2025 Prediction: Price expected to range between $0.57 and $0.85, with an average around $0.61.

Long-Term Outlook: Optimistic projections suggest PI could reach $500 to $1,000 by 2030, contingent on widespread adoption and ecosystem development.

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📈 Technical Indicators

Moving Averages: All key EMAs and SMAs (10, 20, 50, 100-day) are above the current price, indicating a bearish trend.

MACD: Negative, suggesting downward momentum.

RSI: Neutral at 43.6, indicating neither overbought nor oversold conditions.

Bollinger Bands: Tightening, which may precede a significant price movement.

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✅ Summary

Pi Network is currently experiencing a bearish phase, with short-term forecasts indicating potential further declines. However, long-term prospects remain optimistic, hinging on successful mainnet developments and increased adoption. Investors should monitor key support levels and market indicators closely.
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