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The Pi Network price pumped 6% in the last 24 hours to trade at $0.4818 as of 8:07 a.m. EST as investors buy into the altcoin.
Along with the recent gain by the PI Coin price, the crypto has also taken the top spot on CoinMarketCap’s trending list.
Pi Network Price Nears Support After Rejection
4-hour chart for PI/USDT (Source: TradingView)
The Pi Network price is nearing the support level at $0.4725 after a rejection from the $0.5037 in the last 12 hours. If the altcoin slips below this technical safety net within the next 12 hours, it could be exposed to the risk of plunging all the way down to $0.4580 in the short term.
On the other hand, traders identifying the current Pi Network price as a buy opportunity could lead to a retest of the $0.5037 mark. A break above this level might then clear the room for a climb to as high as $0.5190.
Pi Network Price Could Soon Enter Confirmed Bearish Trend
Looking at technical indicators, it seems PI Coin’s bullish momentum is starting to cool off. More specifically, both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) on the 4-hour chart warn the Pi Network price might continue dropping in the next 12 hours.
The MACD line is starting to stall above the MACD Signal line, as evident by the slower climb seen with the MACD Histogram bars. If the gap between the two lines starts to shrink, it could lead to a bearish crossover that will confirm the shift from a bullish trend to a bearish one.
RSI readings have also started to drop in the last couple of hours, which could be seen as a sign that buyers are starting to leave the altcoin’s charts. Now, the RSI is falling towards its Simple Moving Average (SMA) on the 4-hour chart.
Similar to if the MACD line crosses below the MACD Signal line, the RSI falling below the SMA could confirm the transition to a bearish trend.
While the Pi Network price nears support, investors are piling into the presale for TOKEN6900 (T6900). According to popular YouTuber Jacob Crypto Bury, who has over 57K subscribers, T6900 could soar 10X after its launch.
A Token That Stays True To Its Meme Coin Roots
A wave of new utility-orientated meme coins have entered the market over the past few weeks. Now, new crypto, TOKEN6900, aims to take the meme coin space back to its community-centric and lighthearted roots as well as repeat the success of its predecessor, SPX6900.
The team has made it abundantly clear that the TOKEN has no utility.
The project makes no promises of cutting-edge tech or advanced AI. It also does not track GDP, oil reserves or corporate earnings. Instead, the crypto aims to be a pure speculative meme coin play.
Instead of utility, the meme coin will ride what its team calls “Vibe Liquidity,” which is a combination of delusion, irony, and the collective hallucination of terminally online traders.
TOKEN6900 also wants to position itself as the first meme coin that is a tradable ticker for the collective brain rot in the market.
Token 6900 bruhh pic.twitter.com/SgLtFgQeWc
— Token6900 (@Token_6900) July 20, 2025
Unlike many of the meme coins, and even non-meme coins, that came before it, TOKEN6900 comes with high levels of transparency.
Not only has the team allocated 80% of the token’s total supply to the public presale, there are also no behind-the-scenes VC deals and no secret token minting mechanisms.
The team also has a tiny allocation that equates to less than 0.01%. What’s more, these tokens are also locked up for five years.
That means there won’t be any team members or VCs waiting to dump their holdings on unsuspecting investors when the token launches.
TOKEN6900 Presale Closes On $1 Million
Despite its complete lack of utility, investors are piling into TOKEN6900’s ongoing presale. So far, more than $986K in early-stage funding has been pumped into the meme coin’s ICO.
Tokens can also be staked for a 62% annual return.
The TOKEN6900 presale has an end price of $0.007125, setting an ICO hard cap at $5 million.
T6900 tokens can be bought for $0.006675 apiece via the simple widget embedded on the project’s website using either crypto or bank card.
Interested investors should buy before a price hike in less than 40 hours.
Visit the official TOKEN6900 website to learn more.
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