{"id":636375,"date":"2025-03-18T10:31:25","date_gmt":"2025-03-18T10:31:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=636375"},"modified":"2025-03-18T11:17:31","modified_gmt":"2025-03-18T11:17:31","slug":"pi-network-price-prediction-pi-plunges-17-risking-drop-to-1-as-investors-flock-to-this-meme-coin-index-ico-before-time-runs-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/pi-network-price-prediction-pi-plunges-17-risking-drop-to-1-as-investors-flock-to-this-meme-coin-index-ico-before-time-runs-out","title":{"rendered":"Pi Network Price Prediction: PI Plunges 17% Risking Drop To $1 As Investors Flock To This Meme Coin Index ICO Before Time Runs Out"},"content":{"rendered":"

The Pi Network price plunged 17% in the last 24 hours to trade at $1.17 as of 3:40 a.m. EST, with trading volume skyrocketing 58% to $575 million.<\/span><\/p>\n

The dramatic drop has pushed the PI Coin price through support levels, risking a further drop to $1. What can traders expect next for PI Coin?<\/span><\/p>\n

Pi Network Price Analysis: Bearish Pressure Continues<\/h2>\n

The <\/span>PI price<\/span><\/a> is currently in a downtrend after reaching a high near $3.00. The chart shows a retracement phase, with the Pi Network price breaking below key Fibonacci levels, indicating continued bearish momentum.<\/span><\/p>\n

Meanwhile, the 50 SMA (Simple Moving Average) on the 4-hour chart at $1.4767 has acted as strong resistance, with the price of PI Coin consistently rejecting it and continuing downward.<\/span><\/p>\n

The price of Pi Network is currently near the 0.786 Fibonacci retracement level, which is often considered the last line of support in a retracement before a potential reversal or further decline.<\/span><\/p>\n

The Relative Strength Index (RSI) is at 36.18, close to the oversold region (30). This suggests that while the price is nearing exhaustion, there is still room for further downside before a potential rebound.<\/span><\/p>\n

\"Pi
PI\/USDT Chart Analysis Source: Tradingview<\/figcaption><\/figure>\n

Will Pi Coin Crash Or Pump?<\/h2>\n

With bearish momentum persisting, the Pi Network price could continue declining toward $1.00 or even $0.70 if it fails to reclaim $1.19 as support.<\/span><\/p>\n

A bounce from $0.70 could trigger a reversal, but confirmation signals such as an increase in RSI and reclaiming the 50 SMA are needed.<\/span><\/p>\n

A move above $1.50 could indicate a potential bullish reversal, but the market structure remains bearish for now.<\/span><\/p>\n

As PI remains at the mercy of sellers, investors flock to the presale for a new meme coin called Meme Index (MEMEX)<\/a>. According to 99Bitcoins, a prominent crypto channel on YouTube that boasts over 725K subscribers, MEMEX has the potential to be the next 100x crypto.<\/span><\/p>\n