Technical Hurdle Continues: Pi Network’s Recovery Faces Resistance

Pi Network has experienced a dramatic plunge in value since its launch, falling from $2.99 to a low of $0.40. This sharp decline could signal the end of initial enthusiasm for the project, but recent gains have sparked hope of a turnaround. While some see this as a temporary rebound, others point towards the potential beginning of a new trajectory. However, technical factors continue to create uncertainty around Pi’s future. 2023 saw the Pi network plunge, with its price hitting a historic low in early April.