Will Pi Network Survive 9M Daily Unlock? Price Prediction Analysis

Pi Network’s price is currently facing a downward trend, dropping by over 28% and trading at $0.84. Despite this, the token showed signs of strength with a brief surge to $1.56 before reversing course. Technical indicators, including surpassing its 50-day moving average and breaking past Bollinger Bands, suggest continued bullish momentum for Pi Network’s price action. Though it has fallen from its peak above $3, the token continues to regain ground. 84 million tokens are scheduled to unlock in the coming days with a significant 12.8 million expected to be unlocked on May 15th.