Pi Network Price Prediction: Analysts Eye Monster Rally If This Key Event Sparks the Breakout

Description

The Pi Network (PI) price has turned lower again in recent days, despite resilience in the broader crypto market, though an upcoming key event could trigger a dramatic reversal in PI’s fortunes, analysts think. PI was last changing hands around $0.61, having slipped back below its 21DMA amid a bearish breakout from a short-term pennant pattern. That suggests, in the short-term, price risks are titled towards the downside. The near-term bearish technical outlook syncs with bearish token fundament...