AI Insights on Pi Network Price Forecast for Upcoming Week
Analyzing the future price movements of Pi Network's token as market conditions pose challenges.
It is evident that the introduction of the native token for Pi Network has encountered several hurdles. Initially, the token reached nearly $3.00 shortly after its trading commencement, but it has since plummeted by over 93%, hitting an all-time low of $0.172 last weekend.
Although a modest recovery was attempted in the days following, a market-wide correction on Friday forced it back down. Presently, it is struggling to hold above $0.20. Below are the evaluations by ChatGPT, Grok, and Gemini regarding its performance next week.
What’s Next for PI?
Once a top 20 altcoin by market capitalization, PI has witnessed significant price downturns. Alarmingly, the three AI platforms provided little optimism about the asset’s performance for the upcoming week. However, this isn’t solely due to PI’s circumstances, as the entire market has been facing challenges for over a week.
From a technical perspective, Grok has identified the recent low around $0.17-$0.18 as a critical support level. If this threshold is surpassed, there are no historical price levels below it to provide support. On a positive note, it noted that the RSI is significantly oversold, well below 30, which might lead to a brief recovery rally.
Nonetheless, PI needs to experience higher buying volume, as current levels indicate low speculative interest. Gemini suggests that a more meaningful rebound is contingent upon reclaiming the first major resistance levels at $0.22 and $0.24, which it was previously rejected from earlier this week.
Continued Bearish Sentiment
ChatGPT adopted a mainly bearish outlook on PI’s near-term price trajectory. It stated that further adverse price fluctuations are likely, projecting a 60% chance for continued bearish trends.
“If $0.20 fails to hold, sellers could push PI toward a new low between $0.15–$0.17. Thin liquidity means even small sell orders can trigger sharp dips.”
As a result, the likelihood of a rapid recovery is less than 30%, with chances of stabilization and consolidation at these levels holding a mere 15% probability, as estimated by the OpenAI tool.
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“Expect continued weakness and possible new lows before any significant rebound. Without fresh momentum or external listings, PI will likely trade between $0.17–$0.23 next week, reflecting a fragile and speculative market phase,” ChatGPT concluded.
