The post Pi Coin Jumps 7% as Growing Buy Pressure Signals Potential Breakout appeared on BitcoinEthereumNews.com.

PI price analysis for June 2025 suggests a potential breakout as the Pi Network crypto shows signs of recovery.  Pi Network price is surging after recent falls, and technical indicators hint at bullish momentum.  The RSI is recovering from oversold conditions while the MACD shows positive divergence signals. The technical analysis of PI price in June 2025 is somewhat optimistic but hints cautiously since the token is trading near the key resistance levels. The price action indicates that buyers are entering at the current levels, and this forms a basis for possible upward movement. Pi Network price has been trading within a tight range, and the current price is around the mark of $0.6154 as per CMC data. The fact that the steep drop that was evident on 13 June is being recovered shows that real buyers are piling up at these low prices. This build-up may be preconditioning the next major action. The RSI indicator of 52.17 indicates neutrality; however, it also hints that the positive momentum is building up as RSI is heading upward. The recent increase in the RSI out of extreme lows indicates that the selling pressure is being reduced and buyers are becoming confident. The MACD histogram is also encouraging as the recent positive bars have been formed, which means there is a possibility of a momentum shift. The MACD line is about to cross over in a bullish direction, and this may indicate the start of a new uptrend. The social sentiment analysis indicates conflicting signals, where recent times have recorded both negative and positive sentiment surges. The existing mood seems to be settling down, which is usually followed by a large price movement, either up or down. PI Price Faces Critical Resistance Levels Source: Tradingview The technical chart shows that the Pi Network…

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Filed under: News - @ June 15, 2025 8:26 pm