The post Pi Network Price Prediction For July 6, 2025 appeared on BitcoinEthereumNews.com.

After facing consistent rejections below the descending trendline, Pi Network price continues to decline, now hovering around the $0.459 level. Price action has entered a key demand area, but signs of trend weakness remain, with no strong bullish structure emerging yet. What’s Happening With Pi’s Price? On the 4-hour chart, Pi Network price action remains trapped within a falling channel, marked by a well-respected descending trendline from the $0.64 high. Despite occasional bullish attempts, each breakout has failed to sustain, leading to successive Breaks of Structure (BOS) and Change of Character (CHoCH) zones favoring sellers. Most recently, price formed a weak low at $0.459, with another BOS forming just below. Liquidity resting under $0.44 now becomes the next magnet for short-term market interest. Sellers have defended the $0.50–$0.55 imbalance zone consistently, while upside volume has failed to penetrate the higher supply between $0.64 and $0.66. Why Is the Pi Network Price Going Down Today? Why Pi Network price going down today can be explained by a confluence of technical weaknesses across major indicators. The 20/50/100/200 EMA cluster on the 4H chart is bearishly aligned, with price trading well below all moving averages. The closest EMA, the 20 EMA at $0.488, is acting as dynamic resistance, keeping bulls capped. The Bollinger Bands are tightening, with price hugging the lower band near $0.457 — often a precursor to volatility spikes. With candles forming small bodies and rejecting the midline, this confirms the lack of bullish strength. On the 30-minute chart, RSI hovers around 39.9, indicating weakening momentum but not yet fully oversold. The MACD histogram shows fading momentum, with the lines nearing a bearish crossover. Meanwhile, Ichimoku Cloud signals continued downside. Price is trading below the cloud, with the Kijun-Sen and Tenkan-Sen offering no signs of a bullish crossover. The Lagging Span…

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Filed under: News - @ July 6, 2025 1:18 am