Price Prediction for Pi Coin: The MACD Indicator Finally Flashes Green

Bearish momentum has continuously pressured PI since mid-May, which may have finally ended, with a golden cross on the daily MACD reinforcing the short term price outlook for Pi Coin. While most altcoins recovered in June, PI continued to slide, signaling a disconnection from the overall market trend. The prolonged sell-off has caused the PI to fall 43% in the past month, making it the worst-performing coin in the top 100. However, the recent price increase may finally have caught up with this coin. The Unstable Fundamental Platform Blurs the Positive Technical Outlook Despite the optimistic technical outlook, the future of Pi Coin may depend on the fundamentals of the ecosystem as it stands at a crossroads, according to a post on X by the renowned PI commentator Pi Barter Mall. In its pessimistic view, Pi Barter Mall notes that the slow development of the ecosystem is the main obstacle to long-term growth. The truth is that the Pi ecosystem is still struggling with adoption. Its price volatility is largely speculative, lacking meaningful use cases to sustain long-term growth. This also opens the door to liquidity issues, with short-term speculative trading increasing deflationary pressure as the unlocking continues at an average of 7 million dollars of PI tokens per day.

The market is struggling to absorb the surplus supply without an increase in demand to stabilize the price of Pi Coin. However, there is still an optimistic case. Pi Barter Mall notes that listings on mainstream exchanges, such as the possibility of launching on Binance, could serve as a key catalyst. If it can be applied on a large scale, Pi Barter Mall believes that Pi could regain a price level of 1–3 dollars with real utility to encourage HODLing instead of flipping. Price Analysis of Pi: Can the Golden Cross Reverse the Trend? Considering the underlying fundamental challenges, the valuation of 10 dollars for Pi Coin remains unrealistic, at least until the optimistic scenario of the Pi Barter Mall becomes a reality. That said, the Pi coin could start to rise in price solely based on technical momentum as the recent breakout of the bearish wedge pattern in May increased the likelihood of a daily golden cross.

The MACD line is about to cross above the signal line, preparing to turn green for the first time since Consensus 2025 took place as a sell-the-news event. Selling pressure seems to have exhausted, with the RSI index recovering from the deep bearish zone at 40—a preliminary signal indicating that buying pressure is returning, opening the door for the next price increase. If the upward momentum continues, this pattern indicates that the price of Pi Coin could rise by 40% to $0.8725, in line with the Fibonacci extension level of 0.618. If the buyers continue to push the price up to $1, Pi Coin will face an important accumulation area at the Fibonnaci 0.5 level - a potential catalyst for driving growth. However, if the golden crossover is delayed or fluctuates, the strong support level at $0.60 remains an important decline level to watch for signs of reversal.