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Pi Coin Price Prediction After June 28

Pi Coin Faces Pivotal Weeks as Investors Await Key Updates and Navigate Price Volatility

Pi Coin, the cryptocurrency associated with the Pi Network project, continues to capture the attention of digital asset traders and blockchain enthusiasts despite recent price struggles. As of now, Pi Coin is trading at $0.5423, reflecting a modest 0.9% increase over the past 24 hours. The small uptick follows the Pi Core Team’s release of a 100-day update marking the progress since the Open Network launch — a milestone intended to reassure the community during a turbulent market phase.


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Yet, despite this positive gesture from the project’s leadership, Pi Coin has faced notable headwinds. The token’s price is down more than 12% over the past week and nearly 29% for the month. The broader technical picture remains bearish, with indicators pointing toward continued consolidation and uncertainty as the token’s price pattern narrows within a symmetrical triangle, fluctuating between $0.54 and $0.74.

A Market at a Crossroads: Symmetrical Triangle Signals Uncertainty

Traders have zeroed in on the symmetrical triangle formation in Pi Coin’s price chart. This pattern typically represents a period of consolidation before a decisive breakout. For Pi, the critical resistance zone sits around $0.74. Analysts argue that a clean breakout above this level, followed by a successful retest, could trigger a stronger rally — potentially pushing the price toward new local highs if investor sentiment turns bullish.

However, without a clear catalyst, the pattern could also resolve to the downside. Market watchers warn that failure to defend the lower bound of the triangle near $0.54 might result in additional declines, especially amid persistent selling pressure and negative sentiment.

The Risk Landscape: Token Unlocks and Exchange Activity

Adding to the cautious tone, several risk factors loom on the horizon. On-chain data shows that exchange wallet balances for Pi Coin are rising. This pattern suggests that holders may be positioning themselves for future sell-offs, possibly in anticipation of upcoming token unlock events. June and July are set to see significant numbers of Pi tokens released into circulation, which could flood the market and exert downward pressure on the price.

These token unlocks are being closely monitored, as they could spark increased volatility, particularly if no major positive developments counteract the influx of supply. The market’s reaction will likely hinge on whether the Pi Core Team introduces updates that can restore or boost investor confidence.

June 28: A Defining Moment for Pi Coin’s Future

All eyes are now on June 28, often celebrated as Pi Day within the community. Traditionally a symbolic date for the network, this year’s Pi Day carries heightened significance. The community is eagerly awaiting key announcements from the Core Team — particularly regarding the Global Consensus Value (GCV), a community-driven proposal that values 1 Pi at an ambitious $314,159.

Should the Pi Core Team choose Pi Day to announce the launch of the fully open mainnet, or to clarify its stance on GCV, the move could spark a wave of renewed interest and drive a sharp price rally. But if the team remains silent on these issues or delivers updates that fall short of expectations, the result could be a damaging loss of trust and a further wave of sell-offs.

Analysts caution that the next two weeks may represent a make-or-break period for Pi Coin, as investor patience wears thin in the absence of clear progress toward open trading and broader ecosystem utility.

Dueling Forecasts: Will Pi Soar to $10 or Sink to $0.40?

The near-term outlook for Pi Coin is deeply divided. Optimists point to the possibility of a breakout scenario if the Core Team delivers major updates. Prominent crypto analyst Mr. Spock has suggested that even modest positive news could push Pi toward the $5 to $10 range, capturing the attention of a wider market and injecting momentum into trading activity.

On the other hand, more cautious voices are warning of downside risk. Dr. Altcoin, a frequent commentator on emerging digital assets, has stated that absent significant updates, Pi Coin could fall to $0.40 by August as token unlocks accelerate selling pressure. However, Dr. Altcoin also notes that once the bulk of these token unlocks pass, selling activity could taper off, allowing the token room to stabilize and recover in late summer.

Forecasting platform CoinDCX expects Pi Coin to trade between $0.60 and $0.74 for the remainder of this week, with the potential for a rally if a breakout above resistance is achieved. A successful retest of that level could signal a bullish reversal, especially if enthusiasm builds ahead of Pi Day.

Price Outlook for Late June and July

Looking further ahead, if Pi Coin manages to break above the critical $0.74 resistance level, analysts believe the token could target price zones in the $0.85 to $0.90 range in the near term. Such a move would reflect both technical strength and improving sentiment.

Conversely, failure to hold support near $0.60 could drag Pi back down toward $0.52, particularly if key updates or exchange listings fail to materialize before the next token unlock slated for July 1. High volatility is expected throughout July, with CoinDCX projecting a trading range between $1.20 and $1.80 if positive developments take shape.

CoinCodex, offering a more conservative view, forecasts that Pi could dip as low as $0.37 to $0.43 in the short term. Their model suggests that while July could bring a slight improvement in the overall trend, the token is likely to remain under pressure, with prices hovering near $0.40 to $0.43 before any sustained recovery begins in August.

The Road Ahead: Can Pi Coin Deliver on Its Promise?

The coming weeks will be critical for Pi Coin and its millions of holders around the world. The network, originally built with a mission to democratize cryptocurrency through mobile-first mining and accessibility, now faces the challenge of converting its large user base into a vibrant, value-generating ecosystem.

Much will depend on the decisions made by the Core Team: whether they choose to address community concerns about GCV, whether they accelerate plans for open market trading, and how they manage the optics and impact of token unlocks. The market has made clear that it is looking for clarity — and that absent clear communication and progress, investor confidence could continue to erode.

For Pi Coin, the next chapter is about much more than price. It is about proving that the vision of an inclusive, user-friendly cryptocurrency can succeed in the face of market realities and investor scrutiny. As June 28 approaches, all eyes will be on Pi’s leadership — and on whether the token can break free from its current limitations to chart a stronger, more sustainable path forward.


Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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