The price has entered a flat channel. Can it break away?<\/p>\n
PI Network (PI) Price Predictions: Analysis<\/h2>\n
Key support levels: $0.16<\/p>\n
Key resistance levels: $0.20, $0.28<\/p>\n
PI is Stuck in a Channel<\/h3>\n
Since the price bottomed at 13 cents, PI has entered a range between 16 and 20 cents. The price has been trading between these levels since early March, and any attempt to break away was rejected.<\/p>\n
For example, in late April, buyers tried to break above the 20-cent resistance, but the buying momentum was quickly stopped after the selling volume spiked twice. This pushed PI back towards the support at 16 cents.<\/p>\n Momentum has turned flat without a clear direction since March as PI\u2019s price bounced between the limits of its trading channel. This can also be seen across the momentum indicators that are bouncing around their mid-range.<\/p>\n While volume increased in late April and May, it was not enough to drive a breakout above 20 cents. However, another attempt at that key resistance could be successful. In such a case, bulls will target 28 cents next.<\/p>\n In the past week, the daily RSI has been hugging the midpoint at 50. This shows a lack of clear momentum, which has pushed the price to move sideways around 18 cents. Ideally, PI holds here to make a higher high which could build a bullish bias for an eventual breakout.<\/p>\n To build confidence in a breakout, the daily RSI will need to move above 50 points and approach 70, which would signal that buyers are returning. That can also coincide with a new attempt at breaking the $0.20 resistance.<\/p>\nMomentum is Flat<\/h3>\n
![\"pi_network_price_chart_0705262\"](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/pi_network_price_chart_0705261.jpg\")
Daily RSI is Stuck Around 50<\/h3>\n