Altcoins News
By James Thorp
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Pi Network has seen a modest price increase of over 4% in the past 24 hours, following the release of its much-anticipated Migration Roadmap.
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While the price recovery appears to be gaining some ground, multiple signals suggest the asset still faces significant hurdles.
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Lack of Clarity in Roadmap fuels Community Concerns
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The newly released Mainnet Migration Roadmap has been met with mixed reactions from the Pi Network community.
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The roadmap outlines three phases for the migration process, but none are tied to specific dates, leaving users uncertain about what to expect and when.
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With more than 108 million tokens unlocked this month, the lack of a clear rollout strategy is unsettling for many investors.
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From a technical standpoint, Pi Network is showing signs of a possible trend shift, but it's still too early to confirm a full breakout.
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The Supertrend indicator and the Ichimoku Cloud remain tilted toward a more volatile outlook.
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Meanwhile, Pi’s Relative Strength Index (RSI) has rebounded from a low of 32.34 to a current level near 53.77. This move indicates some recovery in buying momentum.
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Resistance Zones Will Define the Next Move
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Pi Network is currently testing a key resistance level at $0.66. Should the price break past this point, the next potential targets include $0.789 and $0.858.
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On the flip side, if Pi fails to clear the $0.66 resistance, the price may retreat to support levels at $0.54 or even $0.40.
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Adding to the buzz is the upcoming Consensus 2025 event, which could present a major opportunity for the Pi Network. Developer and analyst Dr.
14 / 15
Dr. Altcoin is urging the Pi Core Team to act fast—particularly in approving Know Your Business (KYB) applications and introducing decentralized applications (DApps) within the…
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However, time is running out. With just under a month until the conference, delays in migration and ecosystem rollout have already caused some developers to move their projects…
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