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PI Price Outlook: Will May 31 Bring a Rebound or Deeper Slide for Pi Network?

Jonathan Carls by Jonathan Carls
May 30, 2025
in Binance Feed, Market, News, Price Analysis
Reading Time: 3 mins read
PI Price Outlook Will May 31 Bring a Rebound or Deeper Slide for Pi Network
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  • PI’s lack of major exchange listings limits price discovery and market stability
  • Technical challenges hinder PI’s integration with top-tier platforms like Binance
  • Bearish price action with high volume signals strong selling pressure from traders

Since Pi Network transitioned to its Open Mainnet on February 20, 2025, the project has been gaining serious traction. What started as a mobile mining experiment in 2019 has evolved into a full-fledged blockchain project. 

With over 60 million users referred to as Pioneers the community stands among the largest in the crypto space. Despite this progress, PI’s market performance has faced a rough patch. 

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Technical Challenges and Exchange Setbacks

Despite an overwhelming community campaign earlier this year, efforts to get PI listed on major exchanges have stalled. Over two million community members voted for a Binance listing, with 86% in favor. However, Binance has yet to respond or provide any indication of a forthcoming listing.

Several community voices suggest that PI’s absence from the BNB Smart Chain might be a sticking point. The lack of technical alignment could be making the integration more complex than expected. 

Coinbase, known for its conservative approach, has shown even less interest. A speculative Pi Day tweet by their legal head sparked temporary excitement but led nowhere concrete.

Hence, while community momentum is strong, technical and regulatory friction may continue to delay major listings. Until then, PI’s trading remains confined to smaller platforms, limiting its price discovery and liquidity potential.

Price Analysis and Technical Indicators

At the time of writing, PI trades at $0.6650, down 7.03% on the day. The price briefly peaked near $0.720 before sliding sharply, showing signs of strong selling pressure. 

Notably, today’s trading volume surged to $155.42 million up over 59% which supports the bearish narrative. High volume during a price decline often signals distribution or increased exit activity by traders.

The key support level now lies at $0.657, today’s intraday low. If this floor breaks, PI could see further downside. Meanwhile, resistance stands around $0.715, a zone the token must reclaim to shift short-term momentum.

PI/USD daily price chart, Source: TradingView

Technical indicators present a mixed view. The MACD shows a recent bullish crossover, hinting at possible upward movement. However, the histogram remains below zero, indicating weak momentum. RSI is currently at 42.19 still in bearish territory but not yet oversold.

Outlook for May 31 and Beyond

Looking ahead, May 31 could be a critical day for PI. Reclaiming the $0.715 level would suggest renewed buying interest. On the other hand, a break below $0.657 could confirm sustained bearish momentum. Ultimately, until PI secures a major exchange listing, price action is likely to remain unstable.

Tags: Altcoin NewsPrice Analysis

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