Pi Price Prediction: Will Pi Coin Explode Above $0.90 or Crash Below $0.40 in May 2025?

Pi Coin (PI/USD) is currently trading near the $0.61 mark, recovering modestly after a significant downtrend from its March 2025 high of nearly $3.00. The price has since stabilized in a narrow consolidation range between $0.56 and $0.66. This period of sideways movement signals that the market is in a phase of accumulation, potentially preparing for a decisive move in May. However, directional clarity hinges on price reactions to nearby support and resistance levels as well as confirmation from momentum indicators.

Daily Chart Analysis: Trendline Support Holds, but Volume Lacks Conviction

On the daily timeframe, Pi Coin has repeatedly rebounded from the crucial support level around $0.40, which now serves as the base of its current range. A gradually rising trendline suggests that bulls are attempting to defend higher lows. However, the price is struggling to breach the psychological resistance near $0.70. Notably, this level aligns closely with the 0.236 Fibonacci retracement of the downtrend from the $2.769 peak. As long as Pi sustains above the $0.49–$0.50 trendline, the structure remains technically constructive. A breakdown below this area could invalidate the base-building pattern and reignite bearish momentum.

Fibonacci Retracement: Signs of Mid-Range Congestion

Fibonacci retracement drawn from the recent swing high to the swing low reveals that Pi is currently hovering between the 0.382 and 0.5 levels:

• 0.382 Fib: $0.639
• 0.5 Fib: $0.593
• 0.618 Fib: $0.547

This cluster of levels indicates a zone of indecision, where buyers and sellers are in a tug-of-war. A confirmed breakout above $0.639 would reflect bullish strength and open the gates toward the $0.70–$0.75 zone. Conversely, a breakdown below $0.547 would expose the price to retest the lower supports at $0.48 and $0.40.

4-Hour Chart: Range-Bound with Descending Pressure

The 4-hour chart paints a picture of Pi Coin trading in a confined range, with support established between $0.55 and $0.58 and resistance capping upside at $0.65–$0.70. This zone-based activity suggests accumulation, but also highlights hesitation among traders. Importantly, the LuxAlgo tool signals a descending triangle forming on the chart, which historically leans bearish unless invalidated by a breakout. A decisive close above $0.66 would nullify the pattern and signal a trend reversal. On the flip side, a fall below $0.58 would increase the probability of a breakdown to $0.50 or lower.

EMA and RSI Analysis: Momentum Still Neutral

Exponential moving averages (20, 50, 100, and 200 EMAs) show that Pi has crossed above the short-term 20 and 50 EMAs but remains below the 100 and 200 EMAs, both of which hover around the $0.74 mark. This configuration indicates that while short-term momentum is slightly improving, the broader trend remains bearish. The Relative Strength Index (RSI) is currently at 53, suggesting neutral momentum with room to move in either direction depending on market catalysts.

Bollinger Bands and MACD: Low Volatility, Breakout Brewing

The Bollinger Bands have narrowed significantly, hinting at a squeeze phase—typically a precursor to an explosive move. Pi is currently trading near the upper band, showing slight bullish pressure. At the same time, the MACD indicator is showing a mild bullish crossover, with the histogram turning green. While the signals are not yet robust, they do suggest the possibility of building upside momentum if resistance levels are breached in the coming sessions.

Pi Price Prediction: What to Expect from Pi Coin in May 2025?

Based on the convergence of technical indicators and price behavior across multiple timeframes, Pi Coin appears to be approaching a critical decision zone that could define its trajectory for the month of May.

• Bullish outlook:
  Should Pi Coin successfully break above the $0.66–$0.70 resistance range—particularly with confirmation from rising trading volume and sustained candle closes—momentum could quickly build. In this scenario, the next upside targets would be $0.78 (a key reaction level from April) and $0.90, where historical price action and Fib retracements converge. This would signal a trend reversal and attract short-term bullish participation.
  
• Bearish risk scenario:
  Conversely, a failure to maintain support at $0.58 could tip the structure toward renewed selling pressure. In this case, Pi may revisit the $0.50 and $0.48 demand zones, both of which served as short-term consolidation levels in early April. If bearish sentiment intensifies further—perhaps due to negative market developments or lack of ecosystem activity—the price could slide as low as $0.40, marking a full retracement of its recovery range.
  
• Neutral base case – consolidation likely:
  Despite the breakout and breakdown potentials, the most probable near-term scenario is continued sideways consolidation between $0.58 and $0.66. This range-bound behavior reflects a phase of indecision and accumulation. Until a clear catalyst—such as major exchange support, ecosystem partnerships, or broader crypto market momentum—emerges, traders should expect choppy conditions with limited directional bias.