Pi Price Prediction for June 05 2025: Will Pi Network Hold Above $0.65 as Buyers Return?

The Pi Network price today is trading near $0.655, marking a mild gain of 0.09% over the past 24 hours. After a period of tight consolidation, Pi has shown signs of mild bullish pressure, but the broader technical structure suggests this may still be a fragile recovery. The question now is: Why is the Pi Network price going up today and can it sustain momentum above key resistance?

What’s Happening with Pi Network’s Price?

On the 30-minute chart, the Pi Network price has remained largely range-bound between $0.648 and $0.656 since June 2. Price is currently testing the upper boundary of this zone, coinciding with a minor descending trendline seen in earlier sessions. A clean breakout and sustained close above $0.656 would signal strength toward $0.665 and $0.675.

Meanwhile, the Ichimoku Cloud indicates thin resistance directly above the current price, while the conversion and base lines (blue and red) have just crossed bullishly. This could lead to short-term Pi Network price spikes if bulls capitalize on this minor technical shift. However, failure to hold above $0.648 could reintroduce bearish momentum.

RSI, MACD, and Chande Momentum Oscillator Show Mixed Bias

Momentum indicators are offering conflicting signals. The RSI on the 30-minute timeframe has turned mildly bullish, climbing to 62.20 from sub-50 levels earlier this week. This suggests improving sentiment but not yet a breakout condition.

The Stochastic RSI, on the other hand, is firmly in the overbought zone (87.07), which could imply the current Pi Network price action may face near-term exhaustion. However, this should be viewed in context—previous highs were reached even when Stoch RSI remained in overbought territory for extended periods.

MACD is still showing a weak crossover, with the MACD line hovering just above the signal line. Both lines are barely above the zero axis, indicating the trend lacks strong momentum. Meanwhile, the Chande Momentum Oscillator has risen to 70.00, its highest reading since the end of May, suggesting that bullish interest is returning but remains tentative.

Multi-Timeframe Outlook: Bollinger Bands, EMAs, and Trendlines

The 4-hour chart shows Pi Network price volatility tightening along the Bollinger Band midline ($0.6457), with the price currently attempting to rise toward the upper band at $0.658. The 20, 50, and 100 EMAs are all starting to flatten, with price climbing just above the 20-EMA ($0.6517), a bullish sign after nearly two weeks of weakness.

Still, higher EMAs at $0.6774 (100 EMA) and $0.7126 (200 EMA) continue to act as formidable dynamic resistance. A breakout above $0.675 would be needed to attract medium-term traders back into the picture.

On the daily chart, Pi remains in a descending triangle structure, with horizontal support around $0.62 and falling trendline resistance from the May highs now coming in near $0.695. This will be the major zone to watch throughout the second week of June.

Key Levels and Short-Term Forecast

Based on current technicals, here are the primary levels to watch for June 5:

• Support zones: $0.6482, $0.6350, and $0.6180. If $0.648 fails, expect downside tests of these zones.
  
• Resistance zones: $0.6564, $0.6750, and $0.6950. Only a break above $0.675 will confirm a shift in short-term bias.

Given this structure, the Pi Network price update suggests a cautious bullish bias. If bulls manage to keep price above $0.648, a test of $0.675 could follow. However, failure to break $0.656 cleanly may drag the price back to retest at $0.635.

Technical Forecast Table

Pi Network remains range-bound with emerging bullish bias. Sustained closes above $0.656 could open the path toward $0.675 and beyond. But a failure to hold above $0.648 would likely invite another retracement phase. Traders should monitor trendline resistance near $0.695 on higher timeframes for directional confirmation.