Junior Content Creator
Harvey Hunter
Junior Content Creator
Harvey Hunter
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May 10 could be pivotal for PI as the momentum spurred by rumors of a Binance listing begins to show its cracks, weighing on bullish PI Network price forecasts.
The upwards move has been snubbed at the $0.80 resistance—a barrier that has capped gains since mid-April.
With a total of $18 million PI tokens scheduled to unlock over the weekend, typically a slow period for crypto, inflationary pressure could weigh on price action.
The listing rumors have positioned PI as a frontrunner in the “best crypto to buy” conversation, but if buying interest fades, a near-term reversal may be in play.
Pi Network Price Analysis: Is The Rally Over?
According to CoinCodex price prediction models, the Pi Coin May 10 forecast does suggest a possible rise to around $0.7385, a marginal 0.11% gain.
That said, the 4-hour RSI has entered overbought territory, breaching the 70 threshold at 82, signaling buyer exhaustion.
What goes up must come down—Pi Network may be primed for a correction as a natural next step to rebalance the scales amid surging speculative interest.
The 0.682 Fibonacci retracement level at $0.70—often called the “Golden Ratio”—serves as a credible reversal point, marking a potential 4.35% decline.
From there, Pi could mount another attempt at the $0.80 resistance, continuing the breakout path of a descending channel forming since its mainnet launch rally.
The Pi Network price currently stands 40% below the pattern’s $1 target.
If PI cannot build the momentum to clear this level, or loses the $70 resistance, it could remain range-bound between $0.55 and $0.80 until a substantial catalyst emerges.
Looking ahead, May could be pivotal for Pi Coin, with an expected May 14 ecosystem announcement and a potential showcase at Consensus 2025.
Commentators believe these events could spotlight the Pi Network’s ecosystem, shifting its narrative beyond a highly inflationary, speculative asset with limited use case.
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One project catching early attention is SUBBD ($SUBBD), an AI-powered content platform redefining a $85B industry by giving fans true access and creators better monetization tools.
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