
PI has held above the crucial support: can the bulls defend it decisively?
Following years and years of delays and community frustration, the highly popular yet slightly controversial project finally launched in Q1 of this year. Perhaps even more importantly for investors who had amassed impressive quantities of the native token, PI also went live for trading.
The initial days were quite promising. It skyrocketed to a few consecutive all-time highs, the latest being at the end of February at almost $3.00. However, the hype quickly disappeared, and PI entered a prolonged bear market of its own with just a few deviations and brief spikes. Overall, the asset lost more than 94% of its value by early October when it crashed to an all-time low of $0.172.
After some project updates and promising news from the team, it managed to recover some ground and has remained above $0.20 for the past couple of months. Despite the ongoing market uncertainty among all digital assets, PI has maintained a price tag above $0.20, which is a crucial support level. The question is, what will happen in the final week of 2025?
Recovery or Breakdown?
To get a further perspective on the matter, we asked some of the most popular AI solutions. We will start with ChatGPT, which believes PI is showing some signs of stabilization, but its overall structure remains fragile. It noted that Pi Network’s native token is fundamentally and structurally different than most larger-cap altcoins. The current $0.20 region has acted as a “consistent survival zone,” as the bulls have stepped up every time the asset approached it.
However, if it’s broken to the downside, which would be possible if a more violent overall market correction takes place, then the all-time low will come into focus.
In contrast, PI might be able to challenge the first immediate resistance at $0.22-$0.24 if buyer activity picks up as it did in late October and November.
The Bigger Concerns
Gemini and Perplexity outlined a more worrisome bear case, in which PI not only loses the $0.20 support but also crashes below the ATL. Such a vicious nosedive is on the table due to the declining trading volumes and PI’s inability to stage a more permanent comeback.
You may also like:
Additionally, repeated tests of the $0.20 support often weaken it over time, which could lead to another breakdown, especially if BTC and the altcoins face another sell-off at the end of the year.
In conclusion, the three AIs agreed that PI survived the October/November crash “better than expected,” but its resilience is now being tested again. The $0.20 support will determine how it ends the year. A solid hold might lead to a mild holiday recovery, while a decisive breakdown could lead to a $0.172 retest.
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
