3 AIs speculate on Pi network price predictions for the coming week

What next for PI after another weekly close in the red.

It’s safe to say that the launch of Pi Network’s native token has hit quite a few roadblocks, as the asset peaked at just under $3.00 days after it officially began trading, but plummeted over 93% in the ensuing months to a low of $0.172 last weekend.

Although it tried to recover some ground in the following days, Friday’s market-wide correction pushed the price south again and it is currently fighting to stay above $0.20. Here’s what ChatGPT, Grok and Gemini predict about performance in the coming week.

What’s next for PI?

From being a top 20 altcoin by market cap to barely having a position in the largest 80 club, PI has seen its fair share of price drops. Unfortunately for Pi Network’s investor base, the three AIs didn’t give much hope for the asset’s performance over the ensuing seven days. However, this may not be entirely his fault as the entire market has been struggling for over a week now.

In terms of technical indicators, Grok noted that the first line of defense for PI is the recent all-time low around $0.17-$0.18. If that support is breached, there are no historical levels to support it on the way down. On the brighter side, however, the RSI is heavily oversold (well below 30), which could result in a “short-term relief rally.”

However, PI needs a bit more (buying) volume, as the current weak levels show “low speculative interest”. According to Gemini, PI can only trigger a more substantial recovery if it recaptures the first key resistance zones at $0.22 and $0.24, where it was rejected earlier this week.

Still the land of the bears

ChatGPT was mostly bearish on PI’s near-term price performance. It claimed that the unfavorable price movements are likely to continue in the coming days, leaving a 60% chance of a bearish continuation.

“If $0.20 does not hold, sellers could push PI to a new low between $0.15 and $0.17.

The low liquidity means that even small sell orders can cause sharp declines.”

Consequently, the chances of a quick recovery are lower – somewhere around 25% to 30%, while a price stabilization and consolidation at these levels has a 15% probability according to the OpenAI solution.

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“Expect continued weakness and possible new lows before any meaningful recovery. Without new momentum or external quotes, PI is likely to trade between $0.17 and $0.23 next week, reflecting a fragile and speculative market phase,” ChatGPT noted at the end.