Pi Network (PI) Price predictions for the coming week

PI has been among the top performers lately, can this continue?

In fact, on a weekly scale, PI is up 13%, making it the 59th largest cryptocurrency by market cap at the time of writing. That’s why we decided to ask ChatGPT what’s in store for the token in the coming week.

What’s next, PI?

Perhaps a significant portion of PI’s latest gains can be attributed to some updates the team has announced in recent weeks. The first involved the Pi App Studio and aims to enable both novices and more advanced developers to improve the editing procedures for their applications.

Another one outlined earlier this week came in the form of a partnership between Pi Network and CiDi Games, aimed at the gaming audience. In addition to these fundamental upgrades within the ecosystem itself, which will likely impact the underlying value, ChatGPT also emphasizes the technical aspects of PI.

It said the token remains firmly above the early short-term support at $0.23 as buyers have “repeatedly intervened on dips.” However, the main resistance remains around $0.26-$0.27, which was tested in October but did not succumb for long.

If the price falls, ChatGPT says, PI will enter a prolonged bull phase, with targets reaching $0.33 in the coming week. However, another rejection could lead to another decline towards USD 0.20, especially if the USD 0.23 support breaks.

Gradually upward

OpenAI’s solution believes that PI is one of the few altcoins that focuses on “gradual upside” rather than explosive but short-term rallies, which have occurred in the past but each resulted in a subsequent and violent correction.

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It described it as “one of the most resilient tokens on the market, and its technical data suggests it could continue to outperform other altcoins.” The most likely scenario for next week would be a sideways trading phase between $0.24 and $0.28.

The bull scenario foresees a rise to the $0.33 target mentioned above, while the worst-case scenario, barring a black swan, would be a dip to $0.23. For now, however, ChatGPT remains bullish on PI’s future price movements, saying “as long as the price remains above $0.23, the path to $0.28-$0.20 remains open.”