Will PI recover in the coming week? ChatGPT with Pi network price predictions

What awaits PI in the second week of December?

In contrast, the overall market began to recover in early December, with Bitcoin rising above $94,000 and ETH surging above $3,200 at one point. However, PI lagged behind and could not achieve comparable increases. On the contrary, the price has fallen 12% in the past week and is now inches above $0.22.

That’s why we asked ChatGPT for its thoughts on the matter and whether next week will be more positive for PI.

Technical side

OpenAI’s solution presented a bleak outlook for the PI bulls. It noted that overall trading volumes have declined recently, which, combined with the asset’s decline from $0.28 to $0.225 as of now, shows that the near-term trend structure has turned bearish, but that it “has not broken macro support.”

Despite the continued decline, Pi Network’s token remains well above its October all-time low of $0.172. It should recover from the first crucial support at $0.21-$0.22, which would mean “the broader recovery structure remains intact.” However, if it breaks below that, it could retest the October lows.

Should the price rise, PI’s first major hurdle lies at $0.24-$0.25, which seems like a tall order given the general trend over the past week. ChatGPT even warned that PI will likely remain below that level as long as there isn’t a major update that shakes things up a bit.

Most likely scenario

After categorizing a breakout above $0.25 as the least likely scenario, ChatGPT outlined that a bear case – i.e. a drop below $0.20 – is also quite unlikely unless the overall market structure does not collapse. If market conditions remain identical, the company expects PI to trade sideways in the coming week with a lower limit of $0.22 and an upper limit of $0.24.

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“PI’s weekly decline does not necessarily indicate a trend reversal. The token remains structurally stable above $0.21, but momentum has shifted in favor of caution. The next week will be crucial: holding support could set the stage for a recovery, while a breakdown risks extending the correction towards $0.20,” the AI ​​platform concluded.