Pi Network price has plummeted from its all-time high as sentiment among pioneers and investors waned and concerns about future token unlocks rose. Pi coin has crashed by over 50% from its all-time high. This article explores whether the value of Pi can rebound and hit the IOU level of $100.
Power of 3 Pattern Points to a Pi Network Price Rebound
A popular crypto analyst with over 327k followers on X has come up with a bullish Pi Network price prediction even as its price continues to crash.
He cited a popular view known as the Power of Three (Po3) to justify this view. This pattern consists of three key phases: accumulation, manipulation, and distribution.
The accumulation phase is identified by a narrow trading range, which the Pi coin price went through a few days ago. It has now moved into the manipulation phase, where it has several misleading price movements.
After this, he expects the value of Pi to go parabolic, and retest its all-time high of $3. More gains will be confirmed
We współpracy z: https://coingape.com/markets/can-pi-network-price-hit-100-iou-level/
