Pi Network Price Today 5/5/2025
The price of Pi on the OKX exchange on May 5, 2025 is fluctuating around the price range from 0.5879 USD to 0.6078 USD (equivalent to 15,270 VND to 15,810 VND. Thus, at the time of writing, the price of Pi on the OKX exchange decreased sharply by 3.0% compared to yesterday, reaching 15,250 VND.
Pi Network price today, May 5, 2025 on OKX exchange is fluctuating between 0.5776 USD and 0.6078 USD, equivalent to about 15,020 to 15,810 VND. At this time, Pi Network price is at about 0.5921 USD, equivalent to 15,380 VND, with a slight increase of 0.9% compared to yesterday.
However, in a broader context, the price of Pi has dropped by about 6% over the past week. This comes as the global cryptocurrency market has been on a recovery trend, suggesting that investor sentiment is somewhat concerned. This decline can be interpreted as a response to technical correction pressure.
Currently, technical indicators are showing not very optimistic signals about the price trend of Pi Network. For example, the RSI (Relative Strength Index) is falling to 39.78, approaching the oversold zone. This shows that selling pressure is increasing, and investors do not seem ready to re-enter the market yet.
In addition, the OBV (On-Balance Volume) indicator, which reflects money flow, has also dropped sharply, currently at -1.26 billion, equivalent to a 15% decrease within a week. The CMF (Chaikin Money Flow) indicator also shows a negative value of 0.15, which confirms that selling pressure is still dominant over buying pressure.
With these signals, the possibility of Pi Network's price returning to the bottom of 0.40 USD is entirely possible if there are no unexpected factors supporting the market. The current situation is causing many investors to consider carefully before making investment decisions.
Pi Network Explodes, Expands to Over 100 Countries, Moving Closer to Legalization
Pi Network price on 5/5/2025 is attracting attention not only because of the market fluctuations but also because of the important steps in legalization and technology development. Pi Network is now present in more than 100 countries, which shows its strong expansion in the global market.
Recently, international payment company BANXA has received a KYB (Know Your Business) license, allowing users in many countries to buy Pi with real money through the Pi Wallet. This is an important step, especially after Pi officially launches its mainnet on February 20, 2025. This will not only increase the number of users but also enhance the transparency and legitimacy of the Pi ecosystem, something the community has long been waiting for.
Investors are now expecting that after the event with BANXA, major exchanges such as HTX (formerly Huobi) and BitMart will soon list Pi. If this happens, Pi's liquidity will be significantly improved, while increasing trading volume and building trust from investors in the international market.
In the long term, if Pi Network continues to expand its regulatory relationships and gain approval from more countries, its value could be reshaped positively. Some experts even predict that if this trend continues, Pi's price could recover to $1.01, the price it was at before the recent decline. This brings hope to investors and users in the Pi Network community.
Source: https://baoquangnam.vn/gia-pi-network-hom-nay-5-5-2025-gia-pi-tiep-tuc-chuoi-giam-3154104.html
Comment (0)