Pi Coin Price Prediction for Today (June 5)

Pi Coin is hovering just above its fragile support range after a slow drift lower throughout late May. The token is currently trading at $0.6575, following a modest 1% uptick over the past day. However, the broader trend remains cautious, as trading volume has dropped sharply, down by more than 31% compared to previous sessions.

Let’s break down today’s outlook.

📅 What We Got Right Yesterday

In our previous outlook, we identified $0.63 as a key support level and projected that Pi Coin price was likely to continue trading sideways between $0.63 and $0.66. That scenario held firm throughout the session. Price action remained muted, and the token ranged tightly between $0.645 and $0.656, showing no signs of a breakout or breakdown.

We also noted that most technical indicators were aligned in a bearish direction, warning of weak momentum and limited buyer engagement. That view remains intact as of this morning, with no significant improvement in the setup.

📊 Pi Coin Daily Overview (June 5)

• Current Price: $0.6575
• 24h Change: +1.00%
• 4H RSI: 41.77
• Volume: Down 31.70% from the previous day

Pi Coin price continues to consolidate just above the $0.63–$0.65 zone. Resistance remains nearby at $0.66, which capped upside attempts again overnight. With narrow candles and no follow-through, the current structure reflects a lack of conviction from both bulls and bears.

🔍 What the Pi Coin Chart Is Showing

The daily chart still reflects a descending trend that started in mid-May after a failed rally near $1.75. Price is forming lower highs and testing previous accumulation zones. There’s potential for a descending triangle structure forming between $0.66 resistance and the $0.63 support line.

If the $0.63 level breaks, the Pi Coin chart could unlock lower targets near $0.60 or $0.58. On the other hand, a clear move above $0.66 could create room for a test of $0.70.

📈 Technical Indicators (Daily Timeframe)

Summary: All indicators remain on the sell side. There is no confirmation of a reversal, and the downtrend remains the dominant force on the daily chart.

🔮 Pi Coin Price Prediction Scenarios

Bullish Scenario: A clean break above $0.66 with rising volume could push Pi Coin toward $0.70. However, indicators do not currently support this setup.

Neutral Scenario: Pi Coin price continues to move sideways between $0.63 and $0.66. This is the most likely outcome, supported by low volume and lack of direction.

Bearish Scenario: A breakdown below $0.63 may trigger a move toward $0.60 or $0.58, especially if volume fades further and selling pressure increases.

🧠 Wrapping Up

Pi Coin price continues to tread water near support. After its mid-May rally collapsed, the token has entered a consolidation phase with a bearish tilt. Technical indicators remain aligned in a downward direction, and no major trend reversal is in sight.

For now, the $0.63 support is the critical level to watch. If that breaks, the path to lower targets could accelerate. If bulls want to regain control, reclaiming $0.66 and pushing toward $0.70 is essential. Until either level breaks, the token is likely to remain stuck in a tight range.

Read Also: Uniswap (UNI) Price Just Hit Its Launchpad Zone Again – Is a Parabolic Move Coming?

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Read our recent crypto market updates, news, and technical analysis here.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.