Pi Network price prediction experts are currently suggesting that a potential 3x rally to $1.70 by mid-May 2025 could be in the cards, even though the cryptocurrency is trading at around $0.61 at the time of writing. Recent Pi Network analysis certainly shows some downward pressure, but various analysts and experts are actually pointing to an upcoming catalyst that might trigger a significant Pi Network breakout in the coming weeks.

Pi Network price chart showing recent downtrend with current price around $0.61
Source: TradingView

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Pi Network Rally: Mid-May 2025 Breakout Could Drive Price to $1.70

Pi Network coin with π symbol on gold background
Source: The Network Journal

Consensus Summit Catalyst

The Pi Network price prediction outlook could dramatically improve due to the upcoming Consensus Summit that will take place next month. Widely followed analystDr Altcoin has recently stated:

“I am fairly confident that the price pumping of Pi might start during the Consensus Summit (May 14-16, 2025) rather than at the end of August when Pi unlocking significantly reduces.”

Pi Network will also be a sponsor of this major crypto event, and additionally, founder Nicholas Kalallis is scheduled as a speaker. This kind of high-profile exposure could potentially trigger the anticipated Pi Network rally that many investors are hoping for.

Technical Analysis Points to $1.70

Positive price targets for Pi cryptocurrency were identified by experts at $1.70 since this numeral represents 50% of the Fibonacci retracement from its April minimum to its peak value.

Pi Network price chart with Fibonacci retracement levels showing $1.70 target
Source: TradingView

Michael Davis, an analyst tracking Pi Network, had this to say:

“The Pi Network price has turned lower again in recent days, despite resilience in the broader crypto market.”

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Right now, current technical indicators are showing some early signs that selling momentum might be slowing down a bit. The RSI is sitting at 40.98 while the MACD shows a slight positive value of about 0.0189, which some traders see as a potentially bullish signal.

Token Unlocks and Future Outlook

Token unlocks that followed after the Open Network launch in February of this year definitely affect the Pi Network price prediction. These unlocks have increased supply and put pressure on prices, with the token falling over 80% from its peak of $3.0 in just a few months.

Paul Adedoyin, another cryptocurrency analyst, was clear about the fact that:

“The slight positive value of the MACD is proof that there is a drop in selling momentum. However, there’s no clear indication that a strong upward momentum is about to start.”

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A $1.70 prediction for the Pi Network captures potential gains that appeal to investors while experts expect Pi unlock rates to become significantly reduced by August 2025 to support analysis of an upcoming price breakout.

Technical chart showing Pi Network's RSI and MACD indicators with trading volume
Source: TradingView

Many analysts are suggesting that the current Pi Network price prediction presents an interesting opportunity for high-risk-tolerant investors, with the potential for a 3x return if the anticipated Pi Network rally actually materializes in the coming months.

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