Pi Coin (PI) Price Prediction for Today (May 15)

Pi Coin cooled off a bit yesterday after its big breakout earlier this week. The price had soared past the $1.30 mark but has since pulled back

Pi Coin price had a stellar run earlier this week, but it ran into some resistance on Friday. The coin dropped over 12% on the day, sliding from highs above $1.30 to around $1.07.

Trading volume also dipped by 11%, which suggests that some traders were locking in profits and that momentum took a hit. However, the bigger picture hasn’t changed much.

Most indicators are still leaning bullish, and Pi Network price is holding above the old downtrend line that it broke through earlier this month. The key question now is whether Pi Coin can stay above the $1.00 to $1.10 zone. If it holds, the uptrend might still have legs. If it breaks, things could get choppy again.

What the Pi Coin Chart Is Showing

The daily chart still shows a classic breakout-retest setup. After trading in a long downtrend for months, Pi Coin price broke through the descending resistance line in early May and surged past $1.30. The rally was supported by multiple strong green candles, showing increased demand and momentum.

Now, the price is hovering just above the breakout area. The recent red candle with a long upper wick suggests rejection near $1.30 and hints at selling pressure. If bulls can defend the $1.05–$1.10 range, the pullback may simply be a healthy pause before the next move higher. A break below this level, however, could open the door to a decline toward the $0.75 zone.

Read Also: Chainlink (LINK) Gearing Up for a Rally as Analyst Maps Out Next Big Target

Technical Indicators (Daily Timeframe)

Indicator Analysis (Textual)

RSI and CCI are above typical thresholds, signaling strong momentum but also suggesting that a temporary pullback may be needed. MACD continues to show a bullish crossover, supporting the idea that the trend has not yet reversed.

The ROC remains very high, indicating rapid price acceleration, which can often lead to a short cooling-off period. Bull/Bear Power also favors buyers, though the advantage has weakened slightly.

Pi Coin Price Forecast for Today (May 15)

Here is today’s pessimistic, optimistic, and realistic price prediction for Pi Network, considering technical analysis:

Pessimistic Case

If sellers return and break the $1.05 support level, Pi Coin could continue falling. The next Fibonacci retracement zone at $0.75 might offer some support.

Realistic Case

It’s likely that Pi Coin will find support around the $1.00 to $1.10 zone and attempt to rally again. The Fib retracement levels at $0.75 and $1.70 could be used to set targets for the upcoming move.

Optimistic Case

If buyers manage to defend the $1.05 area and push higher, Pi Coin could retest the $1.30 resistance or even attempt to break through to reach new highs.

What We Got Right Yesterday

In our May 14 prediction, we anticipated that Pi Coin would trade within the $1.18–$1.35 range, with a possible breakout depending on volume and support strength at $1.05.

While the price failed to hold above $1.18, our warning about a possible dip toward $1.05 played out accurately. The indicators suggested a pullback was due, and the retracement confirmed that scenario while keeping the broader trend structure alive.

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

News data source: kdj.com

The above is the detailed content of Pi Coin (PI) Price Prediction for Today (May 15). For more information, please follow other related articles on the PHP Chinese website!