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Pi Network About to Breakthrough? New Roadmap Creates a 4% Rise Amid Contradictory Reactions
Pi Network has increased by more than 4% in the past 24 hours after launching the Mobility Roadmap. Although the token is showing some signs of recovery on several indicators, it is still too early to confirm an upward trend. While technical indicators such as the Ichimoku Cloud and RSI suggest that prices may be recovering, they are still facing strong resistance that is preventing a clear breakout. In addition, many in the Pi Community feel disappointing because the new Mobility Roadmap is not clear enough, which adds to the uncertainty about the next direction of the price. Users are disappointing due to lack of detailed information. Pi Network has released the Mainnet migration roadmap, but there is no specific date and clear detailed information, which is disappointing for users. The roadmap outlines three phases, but does not provide a timeline, causing uncertainty. Some users have noticed discrepancies in their account balances, with no way to resolve it. Additionally, the statement that all tokens were minted at genesis has sparked controversy, raising concerns about the project's transparency. With 108.9 million tokens being unlocked this month, users are uncertain about how the transition will take place. These issues are undermining trust in Pi Network. The Pi Network still faces resistance. It is trading just below the Ichimoku Cloud, an important resistance area indicating that buyers are trying to push the price up. Although the price has created some higher lows and suggested a potential recovery, it has not yet broken through the resistance level. In addition, the market has not yet seen a strong price increase, indicating that short-term momentum is weaker than the medium-term trend; therefore, it is not a clear signal to buy. Traders are cautious and are waiting for stronger signals before making any major moves. Additionally, the Ichimoku Cloud is becoming thicker and more inclined, indicating that prices may fluctuate more sharply. If Pi breaks above the cloud, it could signal a strong bullish trend. However, until that happens, Pi remains in a vulnerable position with the risk of rejection still possible. The RSI of Pi Network has bounced back to 53.77 from 32.34, indicating a recovery. However, after peaking at 57.25, it has cooled off a bit, weakening the bullish momentum. The RSI is in the neutral-bullish zone, showing moderate strength but still far from overbought levels. If the momentum continues, there is potential for growth, but caution is still needed as the trend is not yet solid. Main resistance level Pi Network ( is testing the main resistance level at $0.66. A breakthrough could push the price up to $0.789 and $0.858, potentially rekindling the bullish momentum. A successful breakout could drive PI up to $1.23 or $1.79. However, the disappointing clarity of the migration roadmap adds to the uncertainty. If PI does not break through $0.66, it could drop to $0.54 or $0.40. The next few sessions are very important to determine the direction of the token, heavily influenced by both technical signals and community sentiment, waiting for a clear breakthrough or decline. Focus on the consensus of 2025 Next With the Consensus 2025 event approaching, excitement is growing within the Pi Network community. Analyst Dr. Altcoin points out that this event is a great opportunity to promote Pi Network, especially as Pi founder Nicolas Kokkalis prepares to share the stage with figures like Bo Hines and Eric Trump. Breakthrough for Pi Coin? Dr. Altcoin believes that Consensus 2025 could be a turning point for Pi Network, but only if the Pi Core Team acts quickly. He urges them to approve all KYB applications and officially launch DApps in the Pi ecosystem ahead of the event to maximize the opportunity for global attention and enhance the reputation as well as the development of Pi. The Pi Core team has less than a month to approve KYB and launch the DApp before Consensus 2025, as delays have caused some projects to move to other blockchains. Pi is currently priced at around $0.64, but with upcoming developments and the potential for adoption by major institutions, some believe it could reach $30, although short-term volatility remains a concern.