The Pi Network price experienced a 4 percent increase during the last 24 hours since the rollout of its Migration Roadmap. Community members react differently to the new roadmap for network transition to Mainnet despite its purpose of guiding the process.
Finding immediate success in market valuation despite lacking crucial implementation timelines and step-by-step development plans. The adoption rate decreased because users expected detailed information about development advancement, which remained unclear after the new Migration Roadmap was released.
The migration plan consists of three phases according to the roadmap, yet it does not indicate any particular dates or benchmarks for completion. Inconsistencies in timeline definition have led Pi stakeholders, including balance discrepancy holders, to develop ongoing frustration since they need clear paths to settle their issues.
Some community members now doubt the project’s transparency because the team announced that the initial token creation occurred at Genesis. About 108 million tokens became available for withdrawal this month, which has caused users to ask for better guidelines on future distribution and migration procedures.
Resistance Levels Remain Strong as Traders Await Clear Direction
Pi Network stabilized its trading value at $0.64, as it stands before resistance hits $0.66. The price, continuing its upward trend potential, faces challenges from powerful resistance barriers that block its movement.
Market volatility during upcoming sessions appears likely because the Ichimoku Cloud currently maintains its size and slope. The token operates under constant pressure while being prone to rejection unless it manages to surpass the critical resistance level at $0.66.
Momentum indicators reflect cautious optimism. The recent peak of the Relative Strength Index at 53.77 follows its bottom point of 32.34, indicating a moderately positive trend. Market sentiment shows signs of slowing down since the price hit its maximum point of 57.25 because it has started moving downward.
The token will advance toward $0.789, which is potentially followed by $0.858 whenever it breaks through the cloud resistance area. A breakout achievement can potentially advance the token value toward $1.23 or $1.79. The price might fall towards $0.54 or drop to $0.40 if support levels cannot stay in place.
Dr. Altcoin, an expert in the field, predicts that Consensus 2025 will prove vital for network development. The upcoming Consensus 2025 event will allow the Pi Core Team to benefit from publicity, so they should prioritize KYB approvals for new DApps deployment.
During Consensus 2025, the Pi Network founder Nicolas Kokkalis will interact professionally with Bo Hines and Eric Trump. The project receives increased visibility because it attends the international blockchain event.
Conclusion
The short-term price increase of Pi Network depends heavily on both technical barriers and public perception within its community base. The Migration Roadmap remains ambiguous since the recent developments have drawn some attention but not provided clarity. The impact of Consensus 2025 will determine whether it becomes significant because of Core Team actions moving forward into the next few weeks.
