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📢 Price prediction of Pi Network & analysis as the road to mainnet launch accelerates:🤩🥳🤩🥳

🔥Pi Network, the popular cryptocurrency, is working towards its mainnet launch and token listing, six years after it was launched. This development has been welcomed by pioneers, who have been mining the tokens for years.

📢Pi Network price forecast:😱😱😱😱

🔥It is not possible to trade the Pi Coin since it has not been launched officially. However, some users trade the Pi IoU that is listed by several companies like HTX and MEXC.

On the daily chart, we see that the Pi token has moved sideways in the past few months and was trading at $40, down from the YTD high of $120. Its volume has been quite limited while the Average True Range (ATR) has crashed to its lowest swing since February this year. 

👉Pi Coin is also oscillating at the 50-day and 25-day Exponential Moving Averages (EMA). In technical analysis, this could be that it has moved to the accumulation phase of the Wyckoff Method, which is followed by the mark-up phase. If this happens, it could rebound to over $50 in the coming weeks.

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