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Pi Coin Price Prediction: Can PI Bounce Back After Recent 68% Drop?

  • Pi Network (PI) has experienced a significant drop of over 68% in the past four weeks amidst the bearish crypto market.
  • The Pi team has faced difficulties in maintaining momentum and has attempted various network updates, but without success.
  • The current price of PI is testing a major support level, and a breach could lead to further selling pressure.
  • A potential rebound from the support level could initiate a new bullish rally, but the previous sell-off by early adopters may hinder upward momentum.

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