#Trump–Musk Rift Pi Network's price has indeed been volatile lately, currently stuck around $0.50-$0.62 range. The recent crash is attributed to various factors, including a massive 70% decline since February 26, 2025, when it peaked at $3. Here's what's shaping the current market¹ ² ³:

- *Double-Bottom Pattern*: Pi Network's chart shows a double-bottom pattern, indicating a potential bullish reversal. This pattern has a neckline at $1.6728, and a breakout above this level could signal a strong surge.
- *Falling Wedge Pattern*: The coin has also formed a falling wedge pattern, which is a bullish continuation pattern. A breakout above this wedge could lead to a price increase.
- *Whale Activity*: Whales are moving tokens from exchanges to self-custody, indicating a potential long-term hold. This could reduce selling pressure and drive the price up.
- *Upcoming Events*: The Pi Network team has hinted at major announcements, including potential exchange listings and ecosystem updates, which could boost the price.

*Price Predictions:*

- *Short-Term*: Analysts predict a potential breakout to $1 in the near term, with some estimates suggesting a 100% increase from current levels.
- *Long-Term*: Pi Network's price could reach $5.00-$5.20 by the end of 2025, with some predictions suggesting a potential surge to $10 or even $1000 in the future.⁴

*Key Levels to Watch:*

- *Support*: $0.4016-$0.5645 is a crucial support level. A drop below this level could invalidate the bullish outlook.
- *Resistance*: $0.7421 is a key resistance level. A breakout above this level could signal a shift in sentiment and potentially trigger a larger recovery.