📢🚨Price Predictions for the Pi Network: #pi 📢🚨
♦️♦️Pi is regaining strength with updates to the Pi App Studio
✅The Pi Network extends its recovery for the third consecutive day, after a rise of 3.52% on Sunday.
✅The announcement of new updates to the Pi App Studio aligns with the short-term recovery of the currency.
✅Central exchanges are recording a net inflow of 1.59 million PI tokens, indicating that currency holders are taking profits.
✅The Pi Network token (PI) is trading above $0.2200 at the time of writing this report on Monday, maintaining gains of 3.52% from Sunday. The announcement of updates to the Pi App Studio on Thursday aligns with the three-day recovery in the PI token, as bulls aim for the 50-day exponential moving average.
✅However, increasing inflows into central exchange wallets (CEX) indicate large deposits from users, a sign of profit-taking, which may add to upward supply pressure.
