Pi Network’s token is showing some resilience amid broader crypto market weakness, with price retesting resistance above $0.16 despite key losses for Bitcoin and major altcoins.

The PI token traded to its intraday highs on a slight uptick in daily volume as on-chain data reveals a sharp decrease in token balances on centralized exchanges (CEXs).

While the upward move from lows of $0.13 on February 11 suggests bullish resilience, PI must extend gains above the latest barrier level to give buyers an upper hand.

Testing the key level amid broader crypto sentiment means a potential downward flip could follow if profit-taking deals mount.

Pi Network sees over 700,000 PI exit exchanges

PiScan data reveals CEX balances have shrunk sharply in the past 24 hours, with more than 778,434 PI tokens leaving CEXs such as OKX, Bitget, and MEXC.

The outflows suggest strong holder conviction, and are key to the reduced selling pressure currently helping bulls hold the advantage.

Net outflows indicate accumulation rather than distribution.

Buyers could capitalize on this outlook to drive prices higher, more likely if the broader market sentiment improves.

Despite CEX outflows, the PI price is signalling upside potential amid Pi Network’s Open Network expansion.

The project has accelerated its KYC verifications and mainnet migrations.

Meanwhile, the Pi Core Team sees  milestones such as the release of details on the Ecosystem Token Design as crucial steps.

The Pi Request for Comment (PRC) for community input is among ecosystem developments that are adding to investor confidence.

Pi Network technical outlook

Despite the intraday gains, Pi Network’s price remains 9% down this past week.

The token is also in the red over the past month and year-to-date time frames, about 11% and 20%, respectively.

PI’s technical picture shows sentiment is largely bearish, with oscillators neutral. However, moving averages are leaning “strong sell”.

Bulls could muster upward momentum if prices stabilize above the $0.15. Support here and increased volume could allow PI to target $0.18 and then $0.27.

However, bears may yet dominate if bulls fail to hold above a downtrend line going back to the October 10, 2025, crash.

Should short-term losses accelerate below $0.15, major support lies around $0.13, an area that marked PI’s all-time low on Feb 11.

Indicators like MACD and RSI on the daily chart are offering a mixed outlook.

The MACD suggests a bearish crossover, while the RSI sits at 46 and outlines a possible leg up.

PI price, like most cryptocurrencies, will likely track risk asset sentiment and performance in the short term. Macroeconomic and geopolitical factors will be key catalysts.

The post PI holds $0.16 as 778K tokens leave exchanges: rebound brewing? appeared first on CoinJournal.

PI holds $0.16 as 778K tokens leave exchanges: rebound brewing?

Source: https://coinjournal.net/news/pi-holds-0-16-as-778k-tokens-leave-exchanges-rebound-brewing/

Pi Coin is marking a difficult anniversary as selling pressure continues to weigh on the price.

The past year has been one of big promises, uneven delivery, and fading market confidence.

As the open mainnet clocks its first birthday, many holders are still waiting for clarity.

The token’s price action reflects that uncertainty.

A one-year milestone filled with mixed signals

The first year of the open Pi Network mainnet was supposed to be a turning point for the ecosystem. Instead, it has highlighted how far the project still has to go.

Pi Network has expanded its infrastructure and rolled out several technical upgrades.

These updates were meant to improve stability and prepare the network for broader use. At the same time, millions of users have successfully migrated to the open mainnet.

That progress shows the scale and ambition behind the project. Yet a large group of early participants remains stuck.

Many users report locked balances, incomplete migrations, or stolen coins.

KYC delays and new verification requirements have slowed access for others. This gap between development milestones and user experience has hurt sentiment.

Confidence is hard to rebuild when access to funds feels uncertain. That frustration has quietly spilt into the market.

Pi Coin price performance tells a harsh story

Pi Coin’s market performance over the past year has been unforgiving. After peaking near $3 shortly after trading began, the token has lost most of its value.

Recent data shows the price hovering near $0.17.

That represents a decline of more than 90% from its all-time high of $2.99. Short-term rallies have appeared, but they have not lasted.

Each bounce has been met with renewed selling pressure. Profit-taking has become a recurring theme.

Large token transfers to centralised exchanges suggest that holders are eager to exit on strength. Trading volume, however, remains modest compared to the size of the circulating supply.

This imbalance keeps upward momentum fragile, and the market is clearly struggling to find a strong base.

Pi Network adoption hopes clash with market reality

On paper, the ecosystem continues to grow with new tools, developer initiatives, and venture funding underway.

The idea is to build real use cases beyond speculation.

However, the market is focused on what exists today, not what may come later.

Liquidity remains thin relative to supply, and major exchange listings are still limited, restricting price discovery and keeping many institutional players on the sidelines.

While community optimism remains, it is more cautious than before. Many long-term supporters now want results instead of roadmaps.

Until access issues are resolved at scale, confidence may remain fragile. This tension between vision and execution defines the current phase.

Pi Coin price forecast

From a trading perspective, Pi Coin is sitting at a critical crossroads. The area around $0.18 has acted as a stubborn resistance zone.

Repeated failures to break above it suggest weak buying conviction. A daily close above this level would be the first sign of renewed strength.

Above $0.18, traders will be watching the $0.20 region closely.

That zone previously marked a short-term peak and heavy selling. On the downside, $0.17 is now an important psychological level.

A sustained move below it could expose support near $0.15. If selling accelerates, a deeper pullback toward $0.13 cannot be ruled out.

Momentum indicators remain mixed, leaning slightly bearish. This suggests consolidation or further downside before any meaningful recovery.

The post Pi Coin under bear pressure as Pi Network turns one appeared first on CoinJournal.

Pi Coin under bear pressure as Pi Network turns one

Source: https://coinjournal.net/news/pi-coin-under-bear-pressure-as-pi-network-turns-one/

Pi Network extended its declines on Tuesday as the price crashed to a new all-time low of $0.22.

However, with bulls notching a small bounce on the day, it’s likely the profit-taking could allow for a notable buy-the-dip opportunity for bulls.

A turbulent few days for crypto nonetheless means market mood has flipped slightly bearish, but could PI price bounce amid potential broader market tailwinds in the coming months?

Pi price plunges to record low

PI is trading at around $0.28, up by nearly 4% in the past 24 hours.

While this marks a slight bounce from an all-time low of $0.22, the altcoin remains 20% down in the past week.

The sharp drop witnessed on September 23, 2025, when PI nosedived from highs of $0.36, also adds to the bearish picture that has the token down 90% from its all-time peak of $2.98 reached in February 2025.

Currently, PI price sits below the critical support zone at $0.30.

However, with the price slightly up amid a 16% decrease in daily trading volume, a flip in sentiment may materialise.

Notably, Pi Network has faced downward pressure amid a recent token unlock that saw 160 million PI tokens enter circulation.

The flooding of the market with additional supply contributed strongly to the price decline.

Macroeconomic pressures also added further pain, with panic selling as risk assets swung, emboldening bears.

But analysts say September doldrums could give way to “Uptober”.

“The tone has shifted from panic to recalibration,” QCP Group noted. “The Fed’s 25 bp insurance cut reopened the easing path, but dots signaled only measured dovishness. Long rates climbed while equities hit fresh highs and gold briefly topped $3.7k.”

Is PI price set for breakout recovery?

The grim short-term outlook also includes PI’s relative strength index near oversold territory.

At 31, the RSI reading suggests a possible short-term recovery is inbound.

RSI on the daily chart, as shown below, is upsloping from the oversold territory, and if buying pressure emerges across the market, a flip in this indicator may signal potential gains to $0.50.

The moving average convergence divergence indicator, however, gives a bearish crossover outlook.

This suggests a decisive upside direction will only materialise if bulls reclaim the key level around $0.30 and see another leg up.

A break above the $0.35 resistance could pave the way for a recovery toward $0.50, though failure to hold current levels may see PI revisit $0.22, potentially opening up a path for more pain for bulls.

Profit-taking and market volatility are the two immediate factors to consider, while whale accumulation and network growth amid broader market gains constitute pointers to the long-term outlook.

The post Pi Network price forecast after PI hits $0.22 all-time low appeared first on CoinJournal.

Pi Network price forecast after PI hits $0.22 all-time low

Source: https://coinjournal.net/news/pi-network-price-forecast-after-pi-hits-0-22-all-time-low/

Pi Network (PI) has crashed more than 20% in the past 24 hours as a major crypto downswing has top altcoins bleeding.

The PI token price now hovers around $0.28 after dropping below the key level of $0.30 amid Bitcoin’s sharp decline to near $112k.

Amid a sector-wide sell-off, is PI’s trajectory set for further pain? Or can bulls defend critical thresholds in the short term?

Pi Network nosedives 20% to key support

Pi Network’s PI token plummeted more than 20% on September 22, 2025, settling near $0.28 at the time of writing.

The altcoin’s price tested lows of $0.22, an all-time low for a cryptocurrency that spiked to highs of $1.24 in May and hit its all-time high near $3.00 in February 2025.

Declines have propelled the PI token to a pivotal support zone around the $0.28–$0.30 zone.

This downside has come amid a sharp ascent in daily trading volume, a scenario that points to the frantic activity as bulls look to the dip and bears eye fresh lows.

Notably, Pi Network’s downturn mirrors a brutal market rout.

Most major coins were bleeding red as Bitcoin crashed to near $112,000, and the global crypto market saw over $1.7 billion in value wiped off in one of the steepest price dips in months.

Per Coinglass data, more than $1.7 billion was liquidated across the cryptocurrency market in 24 hours.

Most of this, about $1.61 billion, was in long positions and only $85.8 million in short positions.

Bitcoin and Ethereum saw $276 million and $483 million in 12-hour liquidations, respectively.

As Ethereum dropped to near $4,100, down more than 6% on the day, other altcoins followed suit.

Solana shed 8%, XRP nearly 7% and Dogecoin stumbled to near $0.23.

Despite broader optimism, macroeconomic jitters allowed for a bearish flip.

Analysts attribute the cascade of bloodbaths across leveraged positions to panic selling.

PI price forecast – short-term outlook

The market’s performance paints a likely short-term picture for Pi Network.

Notably, technical indicators signal potential for prolonged consolidation or mild recovery if support holds.

Over the coming weeks, the key levels to watch will be $0.28–$0.22 area, with subdued on-chain activity adding to this outlook.

However, a bullish reversal might emerge if top alts and Bitcoin see a notable spike and prices stabilise above key levels.

Recent ecosystem upgrades like token lock-ups for enhanced mining rewards and decentralised KYC are likely catalysts.

The flipside is that bears take control and push for the $0.20 region.

The post Pi Network price forecast as crypto bloodbath sinks altcoins appeared first on CoinJournal.

Pi Network price forecast as crypto bloodbath sinks altcoins

Source: https://coinjournal.net/news/pi-network-price-forecast-as-crypto-bloodbath-sinks-altcoins/

Pi Network’s native token, PI, is showing renewed signs of life after weeks of sluggish performance, supported by ecosystem expansion, protocol upgrades, and whale accumulation.

The upcoming V23 Protocol Upgrade on September 15 has become a key catalyst, drawing attention to whether PI Coin can sustain its recent rebound or slip back into weakness.

Bulls test a fragile breakout

PI Coin has managed modest gains in recent sessions, climbing more than 3% in the past 24 hours to trade around $0.3549.

This rebound comes after a month-long decline of nearly 12%, reflecting cautious optimism among traders.

Analysts note that the token has been testing the upper boundary of a falling channel, with a close above $0.3610 needed to confirm a breakout.

If that move is sustained, the next obstacle sits at the 50-day exponential moving average near $0.3836.

Technical indicators are also showing bullish signals, with the MACD line and its signal counterpart on a steady uptrend, hinting at growing bullish momentum.

The RSI has also recovered toward neutral territory near 50, showing an increase in buying pressure after weeks of subdued sentiment.

According to market analysis by CoinLore, holding above $0.3426 is critical for bulls to target higher levels, with resistance levels set at $0.4767, $0.5931, and $0.7742.

Ecosystem expansion fuels renewed optimism

Beyond technicals, Pi Network’s ecosystem expansion has provided fresh energy.

The launch of PiOnline, a hybrid gaming and DeFi application with staking and DAO governance, has been well-received by the community.

In addition, Pi has taken a Gold Sponsorship slot at the upcoming Token2049 conference in Singapore, offering the project a major visibility boost at a global Web3 event.

Dr. Chengdiao Fan, one of two Founders at Pi Network, will be a speaker at the TOKEN2049 conference, which takes place on October 1-2 in Singapore! https://t.co/npzT9pDUiJ

As one of the largest crypto events in the world, this conference is a great opportunity for Pi Network to…

— Pi Network (@PiCoreTeam) September 8, 2025

On the protocol side, version 23 of the network introduces decentralised KYC processes and Linux node support, marking significant steps toward scalability and regulatory compliance.

Meanwhile, developer activity has been rising, with 37 new projects launched on the Testnet at the start of September.

These include DeFi and gaming apps, alongside the anticipated V23 upgrade that promises to improve cross-chain interoperability.

Such progress has been seen as a sign that Pi is pivoting beyond its mining-focused origins and moving closer toward becoming a functioning ecosystem with tangible utility.

Whale activity stirs speculation

While retail demand has softened in recent weeks, on-chain data shows a different story from larger players.

A mysterious whale wallet, identified as “GAS…ODM,” has accumulated more than 350 million PI tokens, valued at over $124 million.

Another large holder reportedly controls more than 373 million PI.

This kind of accumulation often signals confidence among big investors and has led some analysts to suggest that Pi may be in the Wyckoff accumulation phase, which can precede sharp rebounds.

That said, supply dynamics remain a risk, with around 159.5 million tokens unlocking daily through September, adding up to roughly $56.7 million in a month.

This constant flow could dilute prices if demand does not keep pace.

Pi Network price forecast

As the V23 Protocol Upgrade approaches, Pi Network sits at a critical juncture. The coming weeks will reveal whether the token’s rebound can extend into a sustainable rally or if supply pressures will drag it back toward recent lows.

The short-term outlook for Pi hinges on whether the token can hold above its seven-day simple moving average around $0.344.

A failure to maintain that support could open the door to another test of the August low near $0.322.

On the flip side, breaking above the $0.3610 trendline and sustaining momentum could pave the way toward the $0.3836 level and potentially higher resistance points outlined by analysts.

Longer term, the combination of whale accumulation, fresh protocol upgrades, and greater accessibility through partnerships like Onramp Money may help to strengthen Pi’s position in the market.

The project’s challenge will be balancing supply inflation with real adoption and securing listings on major exchanges such as Binance or Coinbase to unlock deeper liquidity.

The post Pi Network price forecast ahead of the V23 Protocol Upgrade appeared first on CoinJournal.

Pi Network price forecast ahead of the V23 Protocol Upgrade

Source: https://coinjournal.net/news/pi-network-price-forecast-ahead-of-the-v23-protocol-upgrade/

The native token of Pi Network, Pi Coin, has recorded its sharpest gain in weeks after months of bearish pressure.

At press time, PI was trading at $0.3534, up 3.2% in the past 24 hours.

The rally comes after Pi Network announced a major infrastructure upgrade and the release of a Linux-compatible version of its Node software, a move that is being seen as a crucial step toward mainnet activation.

Linux Node release signals stronger foundation

The release of the Pi Node for Linux marks a turning point for the project.

Until now, Pi Nodes were limited to macOS and Windows, which left operators and exchanges that rely on Linux systems on the sidelines.

By expanding to Linux, the network has opened its infrastructure to a wider set of users, service providers, and partners.

The Linux Node is designed to run standardised software that can auto-update, reducing the burden of manual maintenance.

This not only strengthens network stability but also minimises the risk of fragmentation.

For exchanges, which had long requested such compatibility, the upgrade lowers integration barriers and enhances the likelihood of smoother listings in the future.

Protocol upgrade prepares Pi for smart contracts

The Linux launch comes alongside Pi Network’s preparation for its most anticipated blockchain upgrade.

The network is rolling out protocol version 23, which introduces Know Your Customer (KYC) verification directly on-chain and paves the way for smart contract support through Stellar’s protocol 23 upgrade.

The transition is being carried out gradually, starting with Testnet1, then moving to Testnet2, before finally reaching the mainnet in the coming weeks.

The Pi Core Team has cautioned that minor outages may occur during the process, but users will be notified in advance.

Pi has released a Linux Node version and is preparing protocol upgrades. The highly requested Linux Node will provide standardized and easier infrastructure for partners and services. https://t.co/N9xIujj97I

There will also be an upcoming rollout of protocol upgrades that begins…

— Pi Network (@PiCoreTeam) August 27, 2025

Once complete, the upgrade is expected to align Pi more closely with global identity standards, including ERC-3643, while also enabling a new wave of decentralised applications to be built on its infrastructure.

Growing adoption and user verification

Beyond its technical upgrades, Pi Network continues to grow its verified community.

The team recently confirmed that more than 14.82 million users have completed KYC and migrated to the mainnet.

This milestone is significant because it allows for integrations that require verified identities, making Pi more appealing to potential partners, service providers, and regulated exchanges.

The push toward on-chain KYC also reflects a broader trend in the crypto industry, where identity and compliance are increasingly seen as prerequisites for mass adoption.

By embedding KYC within its blockchain, Pi is positioning itself as a network that bridges decentralised participation with regulatory trust.

Pi Network price outlook improves

Pi Coin’s price action has mirrored the optimism around these upgrades.

The token has rebounded from its all-time low of $0.3312 reached just days ago, climbing back into the $0.35 range.

Technical indicators suggest a potential shift in momentum, with the Relative Strength Index (RSI) forming a bullish divergence against recent price lows.

If buying pressure continues, analysts see room for the coin to test resistance near $0.40, which aligns with its 50-day Exponential Moving Average (EMA).

A successful breakout could open the door for a larger rally toward $0.60 in the months ahead, especially if exchange listings materialise.

On the downside, however, Pi coin remains closely tied to broader market sentiment and Bitcoin’s movements.

Any sustained weakness in the wider crypto market could push PI back toward $0.30 support.

The post Pi Network launches Linux Node and protocol upgrades: PI coin sees largest gain in days appeared first on CoinJournal.

Pi Network launches Linux Node and protocol upgrades: PI coin sees largest gain in days

Source: https://coinjournal.net/news/pi-network-launches-linux-node-and-protocol-upgrades-pi-coin-sees-largest-gain-in-days/

Pi Network (PI) is down 5% in the past 24 hours as it trades around $0.58, with the declines coming after the cryptocurrency rode overall bullish waves to rise nearly 20%.

The PI token is down from highs of $0.66 reached on Wednesday, with this flip lower threatening to derail the recovery seen since the drop to $0.46 this past weekend.

However, can buyers tap into Pi ecosystem strength, notably the integration of generative Artificial Intelligence (AI) to make upward moves?

PI price drops 5% after notable uptick

Pi Network’s recent price gain from lows of $0.46 highlighted a notable 20% spike to highs of $0.66.

The upside aligned with the broader cryptocurrency market upswing, which saw Bitcoin break to $108k and eye a rally to $110k.

Altcoins have also capitalized on renewed investor confidence, with Ethereum, XRP, Solana, and BNB near key levels.

However, the gains for Pi Network appear to have welcomed profit-taking deals as the token has dipped under $0.58.

Despite this, data from Santiment has highlighted a spike in social volume.

An uptick in chatter, coupled with overall sentiment signaling community enthusiasm.

Hints from the Pi Network team about integrating generative AI, a move that could position the project at the forefront of blockchain-AI convergence, also offer notable tailwind support.

Co-founder Nicolas Kokkalis participated in a GenAi panel at Consensus 2025, and the Pi Network community is upbeat ahead of a major update slated for June 28, 2025.

How is GenAI related to Pi Network? Why did one of two Pi Founders, Nicolas Kokkalis, participate in a GenAI panel at Consensus 2025? Answer on Pi2Day (6.28.2025)

— Pi Network (@PiCoreTeam) June 21, 2025

Pi Network price prediction: what next?

As broader market sentiment continues to tilt bullish, PI’s price could weather the downturn as buyers use the dip as an opportunity.

However, traders might want to watch key Pi Network price levels and short-term trajectory.

A look at the charts shows technical indicators pointing to further weakness for bulls.

The Moving Average Convergence Divergence (MACD) indicator on the 4-hour chart signals weakening bullish momentum, while the Relative Strength Index (RSI) shows a flip from overbought territory.

Currently, the RSI on the 4-hour chart is downsloping at 53.

If bears take control, a dip below $0.56 could see the PI price drop to $0.46.

On the other hand, a boost in risk-on sentiment could encourage traders to accumulate PI.

In this case, a decisive break above $0.63 could see momentum propel the token toward the psychological $1.00 mark.

Potential resistance would be around $0.75.

Risks include potential selling pressure from geopolitical tension, macroeconomic headwinds, and token unlocks.

The post Pi Network price pares gains after 20% surge appeared first on CoinJournal.

Pi Network price pares gains after 20% surge

Source: https://coinjournal.net/news/pi-network-price-pares-gains-after-20-surge/

The Pi Network ecosystem is facing growing uncertainty as concerns over its .pi domain auction weigh heavily on the price of its native token, Pi.

Pi coin, which once soared to $1.50 in April, has fallen sharply, now hovering around the $0.60 mark.

This decline has sparked fresh speculation about the network’s long-term prospects and the token’s immediate price trajectory.

Pi token drop raises red flags across the community

The recent 60% decline in Pi’s price over the past month has rattled users and investors alike.

Although the Pi Core Team has launched a dedicated app for the .pi domain auction, the update has not delivered the ecosystem-wide uplift many had hoped for.

The .pi Domains Auction continues to see strong engagement across the Pi ecosystem. Recent updates include a new statistics page showing domains with the most bids, highest price, and recent trending bids. https://t.co/yD13KYexu7

The Auction is also now a Pi app instead of being…

— Pi Network (@PiCoreTeam) June 15, 2025

The domain auction, which introduced features like real-time statistics and email notifications, was meant to showcase utility and expand digital participation.

However, critics argue that the changes have failed to address deeper platform issues, including KYC delays and limited business adoption.

Adding to these frustrations, users are increasingly vocal about the lack of new listings, app integrations, or smart contract functionalities.

These gaps are compounding scepticism as Pi Network prepares for its next major event—Pi2Day on June 28.

Pi Network domain auction engagement falls short

While more than 3 million Pi tokens have been spent on .pi domain bids so far, representing roughly $1.8 million in estimated value, the impact appears modest compared to the network’s daily trading volume.

The low conversion of domains into actual utility—like live websites, businesses, or dApps has also drawn criticism. Many domains have been snapped up for speculative purposes, such as squatting on generic terms or brand names.

Despite Pi Network’s emphasis on utility, developers and merchants have yet to actively leverage these domains to anchor meaningful services. The absence of such applications continues to dampen momentum around the initiative.

CEX inflows spark fears of market dump

Trading volumes for Pi rose 60% over the past 24 hours, yet this surge was not backed by bullish sentiment.

Instead, centralised exchanges recorded large inflows, a move typically seen when holders prepare to sell.

Gate.io led the pack with over 1.3 million PI deposited, followed by OKX and Bitget. These figures point to a potential coordinated sell-off that may place further pressure on already fragile support levels.

At the same time, around 11 million PI tokens are being unlocked daily, adding to the oversupply problem.

With current demand stagnant, this unlock schedule raises fears of an extended price dip.

Security concerns add to the bearish sentiment

Amid the.Pi domain auction concerns and the surging trading volume void of a bullish market sentiment, the community’s mood has taken another hit following reports of a password leak tied to PiChain Global.

Users were urged to take urgent steps to secure their Pi accounts and bind their email addresses to the Pi Chain Mall platform.

We’ve received reports of leaked Pi account passwords, which may allow unauthorized access to your Pi Browser and lead to asset theft. To secure your PCM account, please bind your email by following these steps:

1. Download PCM Wallet from the official website… pic.twitter.com/xeoU1Rjcrf

— PiChain Global (@pichainmall) June 16, 2025

This incident, though isolated, has highlighted broader concerns over the platform’s readiness to handle mainstream adoption.

It has also led to increased calls for multi-layered security and better identity verification mechanisms.

Although the Pi Core Team responded quickly with procedural recommendations, the damage to confidence may take time to repair.

The Pi coin price outlook hinges on clearer utility

Technically, Pi coin is consolidating between $0.57 and $0.60, but analysts caution that support at this level is under serious threat.

While some indicators suggest a possible rebound toward $0.67, overall momentum remains bearish.

Without a strong catalyst—such as a surprise exchange listing or a major feature announcement during Pi2Day—most signals point toward continued sideways or downward movement.

The MACD is approaching a bearish crossover, and resistance at $0.66 has proven firm.

As Pi Network works to revive community engagement, investors will be watching closely for concrete signs of growth.

Unless the ecosystem delivers on long-promised features and utility, the PI token could continue to slide.

For now, market sentiment remains cautious, and Pi coin’s short-term outlook is clouded by unresolved issues and growing disillusionment within its user base.

The post Pi coin price prediction amid Pi Network domain update concerns appeared first on CoinJournal.

Pi coin price prediction amid Pi Network domain update concerns

Source: https://coinjournal.net/news/pi-coin-price-prediction-amid-pi-network-domain-update-concerns/

Pi Network, a cryptocurrency once hailed for its unique mobile mining model, is seeing growing pressure from a wave of negative technical signals and investor caution.

Pi has lost a crucial support level and now trades at $0.67, down from $0.71 just a day ago.

This recent breach suggests mounting downward pressure in the coming sessions, with sentiment among holders appearing to wane.

Source: CoinMarketCap

Pi’s price trajectory has shifted sharply in recent days, and several key indicators now show persistent bearish momentum.

These signals come at a time when broader altcoin markets are experiencing lower liquidity and declining investor risk appetite, amplifying the impact on mid-tier tokens such as Pi Network.

CMF points to sustained sell pressure

One of the most notable signals reinforcing the current outlook is the Chaikin Money Flow (CMF), which has slipped just below the zero line.

This movement indicates that the volume of sell orders is beginning to outpace buys.

While still close to neutral territory, the shift in CMF hints at a reversal in market confidence.

This subtle but significant change reflects broader investor behaviour.

Market participants appear increasingly cautious, with many choosing to secure gains or minimise risk in anticipation of further price drops.

The dominance of outflows over inflows is often seen as a leading indicator of continued sell-offs, and in Pi’s case, that risk is growing more pronounced.

The outflow trend may also suggest concerns around Pi Network’s longer-term adoption, particularly as newer utility-focused tokens and large-cap coins dominate market narratives.

Squeeze indicator signals breakout risk

Another notable technical signal is the squeeze momentum indicator, which shows Pi Network currently in a low-volatility “squeeze”.

This phase is marked by black dots on the chart, indicating compression in price movement, typically followed by a strong directional breakout.

In Pi’s case, the building momentum is bearish, suggesting that once volatility returns, the coin may face a sharp downward move.

The current squeeze follows a string of lower highs and the failure to hold above previous support zones.

Blue dots on the indicator, which signal the release phase, have yet to appear, meaning the potential move is still building.

Traders and short-term holders will be watching closely for any indication that a release is underway.

If confirmed, the resulting sell-off could be swift, with Pi potentially testing new lows.

Local support at $0.61, downside risk remains

With the price now at $0.67, immediate support sits at the $0.61 level.

This threshold could provide temporary stability, but a breakdown below it would likely open the door to further losses, possibly toward $0.57.

Such a drop would represent a near 15% decline from current levels and would deepen the token’s downtrend, reducing confidence among existing holders.

On the upside, reclaiming $0.71 would be Pi Network’s first step toward invalidating the bearish thesis.

A break above $0.78 would mark a higher high and potentially shift momentum, bringing bulls back into the market.

However, such a reversal remains uncertain given current indicators.

Pi Network’s long-term potential will depend on both the utility it can deliver and broader market conditions.

For now, however, price action and volume flows suggest that caution will continue to dominate.

The post Pi Network price dips to $0.67 as technicals hint at further downside appeared first on CoinJournal.

Pi Network price dips to $0.67 as technicals hint at further downside

Source: https://coinjournal.net/news/pi-network-price-dips-to-0-67-as-technicals-hint-at-further-downside/