Pi price prediction: Will oversold signals slow selloff? PI down 11.16%

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Pi slides 11.16% today to $0.18

Highlights

Pi Network completed protocol v20.2 migration and unveiled its utility-driven Pi Launchpad on Testnet, introducing smart contracts and new token standards.
The platform's second Mainnet migration phase began with wallet 2FA and KYC bonuses, though overall price action remains subdued under persistent selling pressure.
PI trades below major moving averages with strong seller dominance; expected to range between $0.16 and $0.20 as oversold signals vie with bearish momentum.

Ecosystem upgrades and incentives amid extended selling pressure

On March 14, 2026, the Pi Network completed migration to protocol v20.2 and launched the initial version of the Pi Launchpad as a Pi App on Testnet with a test token. The Launchpad adopts a utility-focused approach for token projects, adds a liquidity-focused structure for stability, and introduces smart contract capabilities along with the PiRC1 token standard proposal for ecosystem review. The second Mainnet migration phase opened for eligible users, requiring wallet 2FA and offering KYC referral bonuses, though price action has remained under broader selling pressure.

Oversold momentum contrasts with intraday seller dominance

Momentum indicators are mixed: the D1 MACD signals strong buying, while the D1 ADX also supports underlying bullish momentum. However, D1 Stoch RSI is firmly oversold, and the D1 RSI sits near neutral at 50, indicating possible exhaustion of downward pressure; CCI is neutral. The D1 BBP is negative, indicating that intraday sellers dominate, and the daily decline of 11.16% from today’s open ($0.197) to the low end of the range ($0.1818 – $0.197) reflects high volatility with the price pinned near intraday lows. The lack of a significant gap reinforces heavy pressure after the open; however, the strong oversold oscillators contrast with persistent negative BBP, a clear divergence suggesting downside is stretched but intraday sellers still dominate.

Range-bound outlook as bearish signals outweigh recovery hopes

For the coming week, expect the price to trade in a range of roughly $0.16 to $0.20, normalized to reflect typical PI volatility around current levels. The probability of a price increase is very low (less than 20%), making further declines more likely in the short term, as only two weekly indicators (ADX, RSI) support the bulls while MACD remains strongly bearish. The baseline scenario is that PI moves sideways within this corridor as oversold conditions attempt to stabilize; a bullish scenario would see a reversal above $0.20 toward resistance around $0.22. In a bearish outcome, the price could break $0.16, setting new local lows.

Viktoras Karapetjanc, analyst at Traders Union, sees fundamental progress in Pi Network’s protocol upgrade and Launchpad, though price action remains dominated by sellers. He believes broad sentiment is still cautious due to persistent selling and technical resistance near $0.20. There is some stabilization potential from oversold conditions and recent ecosystem developments, but buyers remain on the sidelines. The analyst maintains a constructive view with macro and sentiment drivers needing more time. "If Pi can consolidate near current levels while the ecosystem matures, we could see a foundation for a new bullish trend in the medium term."

Earlier, analysts noted that Pi Network faced persistent seller pressure and technical uncertainty despite ongoing ecosystem upgrades. The latest developments reinforce this dynamic, as continued price weakness and mixed momentum signals mean traders should monitor the $0.16 support zone closely for signs of either stabilization or a potential breakdown.

Source of Data: PI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.