Muted momentum below resistance keeps Pi lower

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Pi drops 7.75% today to $0.1736

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Yaroslav Dmytrenko

19.04.2026

Muted momentum below resistance keeps Pi lower — Pi drops 7.75% today to $0.1736

Pi (PI) is trading at $0.1736, down 7.75% on the day. It is currently positioned above its 20-day SMA ($0.1712) and the Ichimoku Kijun level ($0.1775), but remains below both the 50-day ($0.1855) and 200-day ($0.2015) SMAs, indicating mild short-term strength but continued medium- and long-term pressure.

PI price prediction

24H -1.33%

$0.1266

48H -1.25%

$0.1267

7D -11.69%

$0.1133

1M -31.72%

$0.0876

3M -36.48%

$0.0815

6M -54.79%

$0.058

12M -52.38%

$0.0611

Detailed

Current price: $ 0.1283 -0.0099 7.14%

Real-time Data 23:04

Daily range 0.1225

0.1385

Weekly range 0.1362

0.1534

Highlights

Pi Network released its smart contract code to the public and launched subscription-based contracts, broadening use cases for developers and service providers.
Mainnet upgraded to Protocol 22 with a mandatory node update deadline of April 27, 2026 to reinforce network security amid ongoing selling pressure.
PI trades with mild short-term support but faces prevailing medium-term weakness, with expected choppy price action between $0.156 and $0.185 as downside risk dominates.

Network upgrade and developer tools as price stagnates under selling pressure

On April 18, 2026, Pi Network released its smart contract code to the public via GitHub, allowing developers to access, review, and build decentralized applications. The same day, the platform introduced subscription-based smart contracts on its Testnet, expanding support for recurring use cases in areas like e-commerce and digital services. Pi Network announced an upgrade of its Mainnet to Protocol 22, requiring node operators to update by April 27, 2026, to ensure network security, though price action has remained under broader selling pressure.

Mixed signals and narrow range as momentum indicators point to uncertainty

Technical analysis shows Pi trading above its 20-day SMA ($0.1712) and the Ichimoku Kijun ($0.1775), but below the 50-day ($0.1855) and 200-day ($0.2015) SMAs. Immediate resistance is at the Kijun level ($0.1775), while support sits at the 20-day SMA ($0.1712). Daily momentum indicators are mixed: MACD and ADX reflect weak negative momentum, RSI at 49.58 (daily, sell) and CCI at 146.95 (overbought) signal uncertainty and a potential overbought state. Stoch RSI indicates strong sell pressure, BBP suggests intraday buyer dominance, and the Awesome Oscillator is neutral. The price opened lower in the current session and has remained under pressure within a tight range ($0.1717 – $0.1771), with moderate volatility and a lack of conviction in directional moves.

Downside favored as volatility bands tighten and upside odds diminish

In the short term, a five-day volatility band is likely between $0.156 and $0.185. The probability of an upward move remains low (less than 20%), making further declines more probable. Baseline expectations point to choppy trading within this range. Should buyers push the price above $0.1775 resistance, a move toward $0.185 is possible; if selling intensifies below $0.1712, a slide to $0.156 could follow.

Viktoras Karapetjanc, analyst at Traders Union, sees Pi’s latest fundamental upgrades as a positive shift for network adoption. He notes that despite persistent selling pressure, ongoing innovation and upgrades could boost medium-term sentiment. Technical levels suggest a neutral short-term outlook, but constructive news flow helps build a bullish foundation. Karapetjanc believes buyers can regain control if headline resistance breaks. "If Pi sustains innovation and overcomes $0.1775, new upside momentum could emerge ahead of the next development cycle."

Earlier, analysts noted that Pi faced persistent selling pressure despite emerging protocol developments and a cautious technical backdrop. The latest rollout of public smart contract code and Testnet upgrades adds a new fundamental catalyst, but with sellers maintaining control, traders should monitor whether Pi can establish support above $0.1712 to avoid further downside risk toward $0.156.

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.