Pi price prediction: $0.108 support at risk as PI loses 7.04%
Pi (PI) is trading at $0.1131, down 7.04% on the day and marking a sharp decline. The price is positioned below its key moving averages for the short, medium, and long term.
Highlights
- Pi Network's new PiVerify product introduces paid KYC services for external fintech and Web3 clients, creating fresh transactional demand for the PI token.
- Over $1.5 billion in new PI tokens are expected to enter circulation by 2026, increasing sell-side liquidity pressures.
- PI/USD trades within a firmly bearish trend, with price likely to remain capped between $0.108 and $0.1182 over the next sessions.
Token demand offsets by incoming supply as platform expands use cases
Pi Network announced the launch of three new products for Pi2Day 2026—SoloHost, Pi Sign-in, and PiVerify—expanding the platform’s service offering with PiVerify enabling external fintech and Web3 clients to pay for KYC identity services in PI, as reported by Beincrypto. This development introduces a new direct use case for the token, potentially increasing transactional demand by facilitating paid verification from outside platforms. At the same time, the prospect of more than $1.5 billion in new PI tokens set to be unlocked over the next year, as highlighted by Banklesstimes, increases circulating supply and contributes to sell-side liquidity.
Oversold technicals deepen as sellers dominate below resistance cluster
PI/USD is trading below the hourly moving averages: MA-20 at $0.1168, MA-50 at $0.1214, and the longer-term MA-200 at $0.1734. Immediate resistance is identified at $0.1173 by the Ichimoku Kijun. Momentum indicators remain bearish, with the Moving Average Convergence Divergence (MACD), Average Directional Index (ADX), and Awesome Oscillator all pointing to strong selling. The Relative Strength Index (RSI) is deep in oversold territory at 29.15, and the Commodity Channel Index (CCI) also signals oversold conditions, while the Stochastic RSI is neutral. Bull/Bear Power confirms intraday seller dominance, and price action is clustered near the session lows.
Downside risks persist with reversal seen unlikely barring breakout
Over the next two to three sessions, PI is forecast to trade within a volatility band between $0.108 and $0.1182. The probability of an upward reversal is considered very low in current conditions, with further downside remaining highly likely. The baseline scenario expects sideways price action within this corridor, while a break above $0.1173 would be required to initiate a bullish scenario; failure to hold the $0.108 support opens the possibility for additional declines.
In a recent review, analysts highlighted ongoing downside pressure for Pi amid persistent bearish momentum and concerns over increasing token supply. The latest developments reinforce these risks, with traders advised to monitor whether growing utility from new product launches can offset intensified sell-side liquidity and support stability above the $0.108 level.
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