Will Pi test resistance as July 22 Protocol v25 upgrade boosts network stability?

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Pi jumps 7.48% to $0.086 today

Highlights

Pi Network's upgrade to Protocol v25 on July 22 targets enhanced stability, privacy, and is reigniting ecosystem interest.
Ongoing mining app and interface redesigns aim to boost user retention and engagement ahead of a possible token launch.
PI/USD shows strong short-term bullish momentum with overbought signals; price forecasted between $0.072 and $0.0923 in high volatility.

Protocol v25 upgrade and interface redesign fuel ecosystem optimism

Pi Network's planned upgrade to Protocol v25 on July 22, aimed at enhancing network stability, reliability, and privacy features in smart contracts, has sparked renewed interest in the project, according to Banklesstimes. This protocol shift is expected to drive wider adoption by addressing developer and user needs, potentially attracting greater participation within the Pi ecosystem. Complementing the mainnet upgrade, Beincrypto reports a sweeping redesign of the mining app and user interface, while Cryptorank highlights continued interface initiatives by the Core Team that position the platform for stronger retention and engagement ahead of a possible token launch.

Sustained buying faces short-term exhaustion with mixed signals

On the hourly chart, PI/USD remains above the moving averages at $0.0835 (MA-20) and $0.0808 (MA-50), with the longer-term MA-200 at $0.1639 serving as a distant ceiling. The Ichimoku Kijun sits at $0.0825, providing immediate support for price action. Momentum indicators are mixed: the Moving Average Convergence Divergence (MACD), Average Directional Index (ADX), Bull/Bear Power, and Awesome Oscillator all point to sustained buying interest, while the Relative Strength Index (RSI) at 66.57 and both the Stochastic RSI and Commodity Channel Index (CCI) are overbought, flagging the risk of short-term exhaustion. Intraday trading conditions remain volatile, with the price near session highs.

Upside bias persists as volatility band limits short-term risk

Over the next two to three days, a typical volatility band places PI/USD between $0.072 and $0.0923. The most probable outcome is a stabilization within this range, though the bias favors an upward extension if buying pressure persists. Upside triggers could lift price above immediate resistance, while a failure to hold $0.0825 support would expose the lower boundary of the forecasted range.

Anton Kharitonov, expert at Traders Union, sees PI’s price action supported by strong buyer sentiment and news-driven momentum. He notes that the pending Protocol v25 upgrade and app redesign have improved confidence but short-term indicators warn of exhaustion. The analyst believes immediate upside is possible if support at $0.0825 holds, but warns that volatility could quickly reverse gains. "Until we see a decisive move above $0.0923, I remain cautious and prefer to wait for clearer direction before committing."

Earlier, analysts noted that Pi was under sustained bearish pressure despite short-term rebound attempts, citing weak momentum and seller dominance. However, with the current rally lifting Pi above key moving averages and sustained buying interest emerging alongside upcoming protocol and interface upgrades, traders should monitor for continued upside momentum, particularly if price consolidates above immediate support during this high-volatility phase.

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.