Continued selling pressure leads Pi down 7.31%

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Pi Network slides 7.31% today

Highlights

Pi Network (PI) dropped 7.31% to $0.1936 on October 17, 2025, trading below key moving averages MA-20 ($0.2419), MA-50 ($0.3013), and MA-200 ($0.5007).
Technical indicators, including MACD strong sell, daily chart ADX divergence, and oversold readings in RSI, Stoch RSI, and CCI, confirm persistent bearish momentum and seller dominance.
With a weekly range projected at $0.1897–$0.2043 and less than 20% probability of price rise, the near-term scenario favors further downside or sideways drift near multiday lows.

Adoption doubts and fear persist with no fresh network catalysts

Pi’s recent price action is shaped mainly by internal ecosystem factors and prevailing market sentiment, including ongoing adoption uncertainties and extreme fear highlighted by technicals. No new Pi Network company events, product launches, or regulatory developments were reported for October 17, 2025. Broader crypto activity, such as major fundraising efforts by industry peers, did not have any confirmed impact on PI’s underlying fundamentals.

Bearish momentum dominates as resistance holds and oscillators diverge

The current PI price of $0.1936 trades below key moving averages, with MA-20 at $0.2419, MA-50 at $0.3013, and MA-200 at $0.5007. This positioning signals persistent selling pressure in the short, medium, and long term, with the nearest resistance around the Ichimoku Kijun at $0.2629 and no immediate dynamic supports. Momentum indicators show strong bearish control, as MACD signals a strong sell while ADX on the daily chart remains decisively bullish, creating a notable divergence. RSI, Stoch RSI, and CCI all indicate oversold territory, but BBP points toward sellers dominating intraday action. The daily price slipped 7.31% to $0.1936, with a small gap down at the open and price hovering near today’s low of $0.1983, reflecting high volatility and continued negative tone after the open. These intraday moves confirm the bearish momentum from oscillators while highlighting some exhaustion signals.

Downward drift likely as upside probability remains limited

For the coming week, the projected price range is $0.1897–$0.2043. The probability of a rise is very low (less than 20%), making further downside much more likely. The baseline scenario sees price drifting sideways near multiday lows. In a bullish scenario, price would need to reclaim $0.205 and challenge the resistance at $0.2629. A bearish scenario could see further declines if support at $0.1897 fails, exposing new lows for the week.

Anton Kharitonov, analyst at Traders Union, notes that Pi Network (PI) continues to face significant selling pressure, with price action well below all major moving averages and no supportive news flow or fundamental catalysts to offset the prevailing bearish sentiment. The expert sees limited upside potential this week, as strong bearish momentum is confirmed across technical indicators and the absence of positive ecosystem developments reinforces the negative outlook. 'As long as $PI trades below $0.205 and remains under these key averages, any upside should be treated with skepticism — base case remains defensive,' Kharitonov concludes.

Previously it was noted that Pi Network experienced renewed development as new DeFi features, including a DEX and AMM pools, were launched on the testnet to support developer innovation. Despite this, the asset continued to face steep market challenges, with an $18 billion decline in market value over the past six months sparking heightened investor caution.

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.