PI latest news: hits daily low with investor sentiment mixed despite mainnet progress

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Pi Network slides 9.06% today

Highlights

Pi Network (PI) trades at $0.2283, above its MA-20 ($0.2111), but below MA-50 ($0.2674) and MA-200 ($0.4763), showing short-term bullishness amid sustained longer-term selling pressure.
Technical momentum is negative as daily MACD and ADX signal strong sell, and the token dropped 9.06% today to $0.2283, with continued post-open selling and high volatility.
For the coming week, the expected price range is $0.1561–$0.2270 with less than 20% probability of increase, and a drop below $0.2280 likely leading to $0.1561.

Network migrations and mainnet developments lift trader sentiment

Fresh technical and network activity continues to drive sentiment, with progress in the mainnet launch and over 3.32 million user token migrations boosting confidence. No major external events or regulatory changes were reported. Momentum is sustained by platform developments.

Diverging momentum signals as oscillators highlight persistent downside

Momentum reads are clearly negative, with MACD and ADX on daily and weekly timeframes all signaling strong sell. Oscillators show a mix: daily RSI is in buy territory but CCI and Stoch RSI indicate overbought conditions. Bull/Bear Power is neutral, and the Awesome Oscillator confirms the bearish tilt. Price dropped 9.06% today to $0.2283 with no material gap at the open. Trading is hugging today’s low ($0.2274), and volatility is high. There is persistent pressure after the open, and daily losses align with negative momentum, though overbought readings highlight a divergence among oscillators.

Downside risks dominate as bearish range likely to hold

For the coming week, the expected price range is between $0.1561 and $0.2270. The probability of an increase is very low (less than 20%), making a decline much more likely. The baseline scenario is sideways action near current levels. A bullish move would require a breakout above $0.2674, while a bearish scenario is likely if price drops below $0.2280, opening the way to $0.1561.

Anton Kharitonov, expert at Traders Union, sees Pi Network’s short-term technicals showing some resilience above the 20-day MA at $0.2111, but he remains cautious as medium- and long-term moving averages stay unbroken overhead and momentum readings are strongly bearish. While ongoing network migration and mainnet progress have buoyed sentiment, Kharitonov notes that negative momentum and today’s sharp 9.06% drop make further downside probable, with sideways movement as the base case unless $0.2674 is reclaimed. He warns that a break below $0.2280 could accelerate declines toward $0.1561. "As long as price stays below $0.2674 and momentum points south, I remain defensive — no clear bullish setup here yet."

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. 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.