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Pi Network Price Analysis

Pi Network (PI) Drops 70% in 30 Days, But Hope for a $1.50 Recovery Remains

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  • PI has dropped over 70% in the past month, with bearish trends continuing.
  • Pi Network struggles with limited exchange listings and liquidity issues.
  • A rebound to $1.22 – $1.50 is possible if market conditions improve.
  • Future developments like exchange listings will be crucial for PI’s price movement.

The Pi Network’s native token, PI, has been struggling in the market, with its price plummeting over 70% in the last 30 days. Despite forming strategic partnerships, like the recent one with Telegram Crypto Wallet, the token has failed to gain significant momentum, and bearish technical indicators suggest that the downward trend may persist.

Pi Network’s Growth Challenges

While Pi Network has made strides in expanding its ecosystem, its token still faces significant growth challenges. One of the most pressing issues is the lack of major exchange listings, which has severely limited liquidity and hampered PI’s growth potential.

Without these listings, PI has been struggling to gain traction in the broader market. Additionally, Pi Network’s recent decision to unlock 1.6 billion tokens has increased the total supply, further adding pressure to its price.

If Pi Network can secure more exchange listings and continue to build out its ecosystem, it may see the kind of growth that could lead to a price surge in the future.

PI Token Faces Roadblocks but Could Surge to $1.50

Pi Network’s PI token is currently under heavy selling pressure, and technical analysis points to a continuation of this downward trajectory. For over twelve consecutive days, the token’s Bollinger Band Trend (BBTrend) has been negative, most recently reaching -41 on March 21, signaling ongoing bearish sentiment.

Additionally, the token’s Relative Strength Index (RSI) has remained below the neutral 50 level, indicating that the market remains in a negative state with limited potential for immediate recovery.

PIUSDT 2025 03 29 16 51 39
Pi Network (PI) Drops 70% in 30 Days, But Hope for a $1.50 Recovery Remains 3

If this correction continues, PI could dip further, potentially reaching a low of $0.62. Despite these challenges, there are some glimmers of hope, as the token has shown signs of modest recovery after reaching oversold conditions.

The current price of PI is around $0.8039, with its all-time high reaching $2.99 in February 2025. Recently, it hit a low of $0.6157, also in February 2025.

In the short term, there is potential for a modest rebound, with PI possibly recovering to the $1.22 – $1.50 range, provided that market conditions improve and liquidity issues are resolved.

PIUSDT 2025 03 29 17 05 58
Pi Network (PI) Drops 70% in 30 Days, But Hope for a $1.50 Recovery Remains 4

Looking ahead to May 2025, if Pi Network can address its current challenges, including exchange listings and liquidity concerns, there is a possibility for a significant price surge.

However, monitoring developments around Pi Network’s ecosystem updates, token unlocks, and exchange listings will be critical in determining whether the token can reclaim its former highs or continue its decline.

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Pi Network (PI) Faces Steep Declines, Short-Term Rebounds, and Long-Term Prospects

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  • Pi Network dropped 26.31%, with RSI hitting an oversold level of 23.35, signaling strong bearish momentum.
  • After the steep decline, Pi saw an 8.03% recovery, trading at $0.965763 with a 24-hour volume of $1.18 billion.
  • Token unlocks continue to increase selling pressure, potentially driving Pi toward lower support levels like $0.3 or even $0.009.
  • Long-term growth depends on ecosystem development, with stability likely only when Pi’s DApps gain traction.

The Pi Network token has experienced a turbulent phase, with a dramatic 26.31% decline pushing its price action well below critical support levels. Extreme oversold conditions are evident, as the Relative Strength Index (RSI) plummeted to 23.35, signaling strong negative momentum.

image 166 3

However, after this steep drop, Pi took a breather and staged a modest recovery, reflecting the token’s ongoing struggle between buyers and sellers. Currently, the Pi Network is priced at $0.965763, boasting a 24-hour trading volume of $1.18 billion, a market capitalization of $6.56 billion. Over the past 24 hours, Pi’s price has increased by 8.03%, showing signs of short-term resilience.

PI 1D graph coinmarketcap
Source: CoinMarketcap

Pi Network’s Volatile Trajectory: What’s Next?

Pi Network’s price action follows a repetitive pattern: a brief pump, followed by another sharp drop. Market participants have observed this cycle, predicting potential movements where Pi could rally toward $1.2 or $1.3 before another retracement to $0.8 or $0.7. The cycle may continue, with price bounces to $1 or $0.9, only to be met with deeper corrections to $0.6 or even $0.5.

The broader trend suggests that Pi might eventually test lower support zones around $0.3 or $0.2, with extreme cases pointing toward a possible dip to $0.009, $0.008, or even $0.007. This scenario is primarily driven by increasing circulating supply as more Pi tokens unlock when users pass KYC and as lockup periods expire. This influx of tokens into the market results in heightened selling pressure, which is unlikely to be offset by sufficient buying demand.

The Psychology Behind Pi’s Sell-Off

Many long-term Pioneers, miners who have accumulated Pi over the past six years, are expected to take profits upon token unlocks, contributing to the continued price decline. Others, unfamiliar with Web3 fundamentals, may panic sell as they witness a downward spiral, further accelerating the bearish momentum.

However, this phase of market turbulence could also present an opportunity. As Pi’s price bottoms out, strategic investors may view it as a discounted entry point. Given that Pi operates as a Layer 1 blockchain, its long-term potential remains tied to ecosystem development. Once the price stabilizes and early sell-offs subside, Pi could enter a consolidation phase. The real breakout might only come when its decentralized applications (DApps) gain traction and the network matures.

For now, Pi Network remains a highly volatile asset, driven by market speculation and token unlocks. Short-term traders may capitalize on price swings, while long-term investors should monitor ecosystem developments before making significant moves. The true test for Pi will be its ability to transition from speculative hype to fundamental-driven growth through a robust DApp ecosystem and increasing adoption.

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