Will there be a potential increase in Pi Network's value today?
In the dynamic world of cryptocurrencies, Pi Coin (PI) has found itself lagging behind the overall market rally, trading around $0.45–$0.47 after a steep decline from its all-time high earlier this year. This article provides a technical overview of Pi Coin's current situation, potential for an imminent rebound, and the factors influencing its supply and sentiment.
**Technical Overview**
Short-term technical indicators for Pi Coin are bearish, with the price below key EMAs and VWAP, and the RSI hovering in the neutral-to-bearish zone. Bollinger Bands are tightening, and the price is testing the lower band, indicating reduced volatility and potential for further downside if support fails. The $0.40 level has acted as strong support, but each rally has been brief and followed by further declines.
**Imminent Rebound Potential**
For a meaningful rebound, Pi Coin would need to reclaim and sustain above $0.4635 (EMA20), then break above $0.4859–$0.4930 (EMA50 + trendline). Only a decisive move above these levels would signal a change in trend. The RSI is near oversold territory, which historically can precede short-term bounces, but given the bearish momentum, any rebound is likely to be limited without a major catalyst.
**Supply and Sentiment Factors**
A scheduled unlock of 276 million PI (3.7% of the current supply) may add further downward pressure in the short term, as increased supply could outpace demand. The token distribution is highly concentrated, with the top 100 wallets holding 96.37% of the supply, increasing vulnerability to large sell-offs. Social buzz has been inconsistent, lacking the sustained engagement needed for organic rallies.
**Outlook**
In the short term, technical indicators and price structure suggest continued bearish pressure, with potential for a test of $0.40 support. A bounce from $0.40 is possible, but upside would likely be capped by resistance zones at $0.4635 and $0.4859 unless a major catalyst emerges. A sustained break below $0.40 could lead to new all-time lows, with little technical support below this level.
In the medium term, analysts expect Pi Coin to trade sideways, with prices hovering around $0.35–$0.38 for the remainder of 2025, with only a modest recovery potential in Q4. The year-end return potential is estimated at ~21%, but this assumes the price stabilises and avoids further significant declines.
In conclusion, Pi Coin is under significant bearish pressure, with technicals and supply dynamics suggesting limited immediate rebound potential despite oversold conditions. The $0.40 support zone is critical; a hold here could set up a short-term bounce, but without a strong bullish catalyst, any recovery is likely to be shallow and temporary. Continuous token unlocks and concentrated ownership add to the downside risk. For a sustained rebound, Pi needs not only to defend key support levels but also to generate renewed demand through ecosystem growth or market-moving news.
This article was written by Charles Ledoux, a Bitcoin and blockchain technology specialist who has written numerous articles on crypto.
The technical analysis of Pi Coin suggests a short-term bearish outlook, with the need for the coin to reclaim and sustain above certain EMAs and trendline to signal a potential rebound in finance. meanwhile, the upcoming unlock of 276 million PI could add further downward pressure due to increased supply in the crypto academy.
In the medium term, experts predict Pi Coin's prices will trade sideways, with minimal recovery potential, highlighting the importance of generating renewed demand and market-moving news for a lasting rebound in the dynamic technology sector.
