Pi Coin Faces a Pivotal Downturn: Can Enthusiastic Supporters Overcome Technical Challenges?

Pi Coin is currently experiencing a downward technical trend, as analysts note the appearance of a well-known chart pattern that may indicate further declines. This formation has emerged after Pi (PI) lost momentum following a brief recovery, drawing significant interest from both traders and investors monitoring its price action. The pattern's neckline sits at , and if the price falls beneath this threshold, it could pave the way for a fresh record low at . Such a move would extend the existing downtrend, which has continued despite recent improvements to the network and a modest 3% gain in the last day.

Technical signals further support the bearish outlook. The Relative Strength Index (RSI) is currently at , suggesting that the coin is not yet in oversold territory and could experience additional declines. At the same time, the Moving Average Convergence Divergence (MACD) indicator is flat to slightly negative, in line with the overall weak technical picture. For bullish momentum to return, Pi would need to reclaim the level on strong trading volume. Until then, most upward movements are viewed by analysts as bear traps, potentially leading to another drop.

The Pi Core Team continues to move forward with network improvements, especially with the rollout on , representing a crucial milestone toward adding new functionality and enhanced control to the blockchain. This update features revised and , designed to boost performance and ensure regulatory adherence. The Pi community has generally responded positively to these upgrades, but the market reaction has been subdued. During the full upgrade process, the network will temporarily go offline, which could intensify downward pressure on the price. In the crypto industry, such technical interruptions have often accompanied bearish market trends.

Although technical indicators suggest weakness, there have also been some optimistic signals recently. Another analysis by has pointed out a concealed bullish divergence between Pi’s price movement and the MACD metric. Historically, this setup has often signaled a market reversal in cryptocurrencies, prompting the analyst to forecast a move to . Nonetheless, this positive projection faces challenges from ongoing token unlocks scheduled until December 2025, with a substantial release planned for December. Previous unlock events reveal that an increase in token supply can trigger steep price drops, as evidenced by the 25% fall that followed a 337 million token unlock in July 2025.

Community engagement continues to be a central part of Pi Coin’s development. With over , Pi Network boasts one of the most extensive pre-launch user bases in crypto. Members are actively involved not only in mining but also in app creation, moderation, and outreach. While the ecosystem is still at an early stage, growth is apparent with the debut of the , , and . However, the network’s Mainnet transition and eventual listing on top exchanges—which are crucial for full adoption and utility—are still pending.

Pi Network is also becoming more prominent within the wider crypto world, as its co-founder is scheduled to attend in Singapore. This marks her inaugural major public engagement since the project began in 2019 and is anticipated to shed light on the network’s upcoming plans. The event may also help Pi establish connections with institutional investors and discuss future listing prospects. Still, until these steps are realized, Pi Coin remains primarily speculative, with its valuation largely tied to community backing and its use in real-world applications.

To sum up, Pi Coin finds itself at a crucial point, facing technical and supply-related challenges that are influencing its price. While infrastructure improvements are ongoing, the market is testing important support areas, and a clear breakdown could usher in a more pronounced bearish trend. Analysts are monitoring for any signs of a turnaround, but current conditions remain cautious for potential investors.