Pi Network Breaks Records! Check Today’s Price in Rupiah (Feb 28, 2025)

Updated

February 28, 2025

Gambar Pi Network Breaks Records! Check Today’s Price in Rupiah (Feb 28, 2025)

Jakarta, Pintu News – Pi Network grabbed the spotlight once again after hitting a new all-time high of $2.99 at the close of February 27, 2025. However, after reaching this peak, the price saw a slight correction.

This movement has sparked curiosity among investors and crypto enthusiasts in Indonesia—how much is Pi Network worth in Rupiah today?

Pi Network Price Drops 5.5% in 24 Hours

As of February 28, 2025, Pi Network (PI) has seen a 5.5% decline in the past 24 hours, bringing its price down to $2.61. When converted to Rupiah at the current exchange rate of $1 = IDR 16,561, the price of Pi Network in Rupiah stands at approximately 43,227 IDR.

Also read: 3 Cryptos that Whales Are Hunting While the Market Plummets!

Over the past 24 hours, the price of PI coin has moved in the range of $2.45 – $2.97, showing quite high volatility. Although it touched almost $3.00, the price has corrected again and is in the range of $2.60.

In terms of market capitalization, the data is not available, but the fully diluted valuation stands at $26,983,449,757. Trading volume in the last 24 hours reached $1,613,498,422, indicating a fairly high level of activity.

Overall, Pi Network is showing a downward trend in the short term, although it still has significant trading levels. Further price movements will depend on market sentiment and the future development of the Pi Network ecosystem.

PI Reaches All Time High Price

After experiencing a post-launch decline, the PI coin price rebounded on February 21, 2025 and has continued to rise since then. The day before today’s correction, on February 27, 2025 yesterday, the price of Pi Network managed to break through the ascending parallel channel, and reached an all-time high (ATH) of $2.99.

Quoting the CCN page (27/2/25), although the price fell slightly afterwards, Pi has twice confirmed the resistance trend line as support (green icon), which is characterized by the appearance of a long lower wick every time there is a correction.

Technically, there are indications that the uptrend will continue. The Relative Strength Index (RSI) shows a hidden bullish divergence (orange color), which when combined with the retest of the trendline, strengthens the chances of further price increases.

Wave pattern analysis shows that Pi is currently in the fourth wave of a five-wave bullish pattern, signaling continued upside potential.

Further confirmation will occur if the price manages to break the downward resistance trendline, which currently forms a symmetrical triangle along with a parallel channel. If this breakout occurs, the price of Pi could potentially go up to $3.51, based on the external 1.61 Fibonacci retracement of the previous correction.

On the contrary, if the price goes back inside the parallel channel, then the upside move could be invalidated. In this scenario, the Pi price risks dropping to the channel’s support line around $2.00.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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