Pi Coin Drops 8%, Check Today’s Pi Network to Rupiah Exchange Rate (March 17, 2025)

Jakarta, Pintu News – On March 17, 2025, Pi Network (PI) saw a sharp correction, losing over 8% in the past 24 hours—another reminder of the crypto market’s high volatility. As of now, Pi Coin is trading at approximately $1.39, fluctuating between $1.53 and $1.38 throughout the day.

So, how much is Pi Network worth in rupiah today? Let’s dive into the latest exchange rates below!

Pi Network Price Drops 8.7% in 24 Hours

As of March 17, 2025, Pi Network (PI) has dropped 8.7% in the last 24 hours, bringing its price down to approximately $1.39. When converted to rupiah at the current exchange rate of $1 = IDR 16,365, this puts the value of Pi Coin at around IDR 22,747.

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In the last 24-hour period, PI coin briefly touched a high of $1.53, but then slumped to $1.38, reflecting high market volatility.

Currently, PI’s market capitalization stands at around $9.61 billion, with a fully diluted valuation of $14.79 billion. Meanwhile, the 24-hour trading volume stood at $381.18 million, indicating high market activity despite the price correction.

Pi Day’s Downward Trend Continues

The massive sell-off following Pi Day on March 14, when the network completed the mainnet migration, has put significant downward pressure on the price of PI. As of March 15, 2025, the altcoin was briefly trading at $1.47, down 7% in the last 24 hours.

On the four-hour chart, PI’s steadily declining Relative Strength Index (RSI) indicates increasing selling activity in the market. On March 15, the RSI was at 38.84.

RSI is an indicator that measures an asset’s market condition, whether it is overbought or oversold. It has a range of values between 0 and 100, where a reading above 70 indicates that the asset is overbought and could potentially decline in price.

Conversely, a value below 30 indicates that the asset is oversold, which could trigger a potential price recovery.

With the RSI of 38.84 still declining, it shows that selling pressure is more dominant than buying activity in the market. This indicates that the downward trend is likely to continue, unless there is a reversal that encourages PI accumulation again.

In addition, the Aroon Down Line PI was at 92.86%, which indicates that the downward trend in prices is very strong.

The Aroon Indicator is used to measure the strength of an asset’s price trend. This indicator consists of the Aroon Up and Aroon Down lines. Aroon Up measures the number of periods since the last price high, which reflects the strength of the uptrend (bullish).

Read also: 5 Cryptos that Went Up Today (3/13/25): Number 1 Altcoin Rocketed up to 174%!

On the contrary, Aroon Down measures the number of periods since the last price low, which signals the strength of the downtrend (bearish).

When the Aroon Down Line is at 100% or close to it, it indicates that the bearish momentum is very strong. As such, PI’s current price decline is confirmed to be strong, with selling pressure still dominating the market.

PI at the Crossroads: Could it Rebound or Plunge to $1.11?

On March 15, 2025, PI was trading at $1.43, holding above the support level formed at $1.34.

If selling pressure increases further, the PI could break this support and drop to $1.11, the lowest level last reached on February 11.

However, if demand for PI increases again, this bearish scenario could be canceled. In that case, PI prices could potentially break the resistance level at $1.62 and continue to rise towards $2.05.

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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.

Reference:

• BeInCrypto. Pi Network Faces Sell-Off After Mainnet Migration Deadline Ends. Accessed on March 17, 2025