Pi Coin Plunges 8%, How Much is Pi Network to Rupiah Today (3/19/25)?

Jakarta, Pintu News – The price of Pi Network (PI) plummeted 8% on March 19, 2025, reflecting strong selling pressure in the crypto market. Currently, many investors are wondering, is this just a temporary correction or the beginning of a deeper bearish trend?

With high volatility, the value of Pi Network to Rupiah also changes significantly. So, how much is Pi Network to Rupiah today?

Pi Network Price Drops 8.5% in 24 Hours

At the time of writing (3/19/25), the price of Pi Network (PI) has recorded a decline of 8.5% in the last 24 hours, with the PI coin price around $1.16. If converted to rupiah at the current value, which is $1 = IDR 16,520, the price of Pi Network to rupiah is around IDR 19,163.

Read also: Dogecoin Price Spikes Today (March 19, 2025) – Is a Major Breakout Coming?

In the last 24 hours, PI’s price moved between $1.09 and $1.26, showing considerable volatility. Pi Network’s market capitalization currently stands at $8.02 billion, with a fully diluted valuation (FDV) of $12.36 billion.

Meanwhile, the trading volume in the last 24 hours was recorded at $699 million, indicating a fairly active trading activity amidst the price drop.

DMI Pi Network Indicator Shows Sellers are Dominating the Market

According to BeInCrypto (18/3), Pi Network’s DMI Chart shows that the ADX is at 18.3, a figure that has remained stable since yesterday, indicating a weak trend.

The relatively flat ADX reading suggests that the current downtrend lacks strong momentum, but is still ongoing as the indicator remains below the 25 threshold.

The Average Directional Index (ADX) is used to measure trend strength, where values above 25 indicate a strong trend, while values below 20 indicate a weak market or moving within a range.

On Tuesday, Pi Network’s +DI fell to 16.1 from 23 two days ago, while the -DI rose to 26.2 from 19.6 yesterday.

This widening of the distance between the +DI and -DI lines confirms that sellers are back in control of the market, reinforcing the ongoing downtrend.

Unless the +DI starts to recover and the ADX rises above 20, the Pi Network will likely continue to face bearish pressure in the short term.

CMF Pi Network is Still Struggling in Negative Levels

Furthermore, as of March 18, 2025, Pi Network’s CMF stands at -0.14 and has stayed in negative territory for the past two days, after reaching a peak of 0.15 four days ago.

Read also: Pi Network Price Potentially Plummets to $1, What’s the Trigger?

This change shows a clear shift in the dynamics of buying and selling, as the indicator is now at its lowest level in the past week.

Chaikin Money Flow (CMF) measures the flow of money in and out of an asset by combining price and volume to assess buying or selling pressure.

CMF above 0 indicates accumulation (buying pressure), while CMF below 0 indicates distribution (selling pressure).

With the Pi Network’s CMF now at -0.14, it signals that sellers are gaining ground, reinforcing the ongoing downtrend.

This negative reading could indicate continued weakness unless there is an increase in buying volume in the near future.

Will Pi Network Fall Below $1 in the Near Future?

Pi Network has been under pressure in recent days after criticism regarding the launch of the .pi domain, which has further exacerbated negative sentiment since the massive sell-off following the mainnet migration.

If this correction trend continues, PI could potentially test the support level at $1.23. If this level is broken, the price could drop below $1.20 for the first time since February 22.

However, if the PI price regains positive momentum, there is a chance for a rebound and test the resistance level at $1.57. If it manages to break this level, the price could rise further towards $1.82 and $1.98.

If the buying pressure gets stronger, PI could even break $2 for the first time since March 1, which would signal a significant trend reversal.

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard 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 Bearish Momentum Builds As PI Risks Falling to $1. Accessed on March 19, 2025