Price of 1 Pi Network (PI) in Indonesia Today (4/10/25)

Jakarta, Pintu News—The price of 1 Pi Network (PI) in Indonesia today, April 10, 2025, is in the spotlight of investors and the country’s crypto community. After showing a positive performance with a significant price spike, current market conditions are starting to show signs of a slowdown.

Although the price of PI is still holding in the range of 9,500 IDR – 10,000 IDR per coin (referring to the global price of around $0.59), the market sentiment is starting to be dominated by bearish tendencies.

This can be seen from weakening buying momentum, increasing selling pressure, and investor concerns about the potential for a deeper price correction in the near future. These conditions have led to speculation that PI prices are likely to experience further declines if there are no positive catalysts to encourage market interest again.

How much is 1 PI in Indonesia today?

On the Pi Network (PI) crypto price chart displayed on the CoinMarketCap platform, you can see the movement of the PI price over the last 1 day (1D). The PI price has significantly increased by 7.12% in the last 24 hours, with the current price at $0.5900.

If you look at the chart, the price movement of PI throughout the day was quite stable at around $0.5518 until it finally experienced a sharp spike at around 2:00 AM, when the price reached a peak near $0.6532. After reaching this peak, the cost of PI experienced a correction but stayed at a higher level than at the beginning of the day, which was around $0.592.

From the market cap data, PI has a market capitalization of $4.03 billion and a 24-hour transaction volume of $283.15 million—this represents a 66.54% increase in volume, indicating a significant increase in trading activity during this period.

Meanwhile, community sentiment data shows that 88% of the community is bullish on PI, while the other 12% are bearish. This is reinforced by a post from Cryptionian, which mentions that PI is ranked as the second bullish crypto asset in CoinMarketCap’s top 100 category, based on 3,952 votes.

Also read: Top 10 Cryptos Ready to Lead the Rally in April 2025

Bearish Market Sentiment

Pi Network’s Relative Strength Index (RSI) has been in the bearish zone for over three weeks, far from the neutral level of 50.0. This indicates that the market pressure on Pi is still very strong, and there are no significant signs of reversal yet.

This suggests that the Pi Network is struggling to gain momentum. Without any positive market sentiment or new developments, there is unlikely to be any sustained price increases in the near future. The lack of investor support and positive news further exacerbates the situation.

Broader market conditions were unfavourable, and many other crypto assets also experienced declines. This created a very unfavorable environment for Pi Network to make significant price progress.

Also read: Will Dogecoin Ever Hit $1? Top Analysts Reveal the Shocking Truth!

Further Price Decline Likely

Pi Network’s price is currently $0.56, just slightly above the critical $0.50 support. This price is still below the $0.70 resistance level, which has been a difficult boundary that Pi Network has faced for a long time. Recently, Pi Network recorded a new record low (ATL) of $0.40, further reinforcing its difficulty maintaining bullish momentum.

If Pi Network fails to maintain support at $0.50, the price may continue to decline, possibly even registering a new ATL. However, if market conditions improve unexpectedly, Pi Network may find the necessary support to push the price past the $0.70 resistance.

An increase above this level must be followed by an increase towards $0.87 to break the bearish trend and potentially validate the current view.

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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 Price Rise Unlikely. Accessed on April 10, 2025
• Featured Image: Coinpedia