Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia today (4/11/25) is again in the spotlight of investors and the crypto community. After recently experiencing selling pressure and long corrections, PI price movements have begun to show signs of revival.
Based on the latest technical analysis, PI is currently in an important phase. There are signals of reversal and opportunities for price increases to higher levels.
This is reinforced by the breakout of the downward pattern, supported by technical indicators such as the RSI, which has entered the oversold area, and the price position, which has begun to approach the strong support level.
So, what is the price of 1 PI Network (PI) in Indonesia today, and what are the prospects for future price movements? Here’s the review.
The Pi Network (PI) price movement chart shows significant price fluctuations over the course of one day (1D) on the CoinMarketCap platform. At the start of trading today, the price of PI opened at around $0.5892. The price increased to touch the highest level around $0.600 before finally experiencing a sharp correction and touching the lowest level around $0.570.
After experiencing selling pressure, the price of PI slowly began to recover. The price movement gradually stabilized and moved back up to near $0.5969 at the end of the trading session.
From the additional data beside the chart, the market cap of PI is recorded at $4.09 billion, with the transaction volume in the last 24 hours reaching $162.65 million. However, this volume has decreased significantly by 41.82%. Meanwhile, the total maximum supply of PI is 100 billion, but the supply that has been in circulation is only about 6.858 billion PI.
Community sentiment towards PI is also very positive, with 88% of investors showing bullish sentiment, compared to 12% who are bearish.
Also read: Top 10 Cryptos Ready to Lead the Rally in April 2025
According to CCN analysis, the price of PI Network (PI) is currently in a consolidation phase after a successful breakout from a long downward pattern. Based on the 4-hour chart analysis, the price of PI had previously formed a 5-wave Elliott wave pattern that finished near the $3 level, and then experienced a long correction to hit a low of $0.38 on April 5.
The price correction formed a wedge pattern (descending triangle) with phases A-B-C-D-E, which was eventually broken to the upside in the $0.54 area – a signal that the PI price may have found its bottom.
In addition, the RSI (Relative Strength Index) indicator also shows an oversold condition, which is usually the first sign of a price reversal. From a Fibonacci point of view, the price has also touched an important retracement area at 0.786 or about $0.56, which is often a trend reversal area.
If there is a true trend reversal, then the next upside target is in the range of $1.47 to $1.83.
Read also: These 3 Crypto Presale are the target of investors in April 2025
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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.
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