Pi Network Price Crashes Near Rock Bottom – Is a Massive Rebound Coming?

Jakarta, Pintu News – Pi Network is experiencing a significant downward trend, with the latest price standing at $0.44-just slightly above the all-time low of $0.40.

The altcoin has experienced consistent price drops over the past two months, and current market conditions haven’t given much hope for a recovery.

According to BeInCrypto, one of the main factors causing this bearish trend is Pi Coin’s weakening correlation with Bitcoin (BTC), which could complicate its recovery prospects in the future.

Pi Network Price Rises 0.6% within 24 Hours

On July 21, 2025, the price of Pi Network was recorded at $0.4492, a slight increase of 0.6% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,339), then 1 Pi Network is IDR 7,339.

Read also: Could the GENIUS Act Send Pi Network Skyrocketing Past $1?

In the past 24 hours, the price of PI moved within a range of $0.4424 to $0.4536, showing moderate but promising volatility for day traders.

Pi’s market capitalization currently stands at $3.46 billion, while its fully diluted valuation stands at $5.32 billion. Trading activity is also fairly active, with 24-hour transaction volume reaching $81.1 million.

Pi Coin Continues to Lose Support

Pi Coin’s correlation with Bitcoin-which is an important factor for many altcoins-continues to decline. Currently, Pi Coin’s correlation stands at -0.50, which means it is moving in the opposite direction of Bitcoin.

While Bitcoin has been on the rise in recent times, the reverse movement of Pi Coin is a cause for concern.

The mismatch between the movement of Pi Coin and Bitcoin is now an increasingly glaring problem. The bullish market sentiment, driven by the rising price of Bitcoin, has not been able to have a positive impact on Pi Coin.

Although sentiment towards Pi Coin is currently trending negative, there are some indications of potential volatility. The Squeeze Momentum indicator shows an accumulation of bullish momentum, which is signaled by the appearance of black dots on the chart.

This can trigger volatility pressure, which is often followed by sudden price movements when the pressure is released.

However, in Pi Coin’s current state, the pressure could have resulted in a sharp decline, which would have worsened the altcoin’s condition.

Read also: Bitcoin Hits $118K Today (July 21) — 43% Social Buzz Hints It’s the Perfect Time to Buy!

With the dominance of bearish momentum still strong, any spike in volatility could further push the price closer to its All-Time Low.

PI Price in Danger

Pi Coin’s price is currently at $0.44, just below the important resistance level at $0.45-a crucial point for this altcoin. However, in the ongoing downward trend, this level is proving difficult to break.

Over the past two months, the altcoin has been on a relentless decline, and without any significant support, Pi Coin remains vulnerable to further declines.

Currently, Pi Coin is only about 10% away from its all-time low of $0.40. With unfavorable market conditions and a negative correlation to Bitcoin, the likelihood of the price going down to that level is increasing.

Even so, if buying pressure from investors increases, Pi Coin still has a chance to experience a price bounce. If it is able to break the $0.45 level and turn it into support, the price has the potential to rise to $0.49.

If this scenario occurs, the current downward trend could be nullified, opening up opportunities for Pi Coin to turn things around and begin a recovery phase.

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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 Coin Price Nears All-Time Low. Accessed on July 21, 2025