Pi Network Price Holds Around $0.34 Today as Bearish Pressure Intensifies

Jakarta, Pintu News – Pi Network is struggling to maintain its upward momentum, with prices continuing to decline in recent days.

The cryptocurrency is facing major challenges due to deteriorating market conditions, resulting in a downward trend that makes it difficult for Pi Coin to bounce back. As the market weakens, the likelihood of the price returning to an all-time low increases.

Then, how is Pi Network’s current price movement?

Pi Network Price Drops 1.4% within 24 Hours

On August 20, 2025, the price of Pi Network was recorded at $0.3488, having corrected 1.4% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,267), then 1 Pi Network is IDR 5,673.

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Within the daily range, the Pi Network price moved between $0.3424 to $0.3585, showing slight volatility but still dynamic.

In terms of market capitalization, PI recorded a value of around $2.75 billion, while its fully diluted valuation stood at more than $4.23 billion. Daily trading volume was also quite active with a value of around $54.6 million.

Pi Coin is under Bearish Pressure

Pi Coin’s Relative Strength Index (RSI) is showing a sharp decline, signaling that the bearish momentum is getting stronger. Since the RSI has not yet reached the oversold level of 30, the chance of a price reversal is still very small.

Although extremely low prices usually attract buyers looking for opportunities, Pi Coin’s current price action has not been able to trigger significant buying pressure. The absence of a visible rebound signals the possibility of a further decline is still open.

Pi Coin’s macro momentum is also showing a shift towards a bearish trend. The Moving Average Convergence Divergence (MACD) indicator is approaching a bearish crossover, with the signal line getting closer to crossing the MACD line.

As the MACD approaches a bearish crossover, market sentiment towards Pi Coin continues to weaken. This crossover would mark a significant change in momentum, while reinforcing the possibility of further price declines.

Pi Coin Price Approaches New Low

As of August 19, 2025, Pi Coin had dropped by 7.4%, currently trading at $0.354. The altcoin has broken the $0.362 support level, raising concerns regarding its ability to stabilize. The downward trend is getting stronger, reflecting the market’s increasing pessimism towards Pi Coin.

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At that time, Pi Coin was still holding above the local support of $0.344. If this support level fails to hold, the token could potentially drop further towards its all-time low (ATL) of $0.322, which would mean an 8.9% drop from the current price. If the price reaches this point, the bearish trend will strengthen further.

However, if Pi Coin is able to rebound from the $0.344 support, there is an opportunity to restore the $0.362 level as support. A successful recovery and breakout could negate the bearish scenario, potentially triggering a rise towards $0.401.

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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 Is Looking At Historic Lows As Bearish Momentum Gains Strength. Accessed on August 20, 2025