Jakarta, Pintu News – The price of Pi Network (PI) in Indonesia as of August 22, 2025 shows a movement that has caught the attention of crypto investors.
Despite the declines in recent days, the latest technical analysis indicates significant upside potential of up to 150%. This is supported by the formation of a rare falling wedge pattern on PI’s daily chart – a strong signal that the correction phase may be coming to an end and a major bullish move could be on the horizon.
Is it a good time to start looking at PIs again?

In the PI (Pi Network) daily price chart displayed above, there is a noticeable downward trend in the last 24 hours. PI’s price is currently at $0.3571, registering a decline of 3.55% in one day. The candlestick chart shows several dominant red candles, signaling strong selling pressure, especially in the afternoon to evening period of August 21.
There were also a few green candles towards the morning to afternoon of August 22, indicating a slight price recovery, although not strong enough to reverse the downward trend.
Other supporting data:
Despite the price drop, the community sentiment is still very positive, with 88% of votes being bullish out of over 4.2 million votes. This shows that many community members are still optimistic about PI’s long-term prospects.
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Pi Network’s price chart is signaling a potential major surge. Technically, Pi’s ongoing price decline seems to be coming to an end, due to the appearance of a falling wedge pattern which is considered very bullish (positive) on the daily chart. This pattern is formed from two declining and narrowing trend lines.
Usually, when these two trend lines are close to meeting, prices tend to breakout – and right now, that’s already happened.
Another positive signal comes from the Bollinger Bands indicator, where the three lines are starting to narrow and come closer together. This narrowing signals that price volatility is low, which is often the first sign of a strong price movement – usually upwards.
According to the technical analysis above from Crispus Nyaga, crypto analyst at Crypto.news, if this scenario materializes, the price of Pi Coin has the potential to breakout to the $1 resistance level, which means an increase of about 150% from the current price.
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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. 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.
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