Price of 1 Pi Network (PI) in Indonesia Today (08/29/25)

Updated

August 29, 2025

Gambar Price of 1 Pi Network (PI) in Indonesia Today (08/29/25)

Jakarta, Pintu News – The price of Pi Network (PI) in Indonesia today, August 29, 2025, was recorded stable at around IDR5,705 or approximately $0.3561. This price movement shows continued consolidation, in line with the Wyckoff accumulation pattern which indicates the market is waiting for a big momentum.

In addition, the technical chart shows a double bottom formation and a falling wedge pattern, both of which are often considered strong bullish signals in crypto analysis.

This has led to optimism that the Pi Network price could potentially head towards a significant breakout if driven by positive catalysts in the cryptocurrency market.

How much is 1 PI in Indonesia today?

1 pi price in indonesia today — Source: Coinmarketcap

The chart displays the price movement of Pi (PI) over the past 1 day. The current price of Pi is around $0.3561, having increased by approximately +2.22% compared to the previous day.

Throughout the chart period, there were several significant fluctuations:

At the start of the day, prices were in the range of $0.347 – $0.350, with several red candles signaling selling pressure.
Midway through the day, the price experienced a sharp spike to touch around $0.360, as seen from the long green candle.
After that, the price fluctuated in an up-and-down pattern, indicating resistance between buying (bullish) and selling (bearish) pressure.
Towards the end of the chart, the price was relatively stable around $0.355 – $0.357, signaling consolidation after the previous volatility.

In terms of market sentiment, 88% of the community is bullish and only 12% are bearish, signaling that the majority of investors are still optimistic about Pi’s price movement even though its volume in the last 24 hours fell 8.37% to around $50.07 million.

Price Consolidation and Wyckoff Pattern

In recent months, the price of Pi Network (PI) has been moving in a relatively narrow range. This phenomenon is referred to as an accumulation phase in Wyckoff’s theory, where prices move sideways with volumes tending to decrease. Pi’s trading volume has also been seen steadily decreasing since May 2025, reflecting low short-term speculative interest.

In addition, volatility indicators such as Average True Range (ATR) also show a downward trend. This means that the Pi’s price movement is stabilizing, even though it is at a lower level. This condition is often a signal that the market is preparing for a big move. In the context of crypto, accumulation is usually the initial stage before the price enters the markup phase or a significant increase.

Double Bottom and Falling Wedge Pattern

In terms of technical analysis, Pi Network (PI) formed a double bottom pattern around IDR5,163 ($0.3167). This pattern is known as one of the strong bullish signals, as it shows that sellers are unable to push the price lower than that bottom. The key “neckline” level is at IDR7,567 ($0.4646), which is about 35% higher than the current price position.

In addition, Pi’s price chart also shows a falling wedge pattern, which is characterized by two decreasing trend lines that are narrowing. In cryptocurrency technical theory, this pattern usually ends with a breakout to the upside. If this scenario materializes, Pi could potentially enter a new uptrend with an initial target of the neckline level.

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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.

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