Pi Network Price Plunged 6% Today (Sept 15): What Happened?

Jakarta, Pintu News – The Pi coin price is attracting attention again after the network’s testnet update to version 20 coincided with a breakout pattern.

According to Coingape (13/9), the market recently formed an “Adam and Eve” pattern, which is a bullish technical formation that often foreshadows sharp price spikes. This technical signal is in line with rising optimism, following Pi’s 3% price increase after the news was released.

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

Pi Network Price Drops 6.2% in 24 Hours

On September 15, 2025, the price of Pi Network was recorded at $0.3454, a decrease of 6.2%. If converted into today’s rupiah ($1 = IDR 16,411), then 1 Pi Network is IDR 5,668.

Pi Network’s decline came after the price had moved in a daily range between $0.347 to $0.3692, reflecting consistent selling pressure throughout the day.

Read also: Dogecoin Plunges After Strong Rally — Can It Mount a 230% Comeback?

Data from CoinGecko shows that Pi’s market capitalization currently stands at around $2.80 billion, with a fully diluted valuation of $4.31 billion. Meanwhile, the trading volume in the last 24 hours stood at around $52.31 million, indicating that there was considerable buying and selling activity amid the price drop.

Pi Coin Price Action Hints at Path to $0.45

Pi Coin’s price briefly traded around $0.37 (13/9) after breaking out of the “Adam and Eve” archetype formation, which is known as a fairly reliable bullish trend reversal signal. The base of this structure formed around $0.34, where strong buying interest repeatedly defended the zone.

The clean breakout has pushed Pi’s price through the neckline of the pattern, reinforcing short-term bullish conviction. The next major obstacle is at the $0.39 level, which was previously the upper limit in late August.

If this resistance level is successfully broken with strong volume, the next upside projection points to $0.45 as the next technical target. This target is in line with the price movement calculation from the breakout point, which further strengthens the bullish scenario.

However, if the price drops back below $0.36, this pattern could lose its validity and open up opportunities for a retest in the $0.34 area. More broadly, the price chart shows that Pi Coin is trying to stabilize after a sharp decline in August.

Keeping a position above the $0.37-$0.39 area could be the foundation for heading towards $0.50 in the long term. As previously reported by CoinGape, price projections up to $0.65 – reflecting an 81% surge – indicate strong bullish potential if momentum continues.

Read also: Ethereum Holds Steady at $4,600 on September 15 — Surge in Open Interest Raises Key Questions

Overall, technical analysis shows that the Pi Coin market is at a crucial point, with the $0.39 level determining the direction of the next rise.

Update to Version 20 Promotes Wider Trust

Pi Network’s transition to version 20 on the testnet marks an important step in its ongoing series of incremental updates. This transition triggered a 3% increase in the Pi price, reflecting the community’s enthusiasm for consistent progress.

Proponents emphasize that this move is part of a planned update cycle towards version 23. Each upgrade aims to strengthen the network infrastructure as a foundation towards full Mainnet adoption.

The general community response has been overwhelmingly positive, with millions of users looking forward to the launch of the full Pi ecosystem. At the same time, the ongoing domain auction demonstrates the growing activity of the Pi ecosystem, showing utility that goes beyond just the protocol layer.

Institutional participation has also begun to take hold, with the launch of the first ETP (Exchange Traded Product) for the Pi Network by a multi-billion dollar asset manager.

If these updates continue and Mainnet adoption is successfully achieved, Pi Coin’s long-term price projection could potentially surpass $0.45.

Overall, Pi Coin’s price is currently at a crucial point, supported by technical and fundamental signals. A breakout from the “Adam and Eve” pattern opens up opportunities towards $0.45, provided that resistance at the $0.39 level can be broken.

On the other hand, the network update to version 20 further strengthens the progress of the ecosystem, adding reasons for market optimism.

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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:

• Coingape. Pi Coin Price Prediction as Adam & Eve Pattern Signals Breakout Rally to $0.45 Ahead. Accessed on September 15, 2025