60 Million Pi Network Users Potentially Join Stellar Ecosystem Amid Weakening Prices

Jakarta, Pintu News – Over the weekend, the price of Pi Network fell more than 3 percent today to $0.216, continuing a frustratingly slow downward trend.

Despite being backed by a large global community and a growing number of discussions regarding its real utility potential, the token’s price movement is still confined within a narrow range with no signs of a strong breakout.

Pi Price Held Below Strong Resistance

According to Coinpedia (14/11), analysts say that Pi is currently moving in a narrow right shoulder pattern – a technical formation that generally signals accumulation of pressure before a significant move occurs. Currently, the price is just below the key breakout zone, which hinders any meaningful rally from forming.

Read also: Pi Network Turns Green Today: Symmetrical Triangle Pattern Signals Potential Breakout

Initial resistance is in the range of $0.245 to $0.255, an area where selling pressure continues to emerge. Above it, the major neckline is at $0.29 to $0.30. A clean break above this zone would be a valid momentum change signal.

On the downside, the support level around $0.215 to $0.220 has held for several days. If this level is broken, the next target traders are watching is $0.19. The major low is still at $0.152-and if this level is touched, the current technical structure is considered a failure.

Bullish Reversal Conditions for Pi

Although the latest trend shows weakness, analysts still see opportunities for a reversal. For the bullish scenario to be validated, Pi needs to maintain the price above $0.22, break the initial resistance zone, and regain control of the neckline area at $0.29 to $0.30.

If the barrier is successfully crossed, the next upside targets are expected to be at $0.33 and $0.36, given that price movements tend to be faster after breaking the neckline. However, if Pi drops below $0.21, market control is likely to be back in the hands of the sellers.

Stellar Sparks New Enthusiasm for Pi Utility for 60 Million Users

In the past week, Pi Coin has had a hard time attracting new buying interest. With crypto market sentiment weakening and trading activity declining, PI entered a stagnant phase. Despite low volatility, pressure continues to accumulate while the market awaits the next trigger for movement.

Although the price of Pi has remained flat, its ecosystem has come under scrutiny after Stellar highlighted the huge potential of the massive Pi community. Stellar (XLM) stated that over 60 million Pi users are at the “threshold of real crypto utility,” indicating a possible transition towards active deployment on the Stellar network.

Read also: Extreme Crypto Fear: Market Sentiment Turns Negative, What’s Happening?

According to Stellar’s explanation, Pi users can start accessing the DeFi sector, explore real-world assets, and take part in real crypto applications for the first time.

A new onboarding model is designed to help passive Pi miners become active contributors in the Stellar ecosystem. Stellar calls this a quiet shift, but it has a significant impact.

Overall, Pi is currently just below the major technical neckline, with a decisive move approaching. In the event of a breakout above $0.30, the bullish momentum will strengthen significantly.

Conversely, a drop below $0.21 will change the overall technical structure to sellers’ dominance.

FAQ

What is Pi Coin (PI)?

Pi Coin (PI) is a cryptocurrency that has a large global community and is in talks to have real utility in the crypto ecosystem.

Why is the Pi Coin (PI) price continuing to decline?

The Pi Coin (PI) price continues to decline as it is trapped in a tight price range and faces strong resistance that is hindering a price rally from forming.

What does “neckline” mean in the context of Pi Coin (PI) price?

In the context of Pi Coin (PI) prices, the “neckline” refers to a critical price level that must be crossed to indicate a trend change from bearish to bullish.

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Pi Network News: 60 Million Pi Users May Soon Join Stellar Ecosystem as Price Weakens. Accessed on November 17, 2025