Forecasts for Pi Network's (PI) Cryptocurrency Value This Week
As of August 2025, Pi Coin (PI) has been experiencing mixed price movements, with a prevailing broader downtrend since May. The cryptocurrency has key support levels around $0.30–$0.36 and resistance near $0.46 to $0.78, as reflected by a descending trendline resistance.
Recently, the price of Pi Coin rallied towards $0.46, but was sharply rejected, sending it back near $0.41. This demonstrates strong supply pressure and resistance at the $0.46 zone that aligns with technical indicators like the upper Bollinger Band and daily EMA cluster.
Sell volume and momentum indicators show caution. Trading volume has dropped significantly, with a 69% decline noted recently, and indicators like the On-Balance Volume (OBV) are near multi-month lows, suggesting weak accumulation despite occasional price spikes. The Chaikin Money Flow highlights predominance of selling pressure, and the MACD indicator is near zero, indicating weak momentum, while the Stochastic RSI nears oversold levels, which may suggest short-term buying interest but no strong reversal yet.
Key price levels for Pi Coin include support around $0.362, $0.357, and a lower support near $0.30, with the all-time low at about $0.322. The immediate resistance is at $0.44–$0.46, with stronger resistance at $0.78 and above ($1.50, $5.00 are further levels).
The outlook remains cautiously bearish in the short term, with a predicted price decline to about $0.30 in the coming days according to some forecasts. However, a breakout above $0.78 would be a critical level signaling a potential trend reversal.
In summary, Pi Coin is trading in a downtrend with key resistance near $0.46 limiting upward movement and important support near $0.30–$0.36. Sell volume dominates as indicated by declining OBV and Chaikin flows, and RSI-related indicators show oversold conditions but no confirmed strong buy signals yet. It's important to note that sellers have shown less activity since the price recovery, but it's premature to conclude they have lost interest. Sellers could return once the current bounce is over, and the key support level for Pi Coin is $0.32. If Pi Coin breaks above the resistance at $0.37, it could signal a potential reversal. Buyers have shown interest at the $0.32 price level, and the price of Pi Coin has found support at this level. The ongoing downtrend for Pi Coin suggests that it may continue for some time.
- Given the ongoing downtrend of Pi Coin, some financial analysts predict a price drop to as low as $0.30 in the coming days.
- The resistance level that Pi Coin experienced at $0.46 has shown strong selling pressure, impacting its crypto trading and making it difficult for bitcoin-like investments to move above this level.
- In contrast, a potential breakout above the resistance at $0.37 and the all-time low of $0.322 could indicate a reversal in the investment trend of Pi Coin, potentially signaling a longer-term price increase.
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