Pi Network Price Prediction: Is New All-Time-Low Coming After 5% Crash?

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Pi Network’s price dropped close to 5% in the past 24 hours, sliding to $0.2080. The token’s market cap fell to $1.73 billion, while 24-hour trading volume jumped 14.86% to $20.2 million, signaling heavier activity during the decline.

The slide keeps Pi  locked in a long-term downtrend. The token has already fallen 92% from its peak, and the charts show no clear signs of a bullish shift.

Support at $0.1919 Re-Emerges

The technical outlook remains weak. PI continues trading inside a descending channel, and sellers are firmly in control. The -DMI indicator sits above the +DMI, confirming strong bearish dominance.

Analysts now focus on the October 11 low at $0.1919, which stands as the next support. As long as Pi moves inside the $0.22–$0.24 zone, a short-term rebound is possible. But failure to defend the $0.21 level could trigger another sharp drop toward the critical $0.19 area.

Failed Breakout Sends PI Back Into Distribution Phase

Recent price action shows a failed breakout above high-time-frame resistance. The attempt was quickly rejected, and Pi fell back into its old trading range. The reversal produced a large bearish engulfing candle, a sign that buyers could not sustain momentum.

$PI has collapsed 92% and remains trapped in a strong, persistent downtrend.
The price continues to move within a descending channel, with the -DMI firmly above the +DMI, confirming that sellers are still dominating the market. pic.twitter.com/VVb4ElytZG

— ⚚ Mr Blur