What Happens to Pi Network? | Credit: Hameem Sarwar
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Key Takeaways
Pi Network broke out from a long-term resistance trend line.
Pi Network trades inside a descending parallel channel.
Has the PI coin reached a bottom, or will it fall again this year?
Pi Coin is facing a critical moment after breaking its long-term resistance for the first time since launch.
However, despite the breakout, the price is still struggling to gain traction, and now traders want to know whether Pi Coin has finally bottomed or if further downside is to come.
With PI still down 95 percent from its debut and trading near key levels, the next move could shape its entire 2025 outlook.
So far, it has fallen by 95%, reaching a low of $0.152 on October 10.
PI bounced afterward, but did not break out from the diagonal resistance.
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Therefore, all signs indicate a potential drop to $0.195, which would also retest the long-term breakout level.
Until PI hits that zone, upside potential remains limited, and any rally is likely to be short-lived.
Pi Coin Could Crash
Pi Coin is at a pivotal level.
The long-term breakout was promising, but weak momentum, repeated rejections, and bearish indicators all point to one more drop before any real recovery.
If PI holds the $0.195–$0.20 support area, a short-term rebound becomes likely.
But if that level fails, the trend turns decisively bearish and new lows may follow.
Traders should closely watch the next move, as this support level could determine Pi Coin’s trend for the remainder of the year.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
