July Pi Network Token Unlock Ends—What Happens to the Price?

Key Takeaways

Pi Network (PI) trades inside the $0.40 horizontal support area.
If the Pi Network price breaks down, it will fall to a new all-time low.
Can PI prevent the breakdown, or is a new all-time low likely?

While June wrapped up on a high note for Pi Network, with the announcement of a new AI initiative to power app development, July has taken a starkly different turn.

The project has begun gradually unlocking its tokens, a process that started this month and will continue through 2028.

With more tokens set to hit the market, fears of increased selling pressure are mounting. If the trend continues, PI could be heading for a new all-time low.

Pi Network July Token Unlock

Pi Networks started a token unlock schedule in July, which will continue throughout August.

Roughly $28 million worth of PI tokens were unlocked in July, and the number will increase more than tenfold in August.

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PI Price Analysis

The PI Network analysis shows that the price has fallen under a descending resistance trend line since its all-time high in February.

It reached an all-time low of $0.40 twice, but bounced each time, creating a very long lower wick (green icon).

However, the third time was not the charm since the Pi Network price currently risks a breakdown from the $0.40 horizontal resistance area.

PI Breakdown — PI/USDT Daily Chart | Credit: Valdrin Tahiri/TradingView

Momentum indicators generated a bullish divergence in June, signaling a possible trend reversal.

However, this was not the case, and the Relative Strength Index (RSI) is already breaking down from its trend line.

Therefore, a breakdown and a new all-time low could occur in August.

The breakdown could trigger a sharp decline because there is no support below the current area.

Pessimism Reigns

The Pi Network risks a breakdown from the $0.40 support level, dropping it to a new all-time low.

The added pressure of its token unlock schedule will likely trigger a breakdown.

So, August’s Pi Network price prediction is bearish, and a breakdown is likely.

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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.

About the Author

Valdrin Tahiri

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.

[email protected]

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Pi Network July Token Unlock Ending — PI Price Nears All-Time Low

Pi Network July Token Unlock

PI Price Analysis

Pessimism Reigns

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