Among the projects launched in 2025, Pi Network stands out for its large community, given that it is such a speculative asset. In a risk-on market environment, it could resume a powerful and rapid upward trend.
Technical Downward Spiral
It is Monday, October 27, 2025, and the price of Pi is hovering around $0.24.
Our last analysis of the Pi Network cryptocurrency dates back to July 11. At that time, the asset was trading near $0.50, holding out hope for a rebound around the 40-cent support level.
Unfortunately, since then, the asset has lost another 50% of its value, hitting new all-time lows.
The question we’re asking today is whether Pi can bounce back. If a more favorable market trend were to materialize in the crypto market, could it capitalize on it?
Pi is currently ranked 65th among cryptocurrencies, with a market capitalization of $2.15 billion and a fully diluted valuation of $3.3 billion.
Recent performance indicators are encouraging—enough to motivate us to take a closer look at the technical aspects of Pi.
A Recovery That Looks Complicated
The chart for the Pi Network, launched in 2025, resembles many crypto charts that experience a meteoric rise but then undergo a slow, agonizing decline in what seems like a never-ending slide.
The April 2025 low, which could have established long-term support, was unfortunately broken, pushing the price to a new low of $0.15—an all-time low that the asset must now work to move above.
This level therefore represents the threshold that must not be breached in order to build a bullish recovery, which could be triggered if the asset manages to close above the 50-day moving average, represented by the purple resistance line.
Daily PI price chart
Despite these particularly negative factors, we can observe an attempt at a reversal following the bearish spike on October 10. A daily trend reversal occurred on October 26 when the price broke below $0.20.
Admittedly, this move has little chance of success given the long-term outlook for Pi and the rejection we are already seeing at the 50-day moving average.
However, if the asset manages to confirm the formation of a structure with a new rebound around $0.20—thereby holding the latest low reached on October 22—the Pi Network could generate a new impulsive uptrend characteristic of this type of highly speculative project.
Daily PI price chart
In summary, Pi is in a strong downtrend, although it is attempting to stabilize after hitting a new all-time low around $0.15. Is that enough? No, because the asset must absolutely reclaim the 50-day moving average before a major speculative rally can be considered.
So, do you think Pi Network’s cryptocurrency could rebound and reach new highs? Feel free to share your thoughts in the comments.
Have a great day, and we’ll see you next week for another altcoin analysis.
