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-friendly 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 concerns Pi’s ability to rebound. If a more favorable market trend were to materialize in the crypto market, could it benefit from 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 the Pi cryptocurrency.
A Recovery That Looks Complicated
The chart for the Pi Network, launched in 2025, resembles many crypto charts that experience a meteoric rise but subsequently endure a slow agony in a seemingly endless decline.
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 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 drawn in purple.
Daily PI price chart
Despite these particularly negative factors, we can observe an attempted reversal following the bearish spike on October 10. A daily trend reversal occurred on October 26 at the break of $0.20.
Admittedly, this move has little chance of success given the long-term context for Pi and the rejection we can already observe on 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 bullish move 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 this enough? No, because the asset must absolutely reclaim the 50-day moving average before a significant speculative rally can be considered.
So, do you think Pi Network’s cryptocurrency could react positively 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 a new altcoin analysis.
