Pi Network Price Attempts Recovery as Technical Indicators Turn Positive

Altcoins

Pi Network Price Attempts Recovery as Technical Indicators Turn Positive

The Pi Network remains one of the most polarizing projects in the crypto world. Once celebrated as a people-powered experiment in accessible mining, the project is now navigating through uncertainty, community division, and a slow but noticeable price recovery that’s drawing cautious optimism from traders.

Key Takeaways

  • Conflicting claims about Pi’s true value have fueled division within the community.
  • The Pi Core Team is reportedly exploring tokenized assets and a PiUSD stablecoin to stabilize its ecosystem.
  • Analysts suggest Pi’s next phase could mirror XRP’s dual-token model if development progresses.

At the time of writing, Pi (PI/USDT) trades around $0.2316, marking a daily gain of roughly 2.1% on OKX. It’s a modest increase, but for a token that spent weeks in stagnation following October’s crypto market crash, any upward movement is welcome.

Technical Picture: Hints of Reversal Amid Flat Volumes

Pi’s chart shows that the token has been consolidating since early November after months of decline. The last significant drop came in mid-October, when the price briefly touched $0.20 before rebounding. Since then, Pi has established a narrow trading range between $0.22 and $0.24, suggesting that a new accumulation phase may be forming.

Momentum indicators show subtle but promising changes. The Relative Strength Index (RSI) has edged above the neutral 50 line to around 51.1, indicating a shift from bearish to neutral sentiment. Meanwhile, the MACD recently flipped positive, with the blue signal line crossing above the orange trend line — an early sign of potential upward momentum.

Analysts point to resistance near $0.25–$0.27 as the next test for buyers. If bulls can break through that zone, the next logical target sits at $0.30, a level that hasn’t been revisited since late summer. On the downside, any failure to hold above $0.22 could expose Pi to renewed selling pressure, possibly retesting $0.20 support.

For now, low trading volumes suggest that market participants remain cautious — waiting for either confirmation of a breakout or a trigger from broader market sentiment.

Community Confusion Adds to the Volatility

Beyond price movements, Pi’s community continues to grapple with misinformation and internal disagreements. The circulation of an unofficial “GCV handbook” claiming that 1 Pi equals $314,159 — a nod to Pi’s mathematical constant — has only deepened confusion.

Crypto analyst Dr. Altcoin called the dual-value narrative “entirely fictitious,” explaining that legitimate multi-token systems use separate tickers for clarity, as seen with InterLink’s ITLG and ITL. The persistence of such rumors, however, highlights a larger issue: the project’s lack of unified communication.

Many long-time supporters feel caught between belief in Pi’s vision and frustration over the absence of a clear public roadmap. With official statements scarce, speculation has filled the vacuum — both about the project’s true market value and its long-term purpose.

Core Team’s Quiet Progress

Despite the silence, the Pi Core Team (PCT) appears to be moving forward behind the scenes. Internal discussions reportedly focus on two strategic directions: integrating real-world asset (RWA) standards such as ERC-3643, and introducing a PiUSD stablecoin to bring price stability and enable tokenized transactions within the network.

A partnership with OpenMind, a project specializing in decentralized robotics, could further extend Pi’s reach. The concept involves using idle Pi nodes to process data for robotic systems, potentially rewarding participants in PiUSD.

These efforts, if realized, would represent a significant evolution from Pi’s original model of mobile mining toward a broader economic ecosystem supporting tokenized finance and decentralized applications.

Speculative Outlook: Building Toward a Structured Future

Market watchers see Pi’s situation as precarious but not hopeless. If the technical uptrend continues and the project follows through on its development roadmap, Pi could gradually rebuild credibility and liquidity.

Some analysts even compare its trajectory to XRP, which has evolved into a two-token ecosystem with RLUSD, a stablecoin integrated into its payments network. A similar structure — Pi for utility and PiUSD for settlement — could bring legitimacy to Pi’s use cases and stabilize its volatile price.

For now, Pi remains in limbo: technically stable, fundamentally uncertain, and emotionally charged. Whether it breaks above resistance or fades back into dormancy may depend less on market speculation — and more on whether its developers can turn quiet ambition into visible progress.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

telegram

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Source: https://coindoo.com/pi-network-price-attempts-recovery-as-technical-indicators-turn-positive/