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Pi Network Price Drops After a High Spike, What Happened? – Pintu

Jakarta, Pintu News – After months of stagnation, Pi Network is finally showing signs of life again. Pi Coin’s price jumped nearly 32% this week, making it one of the token’s best performers in recent months.
Traders see this Pi Coin rally as the start of something bigger. However, some indicators on Pi’s chart suggest that this rally could be fragile if the price hasn’t been able to break a key level.
The signs beneath the surface point to a deeper story, where market confidence is slowly and quietly recovering, and the next big move will likely determine Pi’s direction in the coming weeks. So, how did the Pi Network price move today?
On October 30, 2025, the price of Pi Network was recorded at $0.2592, a decrease of 2.7% in 24 hours. If converted to the current rupiah ($1 = IDR 16,623), then 1 Pi Network is IDR 4,308.
Read also: Pi Coin Up 30% After Pi Network Joins ISO 20022 for Global Banking Integration!
It is moving in a daily range between $0.2573 to $0.2834, showing volatility albeit with a bearish tendency.
This price decline was also accompanied by a decrease in market cap to approximately $2,145,491,025. In terms of market activity, the trading volume in the last 24 hours was quite high, reaching $107,193,584, which reflects that there is still active buying and selling interest despite the weakening price.
The momentum behind Pi Coin’s rally isn’t just random speculation – the impetus is coming from multiple sides of the market.
The Smart Money Index (SMI), which tracks activity from historically profitable or institutional-owned wallets, has surged sharply since October 25. The index just surpassed its signal line for the first time in weeks – a sign that large investors are starting to come back in after many held back during the recent downtrend.
Whale movements have also started to reflect this optimism. The Chaikin Money Flow (CMF), an indicator that measures large fund flows, just rose above zero for the first time since mid-September.
The last time this indicator showed a similar signal, Pi Coin experienced a brief price spike before falling back. Now, the positive CMF indicates that whales are reallocating capital to this token, rather than exiting the market.
Retail traders seem to be following the lead of large investors in this ongoing Pi Coin rally.
The Money Flow Index (MFI) – an indicator that combines price and trading volume to measure buying pressure – has been showing higher peaks since October 12, reflecting consistent accumulation. When these three signals – smart money, whales, and retail – move in sync, it is usually a sign of a quiet accumulation phase before a major price move.
Read also: Pi Crypto News: Pi Network Technical Patterns Hint at Surge Despite Manipulation Issues
However, this confidence will soon face its biggest test.
In the daily chart (29/10), the price of Pi Coin is still inside the falling wedge pattern, which is a pattern that often signals a reversal to a bullish trend. On October 27, the price briefly tested the upper limit of the wedge at $0.29, but was immediately suppressed by the sell-off.
Nevertheless, buyers managed to regain control of the situation, keeping Pi Coin’s rally structure intact.
If Pi Coin manages to break and close above the $0.29 level, then this will be a confirmation of the breakout and open up opportunities towards the next targets at $0.32, then $0.37. However, the first barrier to the continuation of this rally is the $0.28 level – which has previously been identified as an early important resistance.
A strong move through this zone could significantly change market sentiment in a bullish direction.
Even so, risks are still lurking. Between August 9 and October 29, Pi Coin’s price made lower highs, while the Relative Strength Index (RSI) indicator – a tool for measuring buying and selling strength – made higher highs. This mismatch is referred to as a hidden bearish divergence, which usually indicates that the downtrend still holds strength.
In the past three months, Pi Coin is still down 36.8%, signaling a long-term trend that is still bearish for now. If the price drops below $0.20, then this bullish pattern will be completely invalidated, and the price could potentially fall further to the $0.18 or even $0.15 range.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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