Jakarta, Pintu News – Pi Network (PI) is currently in a prolonged phase of flat price movement, a pattern that indicates potentially serious problems for this altcoin. Over the past two weeks, the price of Pi Coin has tended to stagnate, and this has triggered a change in investor sentiment to become increasingly bearish.
The lack of positive momentum, coupled with the lack of support from the crypto market as a whole, has further worsened Pi Coin’s condition. This situation pushes the coin closer to a potential price breakdown, which could mark the beginning of a deeper decline if the selling pressure continues.
On October 23, 2025, the price of Pi Network was recorded at $0.1999, a decrease of 1.7% in 24 hours. If converted into today’s rupiah ($1 = Rp16,643), then 1 Pi Network is Rp3,327.
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In a 24-hour time frame, the price of PI moved between $0.1951 to $0.204, showing relatively low volatility. Pi Network’s current market capitalization stands at $1.65 million, while the trading volume over the last 24 hours stands at around $20.8 million, indicating a fairly active buying and selling activity amidst the price drop.
The weighted sentiment indicator, which measures the collective mood of investors, is showing a red signal for Pi Coin. Its value has dropped well below the neutral line, signaling deep pessimism among market participants. This bearish outlook reflects waning confidence in Pi Coin’s short-term prospects.
Such negative sentiment usually leads to selling pressure, which exacerbates an already weak technical structure. Investors filled with doubts are likely to opt out of their positions, potentially triggering further price declines.
From a broader technical perspective, Pi Coin’s macro momentum remains in a strong bearish trend. The Relative Strength Index (RSI) indicator – commonly used to measure trend strength – is currently in the bearish zone, even touching oversold levels several times.
Historically, oversold conditions on the RSI can signal a reversal. However, in the case of Pi Coin, this has not been proven. Instead, the absence of an upward push indicates that the altcoin is struggling to attract buying interest, even when trading at lower prices. This trend emphasizes the continued weakness in the asset’s macro structure.
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As of October 22, Pi Coin’s price is at $0.203, and has managed to stay above the crucial $0.200 support level for the past two weeks. Despite mounting selling pressure, the altcoin is still holding its own, suggesting resilience on the part of buyers.
If this consolidation phase continues, prices will likely remain flat around current levels.
However, if the bearish sentiment gets stronger and selling pressure increases, Pi Coin risks losing its foothold at the $0.200 level. If the breakdown occurs, the price could drop towards the next support at $0.180.
This drop would bring Pi Coin closer to its all-time low of $0.153, a scenario that could potentially shake the confidence of long-term holders.
On the other hand, if Pi Coin manages to bounce off the $0.200 base level, there is a chance that the price will target the resistance level at $0.229. If this resistance is successfully broken, the current bearish pattern could be broken and open up opportunities for a short-term recovery.
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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. Crypto trading activities have high risk and volatility, always do your own research and use cold 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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