Pi Coin price prediction: Sellers regain control, will Pi Coin return to sideways movement? Key support level at $0.229

Pi Coin (PI) price has decreased by approximately 15% over the past week, down to $0.220, accompanied by a surge in capital outflows and the Chaikin Money Flow (CMF) indicator falling below zero, indicating weakening investor confidence. Meanwhile, the MACD indicator is approaching a bearish crossover, suggesting increased downside risk, which could cause Pi Coin to again trade sideways within the $0.209–$0.198 range. If it can regain the $0.229 support level, the token may have a chance to rebound to $0.246, provided market inflows continue to increase.

Pi Coin Faces Heavy Selling Pressure: Investor Confidence Weakens

After a brief rebound in late October, Pi Coin experienced another wave of selling this week. As market sentiment cools, investors are taking profits and withdrawing funds, leading to deeper declines in recent days.

Technical indicators show that Pi Coin’s short-term trend is being dominated by sellers. According to the Chaikin Money Flow (CMF) data, capital flow indicators have fallen to their lowest levels in nearly two months and dropped below the neutral line (0). This suggests that current market selling pressure exceeds buying interest, and funds are flowing out of the Pi Coin market.

This indicates that market confidence is eroding, with some investors reducing holdings or staying on the sidelines. If capital inflows do not recover, Pi Coin’s rebound potential will be limited, and market liquidity will continue to decline.

Technical Analysis: MACD Approaching Bearish Crossover

(Source: TradingView)

From a technical perspective, the MACD (Moving Average Convergence Divergence) is nearing a bearish crossover. The blue MACD line is about to cross below the signal line, indicating that market momentum is shifting from neutral to negative.

Historically, whenever Pi Coin shows similar signals, the price tends to experience significant pullbacks. This sign reinforces the short-term downside risk, suggesting the market trend could again turn sideways or downward.

The current technical structure indicates that if momentum is not regained, Pi Coin may continue to consolidate weakly, further testing key support levels.

Price Structure: Possible Return to Sideways Range

Pi Coin failed to break through the $0.260 resistance level over the past week, with the price declining about 15%, currently trading near $0.220. Market support is weakening, and declining investor confidence is limiting rebound strength.

If selling pressure persists, Pi Coin could break below the $0.209 support zone and re-enter the $0.209–$0.198 sideways range. Previously, it hovered within this zone for several weeks, forming a consolidation pattern. If this pattern repeats, Pi Coin’s recovery cycle could be extended again.

However, if the price stabilizes and reclaims the $0.229 support level, Pi Coin may initiate a short-term rebound targeting the $0.246 resistance level. Analysts note that only sustained capital inflows and market activity recovery can reverse the current bearish trend.

Pi Coin Latest Developments and Milestones

• Mainnet Launch Preparation:** The Pi Network core team continues to emphasize that the mainnet launch depends on two key factors:
  • KYC Progress: A sufficient number (millions) of pioneers must complete identity verification.
  • Ecosystem Maturity: There must be enough practical applications (dApps) operating on the Pi platform with real use cases.
• V23 Protocol Upgrade Progress: The project team is advancing the Testnet2 V23 protocol upgrade. This upgrade aims to introduce smart contract functionality (Soroban) and DeFi integration to build a blockchain infrastructure compatible with Stellar SCP.
• ISO 20022 Standard Integration: Pi Network plans to implement the ISO 20022 global financial messaging standard by November 22, 2025. This standard can improve cross-border payment efficiency and may facilitate integration with traditional banking systems, enhancing its potential as a payment tool.
• User Growth and KYC Verification: As of now, over 7 million verified users have completed KYC processes, with more than 2.69 million users completing mainnet migration. AI-driven automated KYC processes are accelerating user identity verification.

Pi Coin Market Dynamics and Community Activities

• First Venture Investment: Pi Network Ventures (Pi’s startup fund) recently made its first strategic investment in AI robot company OpenMind, aiming to apply blockchain technology to real-world AI applications.
• Price Fluctuation: Driven by positive news, Pi Coin (PI) experienced a significant surge in late October (with gains exceeding 29%), and trading volume spiked. However, these trades occurred in the IOU (I Owe You) token market, which does not represent actual Pi Coin value and is highly volatile.
• Fraud Warning: The Pi Network core team continues to warn users to beware of various scams using Pi’s name, including false claims of mainnet launch or token sales.

Market Interpretation: The Psychology Behind Capital Outflows

From a behavioral finance perspective, the current selling pressure is driven not only by technical signals but also by market panic and short-term speculative psychology. As major cryptocurrencies like BTC and ETH experience increased volatility, some investors are locking in profits and avoiding risk assets, which accelerates Pi Coin’s downtrend.

Additionally, recent overall liquidity tightening in the crypto market and ETF fund outflows weaken buy support for small- and medium-cap tokens. In the short term, if Pi Coin cannot attract new capital, its market activity may continue to decline.

Conclusion

Pi Coin is at a critical turning point: if it holds the $0.220 support and reclaims the $0.229 level, a rebound remains possible; if it falls below $0.209, it may return to sideways trading. Both technical indicators and capital flow suggest a short-term weakening market, and investors should monitor liquidity and trading volume changes.

During periods of increased volatility, prudent capital management and trend confirmation remain key when trading Pi Coin and other small- to mid-cap tokens.