Pi Network price has returned close to $0.10 after gaining more than 11% over 24 hours.
Summary
- Pi Network price jumped 11% as buyers returned, but the broader downtrend remains firmly intact.
- PI must reclaim $0.12 resistance while improving momentum indicators confirm whether the rebound can continue.
- Protocol v25 and a falling wedge support recovery hopes, while token unlocks still pressure demand.
On July 20th, PI traded around $0.099, with over $42 million worth of the token changing hands. Its market value was approximately $1.08 billion, and the price fluctuated between $0.0883 and $0.1019 throughout the day.
PI is showing signs of recovery after a challenging month. While the token is still down significantly – over 26% in the last 30 days and roughly 78% over the past year – it recently bounced back from an all-time low of $0.070979 reached on July 14th. This recent increase has improved its short-term performance, but overall, the token’s value remains well below its peak of over $0.50 from mid-2025.
PI Network price rebounds from its latest record low
Since hitting its lowest point in July, more people have been buying PI Network tokens. Last week, crypto.news reported a nearly 20% price increase as the token recovered from being oversold and benefited from a generally positive trend in the cryptocurrency market. This upward momentum continued when the Pi Core Team announced that Protocol v25 will launch on July 22nd.
The price of PI has recently increased, briefly reaching around $0.10. However, similar gains in the past haven’t lasted long. In March, PI’s price rose to nearly $0.30 when it was listed on Kraken, but then fell by over 38% from that high point. This drop pushed the token below $0.20 and continued its overall downward trend.
As an analyst, I’m seeing this recent price increase as a potential recovery, but not a confirmed reversal just yet. For it to signal a true shift in trend, PI needs to maintain its current support level and start establishing a pattern of higher lows. Until then, I’m cautious about calling it a reversal.
The daily price chart shows PI forming a falling wedge pattern, which appears after a prolonged period of decreasing highs and lows. Crypto analyst Crypto With Gopal notes that selling pressure seems to be decreasing, and the price is nearing a critical point within the wedge, suggesting a potential change in direction. However, a definitive breakout above the resistance level, accompanied by increased trading volume, is still needed to confirm this shift.
PI stock has been falling for a while now, but it’s currently showing a pattern that could signal a turnaround. The price is tightening into a wedge shape as selling pressure weakens and buyers step in to support the price. This often means a bullish reversal is coming, with potential for a breakout and upward momentum.
— Crypto With Gopal (@cryptowithgopal) July 13, 2026
Recent market indicators suggest conditions are improving. The Relative Strength Index (RSI) is currently at 47.66, a noticeable increase from its recent average of 23.22. This indicates that the intense selling pressure seen previously is starting to lessen. However, with the RSI still below 50, the market hasn’t yet demonstrated strong upward momentum.
The MACD is starting to show some improvement. The histogram is slightly rising around 0.00122, and the MACD line (at -0.00986) has crossed above its signal line (-0.01108). However, both lines are still negative, meaning the overall trend isn’t yet fully positive.
$0.12 to $0.15 remains the main resistance zone
PI is now facing a crucial test between $0.12 and $0.15. If it rises above this range, it would return to levels that previously supported its price before the drop in July. As we’ve discussed before, $0.12 is an important price point for a potential recovery, especially since PI started July near its lowest values.
Keep an eye on the $0.10 mark. The price briefly went above it recently, but it’s more important if it *stays* above that level. If the price closes above $0.10 and then rises past $0.12, that would suggest a continued recovery. However, if the price falls back down, we could see it drop towards $0.088.
Looking at past performance, it’s wise to be cautious. This stock has often seen temporary price increases during overall downward trends, but it eventually falls back to its previous low points. Things would need to change – specifically, consistent strong buying and the price breaking through previous resistance levels – to signal a genuine recovery.
Protocol v25 and token unlocks shape the next move
The upcoming Protocol v25 update is something for traders to keep an eye on. It’s designed to make the network more reliable and add features for smarter, more private contracts. The announcement already helped PI bounce back from a recent low point in July, but whether that recovery continues will depend on continued buyer interest after the upgrade launches.
The amount of PI tokens available is also important. In July, around 103.7 million PI tokens were released, which could increase the number of tokens being sold while demand hasn’t been consistently strong. Our previous reporting highlighted that the price of PI in July depended heavily on whether new uses for the token could balance out these releases.
Recently, one investor has been noticed for collecting over 400 million Pi tokens, even as the price hit all-time lows. While significant holdings like this can get people talking, they don’t necessarily solve issues related to future token releases or ensure a lasting recovery in price.
As a crypto investor, I’m watching PI closely. It’s bounced back from its all-time low and is currently trying to break past $0.10. The technical indicators, like RSI and MACD, are starting to look better, which is encouraging. If it can confidently move above $0.12 with increased trading volume and RSI climbing above 50, that would be a strong signal that buyers are taking over and it could be a good entry point.
For now, the recent price increase is still happening within a larger downward trend. PI needs to move above $0.12 to $0.15 to really start recovering.
2026-07-20 14:12