The Pi Network (PI) is showing signs of life again after a brutal crash earlier this month. Is this the beginning of a true breakout – or just another fakeout rally?
Despite recent volatility, technical indicators suggest the potential for further recovery. With price targets between $0.60 and $0.95 over the next five years, investors are watching closely for signs of sustained momentum. This article provides a detailed technical and fundamental outlook for Pi Network from 2025 to 2029.
Pi Network Bounces Back From Sharp Decline
After plunging from $0.64 to a brutal low of $0.3969 during a single volatile session on June 13, Pi Network has managed an impressive bounce. At the time of writing, $PI trades near $0.5830, recovering over 45% from its recent bottom.
This rebound has temporarily restored bullish sentiment, but the path forward remains riddled with resistance. A descending trendline stemming from May’s high near $0.68, combined with multiple resistance clusters, continues to weigh on upward momentum.
Technical Analysis: Resistance Levels and Trendlines in Focus
The recovery began after Pi Network sharply rebounded from the 0% Fibonacci retracement at $0.3969. Strong buying activity around that zone laid the groundwork for the current rally. From there, PI swiftly reclaimed the 0.618 Fibonacci level at $0.5510.
Currently, the daily price is struggling to break past the 0.786 Fib level around $0.5936, an important short-term resistance. Just above that lies the key trendline formed from May highs, now converging around $0.5960.
On the 4-hour chart, the Keltner Channels have expanded, signaling increasing volatility. However, PI hasn’t yet pushed significantly above the midline, which reflects cautious optimism rather than full-blown bullish strength.
🔧 Indicators Support a Cautious Bullish Stance
Momentum indicators offer a mixed, yet slightly bullish outlook. Here are key technical metrics:
- Relative Strength Index (RSI): On the 30-minute chart, RSI is at 54.65, with recent highs at 57.73. This indicates growing buying interest, but not yet an overbought condition.
- MACD: The MACD histogram has flipped green, and the signal line crossover confirms increasing positive momentum.
- DMI (Directional Movement Index): +DI is at 33.53, outpacing the -DI at 25.99. The ADX remains moderate, but the configuration points to growing bullish momentum.
- ATR (Average True Range): ATR has dropped to 0.0045, down from highs on June 13, indicating a potential period of price stabilization after the initial volatility.
This setup—expanding channels, growing momentum, and declining volatility—signals a cautiously bullish phase. But for confirmation, PI must decisively break above the descending trendline and close above $0.60.
Smart Money Activity and Supply Zones
Pi Network’s volume profile reveals a significant supply zone between $0.6430 and $0.6560. This range aligns with past rejection levels and previous swing highs, which makes it a critical test for any meaningful rally.
According to Smart Money Concepts (SMC), we’ve seen recent Breaks of Structure (BOS) and a Change of Character (CHoCH), suggesting the potential for trend reversal. However, since the last highs were equal around $0.64, they might represent liquidity traps unless backed by strong follow-through volume.
Further complicating matters, Pi remains trapped beneath a long-standing falling resistance trendline from the May top. To escape, bulls must push the price above $0.5960 and sustain it as a new support level.
Why Is Pi Network Rallying?
Pi Network’s recent recovery is largely a result of oversold conditions and a broader altcoin market bounce on June 14. As macro sentiment improved and volatility cooled, traders rushed to buy the dip.
Buyers stepped in aggressively at the $0.3969 support, which was a historical low, triggering short liquidations and a rapid price bounce. However, for this recovery to transition into a longer-term uptrend, Pi must hold above key levels ($0.60–$0.62) and break major resistance on solid volume.
Short-Term Price Targets: What Comes Next?
The short-term picture remains cautiously optimistic. Here are the next important levels:
- Resistance Zone: $0.5930–$0.5960 (immediate challenge)
- Next Target: $0.6250
- High-Volume Node: $0.6437 (critical breakout confirmation)
Should Pi fail to break above these zones, the downside targets include:
- First Support: $0.5510 (0.618 Fib retracement)
- Secondary Supports: $0.5220 and $0.4925
A daily close below $0.4925 would invalidate the short-term bullish structure and could reintroduce June’s capitulation lows into play.
Pi Network Price Forecast: 2025–2029
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $0.3969 | $0.6000 | $0.6786 |
| 2026 | $0.5200 | $0.6500 | $0.7400 |
| 2027 | $0.6100 | $0.7150 | $0.8000 |
| 2028 | $0.6400 | $0.7700 | $0.8750 |
| 2029 | $0.7000 | $0.8200 | $0.9500 |
Year-by-Year Analysis and Growth Outlook
🔹 2025: A Recovery Year Hinges on $0.60 Breakout
After suffering a harsh decline in mid-2025, Pi Network’s potential recovery depends on whether it can flip $0.60 into support. If successful, it could close the year near $0.6786.
🔹 2026: Consolidation With Upside Potential
If Pi fulfills its development roadmap, expands its ecosystem, and regains user trust, it could see average prices of $0.65 with a top near $0.74.
🔹 2027: Ecosystem Expansion Could Fuel Gains
Assuming more developer integration and usage of Pi for decentralized apps (DApps), the network could hit a new peak of $0.80.
🔹 2028: Growing Developer Community Boosts Confidence
A rise in developer activity and DApp utility could push prices toward $0.8750, especially if paired with wider crypto market strength.
🔹 2029: Strategic Growth Could Deliver $0.95
If Pi Network proves its long-term value proposition and macroeconomic trends favor risk-on assets, it could challenge $0.95 in 2029.
Pi Network Coin – A Setup for Cautious Optimism
Pi Network has executed an impressive recovery, but the next few days are crucial. A sustained move above $0.60 would confirm bullish intent and open the door toward $0.64 and beyond.
While indicators support a potential uptrend, volume and resistance levels remain key obstacles. Traders should closely monitor the $0.5936–$0.5960 zone for signs of breakout or rejection.
For long-term investors, Pi’s roadmap, adoption metrics, and ecosystem growth will dictate whether it can truly achieve forecasts above $0.80 and $0.90 in the next 3–5 years.
Frequently Asked Questions (FAQs)
1. Why is the Pi Network (PI) price rising today?
The price is rebounding from oversold conditions at $0.3969, supported by a broader market recovery and technical buying activity.
2. What is the next major resistance for PI?
The next hurdle lies between $0.5936 and $0.5960, followed by a high-volume resistance zone between $0.6430 and $0.6560.
3. What happens if PI fails to break above $0.60?
It may retrace back to $0.5510 or deeper levels such as $0.5220 or $0.4925. A daily close below $0.4925 would invalidate bullish momentum.
4. Is Pi Network in a bullish trend now?
Short-term signals suggest a potential trend reversal, but confirmation requires a break and close above major resistance levels.
5. Can PI reach $0.6786 in 2025?
Yes, if PI reclaims $0.60–$0.62 and sustains bullish volume, a push toward $0.6786 remains a realistic target.
