Pi Network Faces Another Volatile Week in the Market
The Pi Network token has endured another challenging week, with prices attempting to recover after a steep correction. Once trading just under $3 following its initial listing, PI has since fallen by over 93%, reaching an all-time low of $0.172 last weekend. Despite minor rebounds, the token remains under pressure as market uncertainty lingers.
Pi Network’s Struggle to Stay Above $0.20
At present, PI is fighting to maintain stability near the $0.20 mark, a level that has acted as both psychological and technical support. Friday’s broad crypto sell-off once again dragged the token lower, erasing its short-lived gains earlier in the week. Analysts believe that sustaining price action above $0.20 is crucial for restoring market confidence.
AI Forecasts Suggest Limited Upside in the Near Term
Three AI models—ChatGPT, Grok, and Gemini—offered their respective outlooks for PI’s short-term trajectory. Collectively, they suggest a cautious outlook, with most predicting either continued sideways movement or further weakness. According to the models, overall sentiment remains bearish in the immediate term, though a technical bounce is not entirely ruled out.
Grok Highlights Critical Support Between $0.17 and $0.18
AI model Grok identified the $0.17–$0.18 region as a key line of defense for Pi Network. Should this support zone fail, Grok warns of potential acceleration toward uncharted lows due to the absence of historical data below $0.17. However, the model also noted that PI’s Relative Strength Index (RSI) remains deeply oversold—often a precursor to a short-term relief rally if buyer volume returns.
Gemini Points to Key Resistance at $0.22 and $0.24
Gemini’s analysis emphasized the importance of reclaiming the $0.22–$0.24 resistance range, where multiple rejection points formed earlier this month. The AI predicts that breaking through this zone could trigger short-term bullish momentum, paving the way for a potential recovery toward $0.27. However, failing to hold above $0.20 could invalidate this setup and invite renewed selling pressure.
ChatGPT Assigns 60% Probability to Bearish Continuation
ChatGPT’s projection leans bearish, assigning a 60% chance of continued downside in the coming week. The AI suggests that PI’s low liquidity amplifies price volatility, making it vulnerable to sharp sell-offs from relatively small transactions. It estimates a 25–30% probability of a rebound and just 15% for consolidation within the current range. If $0.20 breaks, the model forecasts a decline toward $0.15–$0.17.
Recommended Article: AI Models Predict Mixed Outlook For Pi Network’s Price Recovery
Technical Indicators Show Mixed Signals
While sentiment remains weak, technical indicators present a mixed picture. The RSI’s oversold reading below 30 suggests potential for a corrective bounce, while trading volumes remain low—indicating limited speculative participation. Analysts caution that any recovery must be supported by volume expansion to validate a shift in momentum.
Broader Market Weakness Weighs on Pi Network
The Pi Network’s challenges are not entirely isolated. The broader cryptocurrency market has experienced sustained selling pressure, with many altcoins facing steep drawdowns. Bitcoin’s brief retracement and reduced liquidity across major exchanges have contributed to bearish sentiment, indirectly affecting PI’s market dynamics.
Investor Sentiment Remains Cautiously Pessimistic
Despite optimism from long-term supporters, traders remain cautious as Pi Network struggles to attract renewed buying interest. Market data shows that speculative volume has thinned out, with fewer participants willing to enter amid uncertain price direction. For PI to stabilize, analysts argue it must reclaim lost confidence through improved utility and stronger ecosystem engagement.
Conclusion: Consolidation or Further Decline Ahead?
The consensus from AI models suggests that Pi Network may face another week of volatility and possible retesting of key support levels. Grok’s technical outlook points to a critical $0.17 floor, while Gemini and ChatGPT highlight the $0.20 threshold as a decisive pivot point. Unless volume increases and sentiment shifts, PI may remain trapped in a narrow range between $0.17 and $0.24, delaying any meaningful recovery.
