Bitprismia

Pi Network price prediction for August 2025 – Can it reverse 75% losses?

2025-07-31 07:03:56

Main Idea

Pi Network's price has dropped to a key support level of $0.40, which could potentially trigger a rebound in August, but broader market sentiment and technical indicators remain uncertain.

Key Points

1. Pi Network's price fell 75% from $1.67 to $0.40 after a 190% surge in May, with persistent profit-taking over the past two months.

2. The SuperTrend indicator remains on a 'sell' signal, but a positive pivot could suggest a reversal, with potential recovery targets at $0.67 or $1 (50% Fib level).

3. Social volume and market sentiment for Pi Network are low, with declining Open Interest (OI) from nearly $17 million to below $12 million.

4. A failed attempt to break the downtrend in mid-July did not spark a strong rally, as indicated by low funding rates and declining OI.

Description

Defending $0.40 could offer bulls some relief and a shot at fronting a recovery.

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$PI
$0.3682
-9.23%

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