Crypto Market Movers

Story: Pi Network Drops 10% in a Week, With $0.10 Now Clearly in View

By Sakamoto Nashi

1 / 15

RSI Drops Below 30, Sellers Still in Control. The daily Relative Strength Index has fallen into oversold territory — currently sitting around 25…

2 / 15

What Happens If $0.13 Breaks. If $0.13 holds, there's a case for a short-term relief rally.

3 / 15

Pi Network's token just had a rough week. Down 10% in seven days, the price has collapsed to the $0.13 support level — a zone traders are now watching like hawks.

4 / 15

The move isn't pretty. Sellers have been in charge for eight straight candle sessions on the 3-day chart, grinding the price down roughly 30% since $0.16 gave way.

5 / 15

The daily Relative Strength Index has fallen into oversold territory — currently sitting around 25 points, well below the 30 threshold that typically gets traders' attention.

6 / 15

That's the uncomfortable part. Oversold doesn't mean bottomed. It means selling has been intense and probably extended — but the market can stay oversold longer than most traders…

7 / 15

The eight consecutive red candles on the 3-day chart aren't subtle. That's a long stretch of consistent seller dominance, and it's the kind of price action that tends to keep…

8 / 15

If $0.13 holds, there's a case for a short-term relief rally. Oversold RSI, extended sell-off, possible exhaustion — the ingredients for a bounce exist.

9 / 15

Related: George Santos Bet Against Himself on Kalshi — Now DOJ and CFTC Want Answers

10 / 15

But if $0.13 flips to resistance instead of holding as support, things get worse fast. The next significant level traders are watching is $0.10.

11 / 15

The market's reaction at $0.13 is basically the whole story right now. Either it holds and buyers get a foothold, or it breaks and $0.10 becomes the next magnet.

12 / 15

What makes it harder is that there's no obvious catalyst on the horizon to shift sentiment. No clear reversal signal in the technicals, no obvious buying pressure stepping in.

13 / 15

Traders who are watching this closely are probably focused on two things: whether the RSI starts to curl upward from that 25-point level, and whether price action at $0.

14 / 15

More context: Bitcoin Drops Below $70K, Wiping $176 Billion From Crypto Markets as AI Stocks Pull Capital Away

15 / 15

But right now? Neither is happening. The aggressive sell-off that started when $0.16 broke has been characterized by consistent downward pressure, reflected in that extended…

The Currency Analytics

Want the full story?