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Pi Coin is holding on to the bearish trend, amid fading momentum, token unlocks, and a lack of bullish news. It is currently trading at $0.6448, and technical indicators like MACD and moving averages across all timeframes are also in the red. Only a few indicators hint at a possible bounce.
Pi is showing a classic bearish pattern— an inverse cup and handle on the 4-hour chart. It’s now trading below the 50-day moving average. If Pi breaks below $0.5547, it could slide further toward the $0.40 range.
What’s Holding the Token Back?
Many in the Pi community are wondering where Pi is heading next. According to Pibartermall, three major issues are affecting the price.
Firstly, the continuous supply in the market is impacting the price. Over 280 million tokens are set to unlock over the next 30 days. The lack of practical ecosystem apps, with no real-world usage and long-term value, has been hurting its long-term value.
No Bullish Catalysts
June 28 holds special significance for the Pi Network community as this date has been celebrated annually to mark milestones in the network’s development. However, in 2025, the Pi Core Team announced that the previous year’s Pi2Day would be the final official celebration. So, no major events or announcements are expected on June 28, 2025.
To bounce back, Pi needs real progress and not just hype. The Core Team needs to launch more useful apps, and big exchange listings like Binance or HTX are key.
The network also faces issues over centralisation. Right now, there are only 27 active nodes, no validators, and over 300 disconnected nodes, which shows that most control remains with the Core Team. On top of that, the Pi Foundation reportedly holds over 92 billion coins in 2,000+ wallets.
Will Pi Bounce Back?
According to CoinCodex, in 2026, Pi Network’s price is expected to range between about $0.51 and $1.76, with an average price around $1.07 for the year. March could be the best month, with Pi jumping nearly 172% higher than current levels.
CoinDCX has a slightly bullish prediction, ranging from $3.8 to $5.9, as the ecosystem strengthens and adoption grows. Overall, Pi’s future depends on real progress and market trends.
Bitget’s Long-Term Outlook
Bitget’s long-term outlook for Pi Network (2026–2030) presents two scenarios: If Pi achieves mass adoption and is widely used for payments, DeFi, and e-commerce, supported by strong partnerships and consistent growth, its price could soar to $500–$1,000 or more by 2030.
However, if it fails to move beyond early hype and lacks real-world utility, it may remain in the $50–$200 range.