|

Pi Network Price Forecast: Selling pressure builds despite vibe coding on Pi ecosystem

  • Pi Network extends losses on Friday as a 50-period EMA caps short-term recovery attempts.
  • Pi App Studio enables creators to import AI-generated apps and convert them into Pi Apps for ecosystem access.
  • The technical outlook for PI is bearish, with a risk of a steeper decline below $0.1700.

Pi Network (PI) extends losses at press time on Friday, risking a bearish breakout from a short-term consolidation range on the 4-hour chart. Pi Network remains under pressure from the 50-period Exponential Moving Average (EMA) at $0.1733, which caps short-term recovery despite the launch of vibe coding features in the Pi ecosystem.

Pi Network enables vibe coding features to boost ecosystem development

Pi Network has rolled out new vibe coding features for its developers, allowing the conversion of AI-generated apps from Codex, Claude Code, Replit, Cursor, Lovable, or other AI-assisted coding tools into Pi Apps. The AI assistance could significantly reduce the time required for app development and boost the ecosystem that has over 60 million engaged users.

https://x.com/PiCoreTeam/status/2055029463608426594

Will the PI token price extend its correction?

Pi Network is under a corrective bias, capped by the 50-period EMA at $0.1733 on the 4-hour chart and the 200-period EMA at $0.1771. The pair also sits below a nearby downtrend resistance line around $0.1741, reinforcing the upside barrier.

The Relative Strength Index (RSI) at 45 reverses below the midline, suggesting persistent selling pressure and a near-flat Moving Average Convergence Divergence (MACD) reading, hinting at weak, consolidative momentum rather than a decisive reversal higher.

On the downside, structural support is seen much lower at the long-term descending trendline, close to the S1 Pivot Point at $0.1645.

Chart Analysis PI/USD (baha Crypto)
PI/USD daily price chart.

On the topside, immediate resistance is at the 50-period EMA near $0.1733, followed by the descending trendline barrier around $0.1741; a sustained break above these would expose the 200-period EMA at $0.1771 and then the prior rising trendline break level near $0.1824.

(The technical analysis of this story was written with the help of an AI tool.)

Author

Vishal Dixit

Vishal Dixit

FXStreet

Vishal Dixit holds a B.Sc. in Chemistry from Wilson College but found his true calling in the world of crypto.

More from Vishal Dixit
Share:

Editor's Picks

Ripple slumps toward $1.00 despite network growth and ETF demand

Ripple (XRP) is holding above the key $1.00 psychological support level at the time of writing on Tuesday, even as the market endures a protracted downturn that began in mid-June.

Crypto Today: Bitcoin, Ethereum, XRP correction deepens as capitulation persists

The cryptocurrency market continues to face downward momentum on Tuesday, with Bitcoin (BTC) sliding below $60,000, Ethereum (ETH) breaching the $1,600 mark, and Ripple (XRP) retreating toward its critical $1.00 psychological threshold.

Why a hawkish Bank of Japan could trigger the next Bitcoin sell-off

The Japanese Yen (JPY) recorded its lowest level in four decades, at 162.00 against the US Dollar (USD) on Tuesday, raising concerns that the Bank of Japan (BoJ) could intervene to protect the Yen.

Bitcoin struggles near $59,500 amid persistent ETF outflows, US-Iran Doha talks in doubt

Bitcoin struggles around $59,500 on Tuesday after a massive two-week correction. Investors remain cautious as the US and Iran offer different signals over whether their delegations will hold direct peace talks in Qatar.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.