Bitcoin

Why is Pi Coin Price Down Today?

Pi Coin had to face the weight of the unlocking of massive tokens, which led the price PI to reach a hollow of $ 0.341, just a few hours ago. More than 19 million IPs were released in circulation on August 1, accelerating the downward spiral. It should be noted that the previous unlocks such as the event of 8 million tokens in May 2025 caused similar titles of 30%.

The price down 13.75% in the last 24 hours and more than 20% in a week, investors are concerned about another drawback. The sales waterfall resulted in volume from 82.79% to $ 157.65 million. If you hold a PI or plan to stack some of the DIP, this PI price analysis is an essential reading for you.

Analysis of PI network prices:

Technically speaking, Pi Price violated key support areas. Ventilation below Fibonacci’s retracement 78.6% to $ 0.389 opened the doors to $ 0.35, now oscillating at $ 0.3,491. Speaking of indicators, the RSI is at 26.02, which has been the most overlooked since June.

In addition, Pi remains isolated from broader cryptography trends. With the Altcoin season index at 36, the domination of Bitcoin increases, leaving altcoins as a pi behind. The correlation of 30 days of PI with Bitcoin is at -0.27, showing that it does not follow the example of the larger market. That said, a lack of level 1 lists such as Binance and Coinbase still limits liquidity and institutional entrance.

Pending, if the support of $ 0.32 fails, PI could fall into the sale of panic. Uplining, a reduction in daily unlocks in September (projected 5.3 m / day) can mitigate the pressure and allow the market to digest the supply of current.

Analysis of Pi Coin 2-8-25 price analysisAnalysis of Pi Coin 2-8-25 price analysis

Coming to price objectives, if Pi Coin manages to recover the resistance level of $ 0.4022. The bulls will have a significant control and will help Moons get the price to $ 0.52 short and halfway. That said, in such a case, Pi Price could go around $ 0.64 afterwards.

Faq

Why did Pi joined the accident so suddenly?

A massive token unlock of 72 million this week flooded the market, triggering a net sale.

Has Pi Coin occurred now?

Yes, with an RSI of 26.02, PI has been at its most popular level since June 2025.

What is the key support to look at?

$ 0.32 is a crucial support. A break below can lead to the sale of panic at $ 0.30 or less.

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