Pi Coin Daily Price Analysis And Market Trends Report

Over the past 24 hours, Pi Network saw a small 0.3% gain, giving some hope to short-term traders. But zooming out, the token is still down 2.2% over the week, showing that bearish pressure remains strong. Bulls are trying to push the price higher, but momentum is uncertain as resistance zones remain unbroken. At the same time, bears continue to test the support levels. This struggle between bulls and bears is making the market tense. Traders are watching closely for a clear signal to determine the next direction.

Bulls’ Struggle to Hold Ground on June 19

On June 19, Pi Network kicked off with bullish momentum. A golden cross on the MACD suggested a possible upward breakout. But bears weren’t far behind. At 00:55 UTC, a death cross flipped sentiment, triggering a sharp drop. Traders reacted with caution. At 2:35 UTC, another golden cross briefly revived hope. However, weak volume meant no strong follow-up. The MACD flashed yet another death cross at 6:00 UTC, pulling prices back into a bearish grip. The downtrend gained steam, and by 13:35 UTC, another MACD death cross confirmed it. At 14:35 UTC, the RSI fell below 30, signaling an oversold condition.

PI/USDT 5-Min Chart-1, analyzed by ShwetaCW, published on TradingView, June 20, 2025

This dragged the price to its lowest point of the day, $0.5229, marking support. Bulls tried to step in after a golden cross appeared. The price moved up slightly. But from 17:35 to 17:45 UTC, the RSI spiked above 70, signaling an overbought condition, which typically warns of a pullback. Oddly, the market pushed even higher after this, as bulls attempted to gain control. Still, the upward move remained shaky. As shown in the PI/USDT 5-minute chart-1, at 22:25 UTC, another MACD death cross sent prices dipping again. The session ended with Pi Network entering June 20 in a mixed mood.

Pi Network Struggles to Break Resistance Amid Mixed Signals on June 20

On June 20, Pi Network opened with early bullish momentum as the MACD showed a golden cross at midnight. The price moved upward, and an overbought signal on the RSI at 00:20 UTC pushed it to a resistance level at $0.5456. However, the bulls quickly lost steam. At 1:00 UTC, the MACD flashed a death cross, triggering a downward trend. Bearish sentiment grew stronger as the price began to decline. At 5:20 UTC, the RSI dipped below 30, signaling an oversold, which led the price to find support at $0.5337.

PI/USDT 5-Min Chart-2, analyzed by ShwetaCW, published on TradingView, June 20, 2025

At 5:45 UTC, a golden cross on the MACD suggested a potential reversal. The price moved upward again, but the path was shaky. Oversold signals returned on the RSI at 7:30 UTC and from 7:55 to 8:10 UTC, but bulls failed to capitalize. The price tested resistance once more but couldn’t break through. A new MACD death cross at 8:30 UTC confirmed bearish pressure, pulling the price further down. Currently, the Pi Network price is hovering around $0.54. 

Pi Network Price Outlook

According to the Pi Network price analysis, if bullish momentum continues, it could break the $0.54 resistance and push toward $0.56. This would signal short-term optimism among traders. Alternatively, if the trend reverses, the price might break below the $0.53 support level. Market sentiment remains cautious, with bulls and bears watching technical indicators like the MACD and RSI closely. A confirmed breakout or breakdown could define the next trend, making this a crucial moment for Pi Network’s short-term price direction.