Pi Coin Plummets! Down 77% with Over 126 Million Tokens Unlocked—Is There Hope for a Rebound?

Trading at $0.6722 after a steep 77% drop from its February peak of $2.98, Pi Network’s token (PI) is approaching its historic low. Adding pressure to a market already in difficulty, the newest fall comes as 126.6 million fresh PI coins are due to be let loose this month. Though PiFest 2025 is advocating for acceptance, worries remain about sustained profitability and liquidity. Let us look at the main elements: Will PI rise, or will selling pressure drive it even higher, given technical signals pointing to more downside?

Pi Network Market Analysis & Price Outlook

Ongoing releases of tokens that have outpaced demand help explain the PI coin’s downward trend. Supply worries still loom large, with 126.6 million coins set to unlock in April and another 1.54 billion scheduled to be made available in the following year. Unless need rises notably, analysts caution that PI’s value can keep going down. Strictly speaking, PI coin is trading in a descending triangle, a bearish pattern that signals possible additional losses.  Even with initiatives to promote adoption, such as PiFest, worries about money continue to be a significant obstacle. 

Although the token has been used in transactions by thousands of sellers and merchants, price stability has not yet resulted from this practical application. Whether more adoption can counteract the selling pressure brought on by the token unlocking is still up for debate. Traders are keeping an eye out for any changes in demand that would aid in price stabilization, and the market attitude is still cautious. Pi Network’s token is probably going to continue to face pressure until there is more purchasing demand or supply issues are resolved. Let’s take a look at the Pi price prediction to see how this will impact the price of Pi.

Pi Price Prediction for April 3, 2025

On the 15-minute PI/USDT graph, prices break major support levels and keep lower, clearly showing a downward trend. The chart shows earlier resistance near 0.75 USDT and several support levels; the most recent breakdown falls below 0.65 USDT. This reverse breakout signals still more bearish momentum. The RSI indicator verifies this bearish pressure and presents 19.80 oversold conditions. Historically, oversold RSI levels have resulted in brief price recoveries; yet, the general direction is downward. 

Chart 1: Analysed by vallijat007, published on TradingView, April 3, 2025

Furthermore, the MACD line is crossing under the signal line, marking a bearish crossover that supports a further downward trajectory. If the price stays below 0.65 USDT, additional falls toward the next support area around 0.62 USDT are feasible. A bounce, though, could result from buyers stepping in from oversold levels. Whether the price can reclaim the broken support as resistance or if selling pressure continues to confirm a continuous downturn, traders should watch for this.

Future Perspective Of Pi Network

On the 15-minute graph of the PI/USDT, the price is sharply falling across significant support levels, testing new lows. The RSI at 19.80 indicates a very oversold state, implying a quick bounce. Still, the MACD’s bearish crossover shows ongoing downward pressure. Further falls toward $0.62 or less are probably coming if PI coin fails to recover to $0.65. Renewed trader and investor activity and surpassing major resistance close to $0.75 will decide the recovery. Meanwhile, pessimistic momentum rules and keeps PI’s views unstable.