Will Pi Network price recover to $0.20 as bearish MACD momentum exhausts at the support floor?

This week, Pi Community (Pi) worth is displaying indicators of stabilizing round a key assist zone, because the Shifting Common Convergence Divergence (MACD) momentum indicator on the each day timeframe begins to weaken after a protracted downtrend. On the time of reporting, Pi is buying and selling round $0.17, up roughly 2.63% over 7 days, alongside promoting strain displaying indicators of fading. Nevertheless, whether or not the weakening bearish momentum is sufficient to set off a restoration to the $0.20 vary stays unclear, because the market continues to face strain from heavy provide and a technical construction that has but to reverse.

MACD indicators early indicators of bearish exhaustion

Knowledge from TradingView reveals that the MACD histogram on Pi’s each day timeframe has considerably decreased and is approaching the 0 degree, a degree final seen when the value bottomed round $0.13. Moreover, the MACD line and sign line are converging across the -0.005 zone, reflecting a transparent weakening of bearish momentum.

In technical evaluation, a flattening MACD is commonly seen as an early sign that promoting strain is fading. Nevertheless, this issue alone doesn’t affirm a worth reversal pattern. A stronger affirmation sign would require a bullish crossover—when the MACD line crosses above the sign line. In different phrases, the market is at the moment in a state of “pause” fairly than “reversal.”

Worth construction stays below strain

Though the MACD reveals weakening momentum, Pi’s higher-timeframe worth construction stays in a medium-term downtrend. Since peaking close to $0.299 in March, the value has persistently shaped decrease highs and decrease lows earlier than coming into a consolidation part across the $0.16–$0.18 vary.

Pi Worth + MACD S/R chart (4H). Supply: TradingView

Analyzing the 4-hour timeframe mixed with the MACD S/R indicator, the information reveals a collection of overlapping resistance ranges, with key ranges at $0.1703 – $0.1917 – $0.2071, respectively.

On the draw back, short-term assist is recognized round $0.157, with a deeper backside at $0.1309, coinciding with earlier lows.

This means that the downtrend nonetheless prevails, and present bounces might solely be technical in nature except the value breaks via key resistance zones.

Liquidity indicators present restricted conviction

Knowledge from CoinMarketCap reveals that Pi’s liquidity stays restricted. Pi’s 24-hour buying and selling quantity is at the moment round $13.6 million, down 4.63%, whereas the Vol/MCap ratio is just 0.77%.

This implies that buying and selling exercise stays low, and there was no important enhance in shopping for strain. On this context, sideways worth motion might mirror a “wait-and-see” market sentiment fairly than a transparent constructive pattern.

Moreover, with a market capitalization of roughly $1.73 billion in comparison with a Absolutely Diluted Valuation (FDV) of as much as $17.15 billion, Pi at the moment faces a big hole between circulating provide and most provide. This disparity signifies that over 90% of the provision has but to be launched, thereby creating dilution dangers and provide strain in the long run.

Token unlocks stay a key overhang

The full remaining Pi tokens scheduled for unlocking quantity to over 6.07 billion, of which roughly 1.6 billion Pi will enter market circulation over the following 12 months, in response to information from PiScan.

Month-to-month unlock statistics. Supply: Piscan

On common, about 18 million Pi shall be unlocked every month, with peak months doubtlessly reaching as much as 432 million Pi. This implies the market will repeatedly have to soak up a big quantity of latest tokens.

Whereas liquidity stays restricted, this quantity of unlocked tokens may put strain on the value, particularly if it’s not accompanied by a corresponding enhance in demand.

Community upgrades present restricted however notable assist

Lately, Pi Community introduced the profitable deployment of the mainnet improve to Protocol 21.

The Pi Mainnet has efficiently upgraded to Protocol 21.

Node operators, please guarantee your programs are updated and keep tuned for directions relating to the upcoming v22 improve.

— Pi Community (@PiCoreTeam) April 14, 2026

In keeping with preliminary data, this improve is predicted to enhance community efficiency and lay the muse for subsequent variations, together with the talked about Protocol 22. Whereas this can be a constructive sign for product improvement, the short-term affect on worth might stay restricted as technical components and provide strain proceed to play a dominant position.

Can Pi reclaim $0.20 within the close to time period?

Pi’s skill to reclaim the $0.20 mark within the brief time period will rely on whether or not the value can recapture the important thing resistance zones above. Most instantly, the $0.17–$0.18 space stays the primary barrier to beat to bolster a restoration sign.

A transparent breakout above the $0.20 mark may pave the way in which for the value to go towards the $0.28 zone, which marks the latest peak. Conversely, if Pi fails to carry assist round $0.157, downward strain may pull the value again to the February backside ($0.13).

At current, the value is more likely to proceed fluctuating inside the $0.16–$0.18 vary, as macro and geopolitical components might have an effect on danger urge for food, thereby limiting capital move into property like altcoins.

No confirmed reversal but

Pi Community is recording early indicators of stabilization as bearish momentum weakens, in response to MACD indicator information. Nevertheless, the long-term downtrend has not but been damaged.

Strain from excessive provide, restricted liquidity, and a weak technical construction continues to be an element hindering a restoration. The prospects for restoration will rely on the value’s skill to beat key short-term resistance zones.