PI is up 12.33%-15% in the past 24 hours, trading near $0.075-$0.080, its second consecutive day of gains after Monday's all-time low of $0.070979. 
That's a genuinely different shape than the one-day bounces this coverage has tracked all month; this is now a two-day stretch of higher lows, and it's happening alongside a chart pattern, a falling wedge, that technical analysts read as offering real recovery potential once confirmed.
Whether 'finding its way back' is the right description or whether this is simply a longer relief bounce inside an unresolved supply glut depends on details most headlines are skipping today.
PI trades near $0.080 today, up 12.33% in 24 hours on OKX, extending yesterday's bounce off the $0.070979 all-time low.
Market cap sits near $869 million, still below the psychological $1 billion mark it fell under last week.
The falling wedge pattern on the daily chart remains technically unconfirmed; it needs a decisive close above the wedge's upper trendline, but two consecutive up days are the longest stretch of buying since the unlock-driven selloff began.
The 127.5 million PI unlock for July continues regardless, with tokens still entering circulation daily.
The honest read: this is the strongest recovery attempt of the month so far, but it's still an attempt, not a confirmed reversal. The unlock math hasn't changed; what's changed is that buyers have shown up for two days running instead of one.
Metric | Detail |
July 14 fresh all-time low | $0.070979, following a 15% single-day plunge driven by unlock anticipation |
July 15 first bounce day | +8.68% on the strongest-reading trackers, but Chaikin Money Flow remained negative at roughly -0.15 |
July 16 (today) second bounce day | +12.33% on OKX, extending the recovery into a second consecutive session |
Consecutive up-day streak so far in July | 2 days the longest since the unlock-driven decline began |
Falling wedge pattern | Still unconfirmed; requires a decisive close above the upper trendline to validate |
Market cap | $869 million, still below the $1 billion level lost last week |
Pending unlock | 127.5 million PI over 30 days from mid-July, ongoing regardless of price action |
The reason this two-day stretch is worth treating differently from the single-day bounces earlier this month is straightforward: every prior bounce in July faded within 24 hours.
This is the first time buyers have shown up on back-to-back sessions since the decline started, which is a meaningfully higher bar than anything the token has cleared so far this month, even though it still falls short of a confirmed trend reversal.
● Chaikin Money Flow turning positive would indicate genuine new capital entering rather than short covering driving the bounce.
● A reclaim of $0.085, then the former support-turned-resistance at $0.0850 and $0.0870, would need to hold across multiple sessions.
● Visible adoption data from PiVerify, the fee-in-PI identity verification product launched at Pi2Day, showing actual third-party usage rather than announcement-stage interest.
● A slowing daily unlock rate or evidence that the market has absorbed the bulk of the 127.5 million July supply without further price damage.
Metric | Current Reading |
Current Price (approx.) | $0.075-$0.80(OKX, July 16) |
24h Change | +12.33% |
Consecutive Up Days | 2 |
All-Time Low (July 14) | $0.070979 |
Market Cap | $869 million |
Chart Pattern | Falling wedge unconfirmed |
Key Resistance | $0.085, then $0.0850–$0.0870, then $0.1099 |
Pending Unlock | 127.5 million PI over 30 days |
Community Sentiment (CoinGecko) | Bullish, as of writing |
Pi Network has officially announced the Node Protocol v25 upgrade, scheduled for July 22, marking another step toward strengthening its blockchain infrastructure.
The update focuses on improving network stability, reliability, and support for more efficient, privacy-preserving smart contracts.
While the announcement reflects continued ecosystem development, investors will be watching closely to see whether these technical improvements can translate into renewed momentum for Pi Coin's price.

Indicator | Current Reading | Signal |
24h price change | +12.33% | Second consecutive up day, the longest streak in the current decline |
Chart pattern | Falling wedge, unconfirmed | Needs a decisive close above the upper trendline |
Price vs. EMAs (20/50/100/200) | Below all four, though the gap is narrowing | Broader trend remains bearish but momentum is shifting |
Key resistance | $0.085, then $0.0850–$0.0870 | First real test of whether the bounce has staying power |
Pending unlock | 127.5 million PI over 30 days | Ongoing background supply pressure, unresolved |
Scenario | Next 30 Days | End of 2026 | Key Condition |
Bear Case | $0.050–$0.070 | $0.04–$0.08 | Two-day bounce fades like every prior attempt this month; unlock supply resumes dominance |
Base Case | $0.075–$0.10 | $0.08–$0.14 | Bounce partially holds but stalls below $0.11; unlock pressure gradually eases |
Bull Case | $0.10–$0.13 | $0.13–$0.19 | Falling wedge breakout confirms; PiVerify shows visible adoption; volume expands |
Extreme Bull | $0.14+ | $0.20–$0.30 | Sustained reversal confirmed, adoption accelerates, broader altcoin sentiment recovers |
Risks | Opportunities |
Every single-day bounce in July prior to this one faded within 24 hours | Two consecutive up days is a genuinely longer streak than anything seen so far this month |
127.5 million PI unlocks continue entering circulation regardless of the current bounce | The falling wedge is a pattern associated with potential reversals if confirmed by a breakout |
Chaikin Money Flow was still negative as of yesterday, suggesting short covering rather than fresh demand | PiVerify's fee-in-PI model remains a real, if still unproven, usage-linked demand source |
Price remains below all major moving averages, keeping the dominant trend technically bearish | Market cap recovering toward $1 billion would be a psychologically significant milestone if reclaimed |