Pi Network Price Prediction: $PI Test Triangle Support After Rejection

So what's the near-term Pi Network price prediction? It really comes down to one thing: does triangle support hold? 

Buyers defend it, price breaks higher on volume, and $PI has a real shot at climbing toward resistance above. 

Support gives way instead, and PI is likely heading lower before any recovery attempt gets going again.

Live PI Price Data

Pi Network is currently trading around $0.08318 right now, down 3.8% on the day after swinging between $0.08305 and $0.08683 over the last 24 hours. 

Market cap sits at $914.121M against a fully diluted valuation of $1.406B, a gap that reflects how much supply is still locked up and waiting to enter circulation over time. 

Source: Market Cap Data Taken From Coingecko, data as of Aug 03, 2026. Figures may vary slightly across other tracking websites.

24-hour trading volume came in at $5.053M, on the lighter side, which is worth keeping in mind since thinner volume can make breakouts and breakdowns move faster than they would on a heavier book. 

$PI News Today

A crypto commentator flagged a supply-side concern this week: roughly 128 million mined $PI is set to unlock this month alone, and much of that tends to land on centralized exchanges once it's freed up.

Source: Data Taken From @Dr_Picoin, X Account.

That figure doesn't even account for any extra tokens the Pi Core Team might choose to sell on top of it. 

Fresh supply hitting exchanges around the same time as a pullback isn't exactly a coincidence traders like to see, and it lines up with why volume has stayed on the lighter side while price tests support. 

Worth keeping in the back of your mind alongside the chart levels. 

PI has been carving out a symmetrical triangle on the 4H chart, and the price just got rejected off the upper boundary near the $0.08800 zone. 

Source: Chart Taken From TradingView.

Right now it's trying to test the triangle's mid-range support around $0.08030. 

Here's the setup. Bounce off this support with decent volume, break back above the upper boundary, and the path opens toward $0.09253, then $0.10058. 

But if this support cracks, if sellers push through the lower boundary instead, PI likely slides toward $0.07047 next. 

This Pi Network price prediction really hinges on which boundary gives way first.

Daily Chart Technical Analysis

Zooming out to the daily chart, the $PI is riding an ascending channel, currently sitting almost right on the channel's lower boundary near $0.08340. 

Source: Chart Taken From TradingView.

Two paths from here. Bounce off this level, clear the channel's upper boundary on volume, and resistance at $0.11422 comes into view, with $0.13604 possible after that. 

Break the lower boundary instead, and support at $0.07036 is the first stop. 

If that fails too, chart mapping points to a deeper Fibonacci 1.618 extension level near $0.05034, a level worth watching if the broader trend really breaks down.

Key Takeaways

• PI is trading near $0.08318, down 3.8% on the day, right after getting rejected off the upper boundary of a 4H symmetrical triangle.

• Hold the triangle support, break higher with volume, and $0.09253 comes into play, with $0.10058 next in line.

• Lose that support instead? The triangle's lower boundary opens up, and $0.07047 is the next stop.

• Over on the daily chart, PI sits close to the lower edge of an ascending channel. A bounce with a volume breakout targets $0.11422 and then $0.13604.

• Break the channel's lower boundary instead, and $0.07036 comes first, with a deeper Fibonacci-based level near $0.05034 waiting after that.

Bull vs Bear Scenarios

What do bulls need? Triangle support holding, a break above the upper boundary on volume, and follow-through toward $0.09253 and $0.10058. 

Get that momentum to carry into the daily ascending channel too, and the bigger targets of $0.11422 and $0.13604 open right up. 

Bears want the mirror image. Triangle support fails, the lower boundary breaks, PI heads toward $0.07047 on the 4H chart, and the daily channel's $0.07036 support comes into play, with that deeper $0.05034 Fibonacci level lurking if things really unravel. 

Both paths stay live here until a confirmed close picks a winner.

Methodology: This one's built on technical analysis of the TradingView 4H and daily charts, current market data, and supply metrics. None of it should be taken as financial advice.

Glossary

• Symmetrical Triangle: Highs sloping down, lows sloping up, squeezing into a narrower and narrower range until price finally has to pick a side.

• Ascending Channel: Two upward-sloping lines running parallel, keeping the price boxed in as it climbs.

• Support Zone: A spot where buyers have shown up before, so traders keep an eye out for a repeat bounce.

• Resistance Level: A spot where sellers have shown up before, so traders watch for the price to stall or reverse there again.

• Fibonacci Extension: A ratio-based tool, 1.618 being a common one, that traders use to project where price might head after a big swing.

Disclaimer: This content is for informational purposes only and should not be treated as financial advice. Cryptocurrency markets, including Pi Network, are highly volatile and carry significant risk of loss. Always do your own research and consult a licensed financial advisor before making investment decisions.