- Pi Network (PI) price fell about 5% in the past 24 hours and is trading near $0.58.
- The pullback follows profit-taking after a sharp rebound from Wednesday’s low of $0.46 and an earlier surge of roughly 20%.
- Strong bullish sentiment across the wider crypto market could help bulls target the $1.00 level.
Pi Network (PI) has been trading around $0.58 over the past 24 hours. The recent dip comes after the token climbed roughly 20% on a broader crypto rally, then retreated as traders booked profits.
The PI token fell back from a recent high of $0.66 reached on Wednesday, threatening to stall the recovery that began after last week’s low of $0.46.
Still, buyers may be able to leverage the strength of the Pi ecosystem—especially plans to integrate generative artificial intelligence (AI)—to push prices higher.
PI drops 5% after notable run-up
Pi Network’s most recent move highlighted a notable rise from a $0.46 low to a $0.66 high, a near-20% advance. That upswing coincided with a broader market rally, where Bitcoin broke above $108,000 and traders eyed $110,000.
Altcoins also picked up momentum as investor confidence returned, with Ethereum, XRP, Solana and BNB approaching key levels.
However, PI’s gains were pared as traders took profits and the token slipped below $0.58.
On-chain and social analytics provider Santiment recorded a surge in social volume, reflecting increased chatter and overall enthusiasm in the community.
Hints from the Pi Network team about integrating generative AI could be an additional tailwind, positioning the project at the intersection of blockchain and artificial intelligence.
Co-founder Nicolas Kokkalis participated on a GenAI panel at Consensus 2025, and the Pi community appears optimistic ahead of a major update scheduled for June 28, 2025.
How is GenAI related to Pi Network? Why did one of two Pi Founders, Nicolas Kokkalis, participate in a GenAI panel at Consensus 2025? Answer on Pi2Day (6.28.2025)
— Pi Network (@PiCoreTeam) June 21, 2025
PI price outlook: what’s next?
With overall market sentiment remaining bullish, PI could weather the recent pullback if buyers view declines as accumulation opportunities. Traders should monitor key price levels and the token’s short-term technical trajectory.
Some indicators point to a cooling of bullish momentum. On the 4-hour chart, the MACD shows waning bullish momentum, while the relative strength index (RSI) has pulled back from overbought territory. The 4-hour RSI currently sits near 53 and is declining.
If bears regain control and the price breaks below $0.56, PI could fall back toward the $0.46 support level. Conversely, renewed risk-on sentiment could prompt accumulation, and a decisive break above $0.63 may pave the way for momentum toward the psychological $1.00 mark. Potential resistance lies near $0.75.
Risks include geopolitical tensions, macroeconomic headwinds and potential selling pressure from token unlocks.