Pi Network price today, March 11, 2025: Continues to fall.
Pi Network price today, March 11, 2025, continues to fall by 1.5% compared to yesterday, currently standing at $1.37 USD. The Pi technical chart signals a more bearish trend.
Pi Network price today
The price of Pi on the OKX exchange on March 11, 2025, is fluctuating around $1.26 to $1.54 (equivalent to VND 32,020 to VND 39,300). Therefore, as of the time of writing, the price of Pi on OKX has decreased by 1.5% compared to yesterday.
Pi Network is currently trading at a key support level. If it can hold, the price of Pi has the potential to recover, but if it continues to fall, the price could plummet even more sharply.
One factor that could help the price rebound is the expectation of Pi being listed on Binance. Binance recently implemented a community-voted listing mechanism, which has attracted significant investor interest in Pi. If Binance officially announces the listing, buying pressure could increase significantly, helping the price recover.
The Pi technical chart signals a more bearish trend.
Pi Network is showing a clear downward trend after losing the crucial support level of $1.43. Breaking this level confirms the weakening of the symmetrical triangle pattern, increasing the prospect of a further decline.
Currently, Pi is trading around $1.41, while the 50-day EMA at $1.74 is becoming a significant resistance level. If the price fails to break above this mark, Pi could continue to fall to $1.20, or even risk dropping to $0.99.
Technical analysis also reveals several negative signs. The 0.236 Fibonacci level at $1.78 has been broken, signaling that the downtrend remains dominant. Meanwhile, the 0.382 Fibonacci level at $1.99 is currently acting as strong resistance, hindering any recovery attempts.
Momentum indicators are also not very promising. The RSI remains below 40, reflecting an oversold condition but with very weak buying pressure. The MACD indicator is still in negative territory, suggesting that bearish momentum still prevails in the market.
If Pi Network fails to quickly recover and regain the $1.74 mark, there's a high probability the price will continue to plummet to $1.20 or $0.99. The Binance listing could create a positive turning point, but until official confirmation, the market remains pessimistic. Investors should exercise caution before making trading decisions, especially as sellers are still in control of the trend.
